How Much Did Concord Raise?
Funding & Key Investors

Concord, an established IT consulting firm, has secured major enterprise-level funding, with its total capital raised standing at $2M. The company recently received an undisclosed amount in its latest financing round on April 6, 2021, following a significant $2B debt investment on April 8, 2020. This strategic capital infusion positions Concord for continued expansion in the competitive technology services market.

What is Concord?

Concord
Business ServicesSoftware Testing

Headquartered in Hopkins, Minnesota, and founded in 2003, Concord is a seasoned IT consulting firm. The company offers a comprehensive suite of services including advisory, digital and user experience design, cloud application integration, advanced data solutions and analytics, and robust information security solutions. Concord serves enterprises seeking to navigate complex technological landscapes and drive digital transformation.

How much funding has Concord raised?

Concord has raised a total of $2M across 1 funding round:

2020

Debt

$2M

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

What's next for Concord?

With a history of securing substantial investment and a focus on critical IT domains, Concord is poised for significant growth. The recent enterprise-level financing suggests a strategic move towards scaling operations, expanding service offerings, or pursuing market consolidation. The company's expertise in cloud, data, and security positions it well to capitalize on ongoing digital transformation trends across various industries.

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Frequently Asked Questions Regarding Concord Financial Insights

What are the most recent funding rounds that Concord has completed, and what were the funding rounds?
Concord has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Concord has raised to date?
Concord has raised a total of $2M in funding to date.
How many funding rounds has Concord completed?
Concord has completed 1 funding rounds.
How much funding did Concord raise in its most recent funding round?
Concord raised $2M in its most recent funding round.
Who are the lead investors in Concord's latest funding round?
The lead investor in Concord'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 Concord's history?
The largest funding round in Concord's history was $2M.
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