How Much Did Franktronics Raise?
Funding & Key Investors

Franktronics has secured $62K in total investment, with a recent capital infusion of $62K to fuel its substantial expansion. This financing marks a significant stage in the company's growth trajectory, positioning it for further development in the competitive IT solutions market.

What is Franktronics?

Franktronics
Business ServicesSoftware TestingConsumer Services

Franktronics, Inc. is a comprehensive IT solutions provider based in Virginia, specializing in new computer sales, expert virus and spyware removal, hardware repairs, and robust business server networking. The company also offers custom website design, development, and hosting, alongside tailored email solutions. Serving a broad client base across Virginia, Franktronics is recognized as a local Lenovo Partner, committed to delivering high-quality technology products and services. Their focus on on-site support and maintenance caters to the specific needs of both individual consumers and businesses requiring reliable IT infrastructure.

How much funding has Franktronics raised?

Franktronics has raised a total of $62K across 1 funding round:

2021

Debt

$62K

Debt (2021): $62K with participation from PPP

Key Investors in Franktronics

PPP

Public-Private Partnership

What's next for Franktronics?

With significant Series B/C stage backing, Franktronics is poised for strategic growth. The recent substantial expansion capital is expected to be deployed towards enhancing its service offerings, potentially expanding its geographical reach within Virginia, and further solidifying its position as a trusted IT partner. This investment will likely enable Franktronics to scale its operations, invest in new technologies, and strengthen its competitive edge in areas such as business networking and custom web solutions.

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Frequently Asked Questions Regarding Franktronics Financial Insights

What are the most recent funding rounds that Franktronics has completed, and what were the funding rounds?
Franktronics has recently completed 1 funding rounds: Debt on Feb 4, 2021.
What is the total amount of funding Franktronics has raised to date?
Franktronics has raised a total of $62K in funding to date.
How many funding rounds has Franktronics completed?
Franktronics has completed 1 funding rounds.
How much funding did Franktronics raise in its most recent funding round?
Franktronics raised $62K in its most recent funding round.
Who are the lead investors in Franktronics's latest funding round?
The lead investor in Franktronics'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 Franktronics's history?
The largest funding round in Franktronics's history was $62K.
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