How Much Did Engineered IT Raise?
Funding & Key Investors

Engineered IT has secured $41K in total capital, with a recent funding round of $41K designated for substantial expansion capital. This financing positions the company at a significant Series B/C stage, indicating a phase of accelerated growth and market penetration.

What is Engineered IT?

Engineered IT
Business ServicesSoftware Testing

Engineered IT, Inc. is a Chicago-based technology firm established in 2002, specializing in the development of custom applications, websites, and database solutions tailored for small to mid-sized businesses. Their comprehensive service portfolio includes bespoke web application development, expert database consulting, robust cloud solutions, and modernization of legacy systems. The company's strategic focus is on delivering pragmatic software solutions that ensure a demonstrable return on investment for their clientele. While primarily serving the Chicago metropolitan area, Engineered IT possesses the capability to engage with clients globally through remote collaboration.

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

What's next for Engineered IT?

With the recent infusion of substantial expansion capital, Engineered IT is poised for significant scaling. This strategic investment is expected to fuel advancements in their custom application and website development services, potentially enabling broader market reach and enhanced service offerings. The company's focus on ROI-driven solutions suggests a continued emphasis on client success and operational efficiency as they navigate this growth phase. Future developments may include expanding their cloud solution capabilities and further modernizing legacy systems for a wider client base.

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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.
See more information about Engineered IT