How Much Did Centric Business Systems Raise?
Funding & Key Investors

Centric Business Systems has successfully secured a major strategic investment, marking a significant milestone in its corporate trajectory. This latest infusion of capital, totaling $2M, underscores the firm's robust market position within the competitive landscape of enterprise office solutions. With a cumulative financial backing of $2M, the organization is well-positioned to accelerate its operational capabilities and expand its footprint in the document management and IT services sector.

What is Centric Business Systems?

Centric Business Systems
RetailOffice Products Retail & DistributionBusiness Services

Headquartered in Owings Mills, Maryland, Centric Business Systems operates as a comprehensive provider of enterprise-grade office equipment and sophisticated software solutions. The company specializes in the integration of document management systems, user tracking, and advanced security software, which are critical for modern digital workflows. Beyond hardware, the firm offers extensive IT facilities management and backfile scanning services, positioning itself as a vital partner for organizations seeking to optimize their internal infrastructure and data security protocols. By bridging the gap between physical print services and digital document lifecycle management, Centric Business Systems maintains a critical role in the operational efficiency of its diverse client base.

How much funding has Centric Business Systems raised?

Centric Business Systems has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Centric Business Systems

PPP

Public-Private Partnership

What's next for Centric Business Systems?

The recent influx of capital is expected to catalyze the next phase of growth for Centric Business Systems, particularly as the firm looks to scale its IT facilities management and software-as-a-service offerings. Given the current enterprise-level funding context, the company is likely to prioritize the enhancement of its security software suite and the expansion of its digital transformation services. Strategic focus will likely shift toward deepening market penetration in the Baltimore region and beyond, leveraging this financing to bolster its technical infrastructure and service delivery models. As the demand for secure, digitized document workflows continues to rise, Centric Business Systems is strategically aligned to capture additional market share through continued innovation and service excellence.

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Frequently Asked Questions Regarding Centric Business Systems Financial Insights

What are the most recent funding rounds that Centric Business Systems has completed, and what were the funding rounds?
Centric Business Systems has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Centric Business Systems has raised to date?
Centric Business Systems has raised a total of $2M in funding to date.
How many funding rounds has Centric Business Systems completed?
Centric Business Systems has completed 1 funding rounds.
How much funding did Centric Business Systems raise in its most recent funding round?
Centric Business Systems raised $2M in its most recent funding round.
Who are the lead investors in Centric Business Systems's latest funding round?
The lead investor in Centric Business Systems'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 Centric Business Systems's history?
The largest funding round in Centric Business Systems's history was $2M.
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