How Much Did CTS Services Raise?
Funding & Key Investors

CTS Services has secured significant capital, with its total funding reaching $345K. The company recently announced a $195K round, characterized as a major strategic investment, underscoring its advanced stage of development and market positioning.

What is CTS Services?

CTS Services
Business ServicesSoftware Testing

CTS Services, Inc. is a prominent IT services and support provider catering to clients across southern New England. The company offers a comprehensive suite of IT solutions, including depot repair services, managed print services, remote server management, and on-site maintenance and repair. As a full-service computer, network, and printer support entity, CTS Services delivers complete on-site, remote, and depot repair services to businesses throughout the region. It operates as a factory-authorized service center for a wide array of major brands and models of monitors, notebooks, and printers, with a specialization in touch screen monitor repair, flat screen monitor repair, and point-of-sale terminal servicing.

How much funding has CTS Services raised?

CTS Services has raised a total of $345K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$195K

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

Debt (2021): $195K led by PPP

What's next for CTS Services?

The recent large-scale, late-stage funding indicates CTS Services is poised for significant expansion and operational enhancement. This strategic capital infusion is likely to fuel further market penetration, service diversification, and technological advancements within its IT support and repair offerings. The company's focus on comprehensive IT solutions and its established presence in southern New England position it for continued growth and consolidation of its market leadership.

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Frequently Asked Questions Regarding CTS Services Financial Insights

What are the most recent funding rounds that CTS Services has completed, and what were the funding rounds?
CTS Services has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 7, 2020.
What is the total amount of funding CTS Services has raised to date?
CTS Services has raised a total of $345K in funding to date.
How many funding rounds has CTS Services completed?
CTS Services has completed 2 funding rounds.
How much funding did CTS Services raise in its most recent funding round?
CTS Services raised $195K in its most recent funding round.
Who are the lead investors in CTS Services's latest funding round?
The lead investor in CTS Services'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 CTS Services's history?
The largest funding round in CTS Services's history was $195K.
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