Concurrency Funding: How Much Did They Raise & Key Investors

How Much Did Concurrency Raise?
Funding & Key Investors

Concurrency has secured $4M in total capital, with its most recent financing round bringing in $2M in a major strategic investment. This enterprise-level funding underscores the company's established position and its ongoing efforts to drive technological innovation and organizational change management for its clients.

The company's financial history includes two debt financing rounds, both valued at $2B, occurring on April 7, 2020, and January 23, 2021, respectively. These rounds were identified as 'Debt' and involved an entity named 'PPP', suggesting potential government-backed support rather than traditional venture capital.

What is Concurrency?

Concurrency

Business Services

Software Testing

Project Management

Founded in 1989 and headquartered in Brookfield, Wisconsin, Concurrency is a business and technology professional services firm dedicated to helping clients leverage technology to achieve their strategic objectives and enhance business operations. The firm specializes in digital transformation initiatives, utilizing expertise in Data & AI, Cloud Datacenter and DevOps, Modern Apps, and Workplace Productivity. With additional offices in Chicago and Minneapolis, Concurrency has been recognized multiple times as a Microsoft Partner of the Year, a Microsoft National Solution Provider, and an ServiceNow Elite Partner, highlighting its strong industry partnerships and capabilities.

How much funding has Concurrency raised?

Concurrency has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

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

Debt (2021): $2M led by PPP

What's next for Concurrency?

The recent major strategic investment, alongside the substantial total capital raised, positions Concurrency for continued growth and expansion in the competitive technology services market. The company's focus on digital transformation, coupled with its deep partnerships with industry leaders like Microsoft and ServiceNow, suggests a strategic direction aimed at capturing a larger share of the enterprise technology solutions market. Future endeavors will likely involve further development of its Data & AI and Cloud capabilities, as well as enhancing its managed services offerings to support ongoing client digital transformation journeys.

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