How Much Did CTS Services Raise?
Funding & Key Investors

CTS Services has secured $345K in total funding, with its most recent capital infusion amounting to $195K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the IT services sector.

What is CTS Services?

CTS Services
Business ServicesSoftware Testing

CTS Services, Inc. is a distinguished IT services and support provider catering to clients across southern New England. The company offers a comprehensive suite of IT solutions, including depot repair, managed print services, remote server management, and on-site maintenance. As a full-service computer, network, and printer support entity, CTS Services delivers complete on-site, remote, and depot repair services. 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

Key Investors in CTS Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for CTS Services?

The company's large-scale, late-stage funding context suggests a strategic focus on expanding its service offerings, enhancing its technological infrastructure, or potentially pursuing market consolidation. This capital injection is likely to fuel further growth, enabling CTS Services to solidify its position as a premier IT support provider in its operational region and potentially explore new geographic markets or service verticals. The emphasis on strategic investment indicates a forward-looking approach to sustained development and competitive advantage.

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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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