What is CM First?
CM First Group operates at the intersection of legacy system maintenance and modern digital agility. The company provides specialized software solutions that allow enterprises to modernize their core applications without the risks typically associated with large-scale digital overhauls. By focusing on the optimization of existing codebases and the integration of new technologies, CM First enables organizations to maintain operational continuity while achieving significant performance gains. Their market position is bolstered by a deep understanding of the enterprise software lifecycle, making them a critical partner for businesses looking to bridge the gap between traditional infrastructure and modern cloud-native environments.
How much funding has CM First raised?
CM First has raised a total of $1.4M across 2 funding rounds:
Private Equity
$1.2M
Debt
$150K
Private Equity (2017): $1.2M with participation from Lone Rock Technology Group, Central Texas Angel Network, and Capital Factory companies
Debt (2020): $150K led by PPP
Key Investors in CM First
Lone Rock Technology Group
Lone Rock Technology Group is a private investment firm that specializes in operational strategies aimed at fostering growth within the enterprise software sector.
Central Texas Angel Network
Central Texas Angel Network is a prominent angel investment firm based in Austin, Texas, providing capital, mentorship, and resources to early-stage businesses.
Capital Factory companies
Capital Factory serves as a hub for entrepreneurs, providing resources, networks, and support to help startups thrive as the most active investor in Texas.
What's next for CM First?
With the recent infusion of capital, CM First is poised to scale its operations and expand its footprint within the competitive enterprise software landscape. The strategic focus will likely center on deepening its product capabilities to address the growing demand for automated modernization tools. As the company moves into its next phase of growth, it will leverage its strong ties to the Austin technology hub to attract top-tier talent and foster further innovation. The firm's ability to deliver measurable ROI through its optimization tools remains a key differentiator, ensuring that it remains a preferred partner for enterprises undergoing complex digital transformation initiatives.
See full CM First company page
