How Much Did Apogee IT Services Raise?
Funding & Key Investors

Apogee IT Services has solidified its market position through a series of significant capital injections, culminating in a total funding volume of $903K. The firm recently secured a major strategic investment of $553K, underscoring its ongoing commitment to scaling its enterprise-grade IT infrastructure and support capabilities. This latest infusion of capital serves as a testament to the company's enduring relevance in the managed services sector, providing the necessary liquidity to navigate complex digital transformation requirements for its diverse client base.

What is Apogee IT Services?

Apogee IT Services
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Founded in 1990 and headquartered in Sewickley, Pennsylvania, Apogee IT Services operates as a cornerstone provider in the managed IT services landscape. The company specializes in the comprehensive lifecycle management of information technology, encompassing the design, security, and ongoing maintenance of critical business systems. By focusing on the optimization of IT functions, Apogee enables organizations to enhance operational efficiency and mitigate cybersecurity risks. Its long-standing history in the industry positions it as a reliable partner for enterprises seeking to outsource complex technical requirements to a seasoned service provider with a proven track record of performance and reliability.

How much funding has Apogee IT Services raised?

Apogee IT Services has raised a total of $903K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$553K

Debt (2020): $350K with participation from PPP

Debt (2021): $553K led by PPP

Key Investors in Apogee IT Services

PPP

Public-Private Partnership

What's next for Apogee IT Services?

With the recent influx of capital, Apogee IT Services is well-positioned to accelerate its strategic growth initiatives. The company is expected to leverage this financing to deepen its service offerings, particularly in the realms of advanced cybersecurity and cloud-based infrastructure management. As the demand for robust, secure IT environments continues to rise, Apogee's focus on improving overall IT function will likely drive further market penetration. The firm's trajectory suggests a continued emphasis on operational excellence and the potential for inorganic growth through targeted service expansion, ensuring it remains a competitive force in the evolving managed services market.

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Frequently Asked Questions Regarding Apogee IT Services Financial Insights

What are the most recent funding rounds that Apogee IT Services has completed, and what were the funding rounds?
Apogee IT Services has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Apogee IT Services has raised to date?
Apogee IT Services has raised a total of $903K in funding to date.
How many funding rounds has Apogee IT Services completed?
Apogee IT Services has completed 2 funding rounds.
How much funding did Apogee IT Services raise in its most recent funding round?
Apogee IT Services raised $553K in its most recent funding round.
Who are the lead investors in Apogee IT Services's latest funding round?
The lead investor in Apogee IT Services's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Apogee IT Services's history?
The largest funding round in Apogee IT Services's history was $553K.
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