How Much Did Engineered IT Raise?
Funding & Key Investors

Engineered IT has successfully secured a significant capital injection, bringing its total funding to $41K. This latest financing round, which accounts for $41K, underscores the firm's robust position within the competitive software services landscape. By leveraging this substantial expansion capital, the company is well-positioned to accelerate its service delivery capabilities and broaden its market reach beyond its established Chicago-based operations.

What is Engineered IT?

Engineered IT
Business ServicesSoftware Testing

Founded in 2002, Engineered IT has carved out a specialized niche in the development of custom applications, database architecture, and comprehensive cloud solutions tailored for small to mid-sized enterprises. The firm distinguishes itself through a pragmatic approach to digital transformation, focusing on legacy system modernization and high-impact software engineering that prioritizes measurable return on investment. By maintaining a dual focus on local client engagement and global remote delivery, the company has demonstrated consistent operational resilience and technical adaptability in an evolving digital economy.

How much funding has Engineered IT raised?

Engineered IT has raised a total of $41K across 1 funding round:

2021

Debt

$41K

Debt (2021): $41K with participation from PPP

Key Investors in Engineered IT

PPP

Public-Private Partnership

What's next for Engineered IT?

With the recent influx of capital, Engineered IT is expected to prioritize the scaling of its engineering teams and the enhancement of its proprietary cloud-based service offerings. The strategic deployment of these funds will likely focus on deepening the firm's expertise in legacy system migration, a critical pain point for many mid-market organizations seeking to modernize their infrastructure. As the company transitions into this next phase of growth, the focus will remain on maintaining high-margin service delivery while exploring new geographic markets to sustain its long-term trajectory.

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Frequently Asked Questions Regarding Engineered IT Financial Insights

What are the most recent funding rounds that Engineered IT has completed, and what were the funding rounds?
Engineered IT has recently completed 1 funding rounds: Debt on Feb 19, 2021.
What is the total amount of funding Engineered IT has raised to date?
Engineered IT has raised a total of $41K in funding to date.
How many funding rounds has Engineered IT completed?
Engineered IT has completed 1 funding rounds.
How much funding did Engineered IT raise in its most recent funding round?
Engineered IT raised $41K in its most recent funding round.
Who are the lead investors in Engineered IT's latest funding round?
The lead investor in Engineered 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 Engineered IT's history?
The largest funding round in Engineered IT's history was $41K.
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