What is Factor 110?
Established in 2006, Factor 110 operates as a leading destination management company within Oklahoma, specializing in comprehensive event and destination management services. The company prides itself on its certified, award-winning team, which possesses extensive industry certifications and crisis management training. This dedication to expertise ensures a high caliber of service delivery. Factor 110 is committed to offering innovative products and value-added services, emphasizing community involvement and client satisfaction as core tenets of its business philosophy. Through strategic partnerships and competitive pricing, the company aims to deliver exceptional event solutions across a diverse client base.
How much funding has Factor 110 raised?
Factor 110 has raised a total of $459K across 2 funding rounds:
Debt
$150K
Debt
$309K
Debt (2020): $150K with participation from PPP
Debt (2021): $309K led by PPP
What's next for Factor 110?
With the recent influx of capital, Factor 110 is strategically positioned for its next phase of development. The large-scale, late-stage funding suggests a focus on scaling operations, potentially expanding its service offerings, or entering new markets. This significant investment, characterized as a major strategic backing, indicates confidence from investors in Factor 110's business model and its capacity for sustained growth. The company is likely to leverage this financial backing to enhance its technological infrastructure, broaden its client acquisition efforts, and solidify its market leadership in event and destination management.
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