How Much Did Concept Software & Services Raise?
Funding & Key Investors

Concept Software & Services (CSSI), an IT staff augmentation and custom software solutions provider, has recently secured a significant strategic investment, contributing to its overall $1.2M in capital. The latest funding round, which closed on January 30, 2021, brought in $885K in debt financing, underscoring the company's ongoing financial momentum and its established position in the enterprise technology sector.

The company's history of securing debt financing, including a previous round on April 27, 2020, indicates a strategy focused on leveraging financial instruments for operational growth and expansion.

What is Concept Software & Services?

Concept Software & Services
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Concept Software & Services, Inc. (CSSI) operates as a key player in the IT services landscape, specializing in both augmenting IT staff and designing bespoke software solutions. With a strong emphasis on contemporary technologies such as mobile, analytics, and cloud computing, CSSI serves a diverse range of industries including healthcare, finance, transportation, and retail. Their expertise spans business intelligence, process management, data warehousing, and web technologies, positioning them as a strategic partner for Fortune 500 organizations seeking to enhance their technological capabilities and drive business outcomes through innovative software development.

How much funding has Concept Software & Services raised?

Concept Software & Services has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$885K

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

Debt (2021): $885K led by PPP

What's next for Concept Software & Services?

The recent major strategic investment and the context of enterprise-level funding suggest Concept Software & Services is poised for significant scaling and further development of its core competencies. This backing will likely fuel advancements in their mobile, analytics, and cloud offerings, potentially enabling expansion into new markets or deepening their engagement with existing Fortune 500 clients. CSSI's commitment to partnering with small and diverse businesses may also see accelerated initiatives, leveraging this capital to foster broader ecosystem growth. The company's trajectory points towards continued innovation and strategic partnerships within the enterprise IT solutions space.

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Frequently Asked Questions Regarding Concept Software & Services Financial Insights

What are the most recent funding rounds that Concept Software & Services has completed, and what were the funding rounds?
Concept Software & Services has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Concept Software & Services has raised to date?
Concept Software & Services has raised a total of $1.2M in funding to date.
How many funding rounds has Concept Software & Services completed?
Concept Software & Services has completed 2 funding rounds.
How much funding did Concept Software & Services raise in its most recent funding round?
Concept Software & Services raised $885K in its most recent funding round.
Who are the lead investors in Concept Software & Services's latest funding round?
The lead investor in Concept Software & 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 Concept Software & Services's history?
The largest funding round in Concept Software & Services's history was $885K.
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