How Much Did Cordicate IT Raise?
Funding & Key Investors

Cordicate IT has secured substantial capital, with its total funding reaching $463K. The company recently announced a significant strategic investment of $313K, underscoring its robust growth trajectory and market position. This latest financing round signifies a pivotal moment for the managed technology solutions provider.

What is Cordicate IT?

Cordicate IT
Business ServicesSoftware Testing

Cordicate IT, headquartered in Philadelphia, operates as a managed technology solutions provider, focusing on IT consulting and comprehensive managed services. The company offers a broad spectrum of solutions, including advanced cloud services, robust IT security, and resilient business continuity planning. Its core mission is to empower businesses by enabling them to effectively leverage technology for operational transformation and enhanced productivity. Cordicate IT emphasizes engineering excellence and strategic partnerships with industry leaders to deliver proven, tailored solutions to its clientele, which includes Fortune 100, 500, and 1000 companies.

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 strategically positioned for significant expansion and further market penetration. This investment will likely fuel advancements in its service offerings, potentially including the enhancement of its cloud, security, and business continuity solutions. The company's focus on engineering excellence and its established partnerships suggest a continued emphasis on delivering high-value, tailored technology strategies to its enterprise clients, aiming to drive further digital transformation and operational efficiency across various industries.

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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.
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