What is Archi-Technology?
Archi-Technology, operating under the name Follett Software, provides the Follett Facilities Suite, a comprehensive facilities management software solution tailored for K-12 school districts. This suite aids in operational efficiency through technology planning, asset surveys, and integrated facility management tools, complementing the Destiny Educator Platform. With a significant footprint, serving 65% of U.S. school districts, the company is a key player in delivering essential educational technology resources while managing budgetary constraints.
How much funding has Archi-Technology raised?
Archi-Technology has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Archi-Technology
PPP
Public-Private Partnership
What's next for Archi-Technology?
The recent large-scale, late-stage funding indicates Archi-Technology is poised for significant expansion and further development of its facilities management solutions. This strategic capital infusion is likely to fuel enhancements in its technology offerings, potentially expanding its reach into new educational markets or deepening its integration capabilities. The company's focus on efficiency and budget adherence suggests future investments will prioritize scalable solutions that continue to support K-12 districts.
See full Archi-Technology company page