How Much Did Cornerstone.IT Raise?
Funding & Key Investors

Cornerstone.IT has secured $150K in total funding, with its most recent financing round bringing in $150K. This major strategic investment underscores the company's significant traction in the custom software and IT services sector, positioning it for continued expansion and market influence. The scale of this capital infusion suggests Cornerstone.IT is in a robust growth phase, likely leveraging this backing to accelerate product development and broaden its service offerings.

What is Cornerstone.IT?

Cornerstone.IT
Business ServicesSoftware Testing

Cornerstone.IT operates within the Custom Software & IT Services industry, a dynamic field requiring continuous innovation and client-centric solutions. Headquartered in Philadelphia, Pennsylvania, the company employs between 20 to 49 individuals and generates revenue in the range of $1M to $5M. Its focus on custom software development and IT services indicates a commitment to providing tailored solutions that address specific business challenges for its clientele. The company's operational scale and revenue bracket suggest it is a well-established player with a solid foundation in its market.

How much funding has Cornerstone.IT raised?

Cornerstone.IT has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Cornerstone.IT

PPP

Public-Private Partnership

What's next for Cornerstone.IT?

With the recent strategic investment, Cornerstone.IT is poised for a significant acceleration of its growth trajectory. This capital will likely be deployed to enhance its technological capabilities, expand its service portfolio, and potentially enter new markets. The company's late-stage funding context signals a move towards scaling operations, optimizing market penetration, and possibly preparing for future strategic milestones. Investors backing Cornerstone.IT are likely anticipating substantial returns driven by the company's ability to capitalize on market opportunities and deliver high-value IT solutions.

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Frequently Asked Questions Regarding Cornerstone.IT Financial Insights

What are the most recent funding rounds that Cornerstone.IT has completed, and what were the funding rounds?
Cornerstone.IT has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Cornerstone.IT has raised to date?
Cornerstone.IT has raised a total of $150K in funding to date.
How many funding rounds has Cornerstone.IT completed?
Cornerstone.IT has completed 1 funding rounds.
How much funding did Cornerstone.IT raise in its most recent funding round?
Cornerstone.IT raised $150K in its most recent funding round.
Who are the lead investors in Cornerstone.IT's latest funding round?
The lead investor in Cornerstone.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 Cornerstone.IT's history?
The largest funding round in Cornerstone.IT's history was $150K.
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