How Much Did Ascension IT Raise?
Funding & Key Investors

Ascension IT, a provider of comprehensive IT solutions and managed IT services, has secured $15K in total funding, with its most recent capital infusion amounting to $15K. This financing round, characterized as moderate growth capital, underscores the company's strategic position in the IT services sector. The company's trajectory suggests a significant growth phase, likely leveraging this investment to expand its service offerings and market reach.

What is Ascension IT?

Ascension IT
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Ascension IT specializes in outsourced IT support, network management, cybersecurity, and cloud services, offering tailored solutions designed to enhance business productivity and manage IT costs effectively. With a notable emphasis on rapid response times, averaging 15 minutes, and dedicated customer service liaisons, the company aims to eliminate IT-related hindrances for its clients. Their expertise extends to medical technology, indicating a specialized focus within their service portfolio. Ascension IT targets businesses across Alabama and nationwide, positioning itself as a reliable partner for proactive and efficient IT management.

How much funding has Ascension IT raised?

Ascension IT has raised a total of $15K across 1 funding round:

2021

Debt

$15K

Debt (2021): $15K with participation from PPP

Key Investors in Ascension IT

PPP

Public-Private Partnership

What's next for Ascension IT?

Operating within the Series A/B growth stage, Ascension IT is poised for significant expansion. The recent capital injection is expected to fuel strategic initiatives, potentially including the enhancement of their cybersecurity and cloud service portfolios, further penetration into the medical technology sector, and broader geographic market expansion. Continued focus on their core value proposition—rapid response and dedicated support—will be critical in solidifying their market leadership and attracting new clientele seeking dependable IT solutions.

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Frequently Asked Questions Regarding Ascension IT Financial Insights

What are the most recent funding rounds that Ascension IT has completed, and what were the funding rounds?
Ascension IT has recently completed 1 funding rounds: Debt on Feb 5, 2021.
What is the total amount of funding Ascension IT has raised to date?
Ascension IT has raised a total of $15K in funding to date.
How many funding rounds has Ascension IT completed?
Ascension IT has completed 1 funding rounds.
How much funding did Ascension IT raise in its most recent funding round?
Ascension IT raised $15K in its most recent funding round.
Who are the lead investors in Ascension IT's latest funding round?
The lead investor in Ascension IT'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 Ascension IT's history?
The largest funding round in Ascension IT's history was $15K.
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