How Much Did Forward TS Raise?
Funding & Key Investors

Forward TS, a prominent technology services provider based in Southeastern Wisconsin, has successfully secured a significant capital injection, bringing its total funding to $350K. This recent funding amount of $350K represents a major strategic investment designed to bolster the firm's operational capabilities and expand its suite of managed IT solutions. By leveraging this financial backing, the company aims to solidify its market presence as it transitions from its historical roots in office equipment toward a comprehensive technology-first service model.

What is Forward TS?

Forward TS
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Originally established in 1974 as Office Copying Equipment, Ltd., Forward TS has evolved significantly under the leadership of Timothy Sett. The company has maintained a long-standing partnership with Sharp Electronics, serving as a cornerstone of its service offerings for decades. Following a strategic rebranding in 2021, the organization shifted its focus toward high-level IT infrastructure, cybersecurity, and managed services. This pivot reflects a broader industry trend where legacy hardware providers are increasingly integrating software-defined solutions to meet the complex digital transformation needs of regional enterprises. Forward TS distinguishes itself through a commitment to personalized, high-touch client service, a legacy maintained since its inception in West Allis, Wisconsin.

How much funding has Forward TS raised?

Forward TS has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Forward TS

PPP

Public-Private Partnership

What's next for Forward TS?

With the infusion of this capital, Forward TS is well-positioned to accelerate its growth trajectory within the competitive IT services landscape. The strategic roadmap involves scaling its managed service offerings and deepening its technical expertise to support the evolving requirements of its customer base. By prioritizing the integration of advanced IT products alongside its traditional hardware portfolio, the firm is effectively future-proofing its business model. Investors and stakeholders will likely monitor how the company utilizes this financing to capture additional market share in the Wisconsin region, particularly as it seeks to modernize its service delivery framework and enhance its competitive advantage in the managed IT sector.

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Frequently Asked Questions Regarding Forward TS Financial Insights

What are the most recent funding rounds that Forward TS has completed, and what were the funding rounds?
Forward TS has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Forward TS has raised to date?
Forward TS has raised a total of $350K in funding to date.
How many funding rounds has Forward TS completed?
Forward TS has completed 1 funding rounds.
How much funding did Forward TS raise in its most recent funding round?
Forward TS raised $350K in its most recent funding round.
Who are the lead investors in Forward TS's latest funding round?
The lead investor in Forward TS'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 Forward TS's history?
The largest funding round in Forward TS's history was $350K.
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