How Much Did Cordicate IT Raise?
Funding & Key Investors

Cordicate IT has secured $463K in total capital, with its most recent financing round bringing in $313K in a major strategic investment. This significant backing underscores the company's established position in the managed technology solutions sector and its trajectory towards further expansion.

What is Cordicate IT?

Cordicate IT
Business ServicesSoftware Testing

Cordicate IT is a prominent managed technology solutions provider headquartered in Philadelphia. The company specializes in comprehensive IT consulting and managed services, offering a robust suite of solutions designed to empower businesses. Their offerings encompass cloud services, advanced IT security, and resilient business continuity planning. By focusing on engineering excellence and adopting a strategic approach, Cordicate IT collaborates with industry leaders to deliver proven, tailored solutions. Their client base includes Fortune 100, 500, and 1000 companies, all of whom benefit from Cordicate IT's expertise in transforming operations and enhancing productivity through effective technology leverage.

How much funding has Cordicate IT raised?

Cordicate IT has raised a total of $463K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$313K

Debt (2020): $150K with participation from PPP

Debt (2021): $313K led by PPP

Key Investors in Cordicate IT

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Cordicate IT?

With the recent influx of capital and its classification as large-scale late-stage funding, Cordicate IT is poised for significant growth and strategic initiatives. This investment will likely fuel further development of their managed technology solutions, potentially expanding their service portfolio in areas such as cybersecurity and cloud infrastructure. The company may also focus on broadening its market reach, targeting new enterprise clients and strengthening its presence in key industries. Strategic partnerships and potential acquisitions could also be on the horizon as Cordicate IT aims to solidify its leadership position and capitalize on emerging technological trends.

See full Cordicate IT company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesFood Service
Business ServicesHuman Resources Management Systems (HRMS)Accounting for Legal Practices
Accounting for Legal PracticesBusiness Services
Business ServicesProject ManagementSoftware Testing

Frequently Asked Questions Regarding Cordicate IT Financial Insights

What are the most recent funding rounds that Cordicate IT has completed, and what were the funding rounds?
Cordicate IT has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Cordicate IT has raised to date?
Cordicate IT has raised a total of $463K in funding to date.
How many funding rounds has Cordicate IT completed?
Cordicate IT has completed 2 funding rounds.
How much funding did Cordicate IT raise in its most recent funding round?
Cordicate IT raised $313K in its most recent funding round.
Who are the lead investors in Cordicate IT's latest funding round?
The lead investor in Cordicate IT'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 Cordicate IT's history?
The largest funding round in Cordicate IT's history was $313K.
See more information about Cordicate IT