How Much Did Grid1t Raise?
Funding & Key Investors

Grid1t has secured $21K in total funding, with a recent capital infusion of $21K to fuel substantial expansion. This latest financing round, occurring on January 30, 2021, signifies a critical growth phase for the company, likely positioning it for scaling operations and market penetration.

What is Grid1t?

Grid1t
Business ServicesSoftware TestingProject Management

GRID1T LLC is a technology solutions provider specializing in the automation and streamlining of business processes through Microsoft's Power Platform, including Power Apps, Power Automate, and Power BI. The company's core mission involves identifying and rectifying operational inefficiencies for its clients by deploying experienced personnel to develop and implement bespoke solutions. GRID1T LLC serves a diverse clientele, encompassing small businesses, non-profit organizations, and government agencies, with a commitment to delivering cost-effective and operationally sound outcomes. Their established track record includes engagements with prominent entities such as the U.S. Department of Housing & Urban Development, NASA Glenn Research Center, and the U.S. Department of Justice.

How much funding has Grid1t raised?

Grid1t has raised a total of $21K across 1 funding round:

2021

Debt

$21K

Debt (2021): $21K with participation from PPP

Key Investors in Grid1t

PPP

Public-Private Partnership

What's next for Grid1t?

The significant Series B/C stage funding context suggests Grid1t is poised for accelerated growth, likely focusing on expanding its service offerings, enhancing its technological capabilities, and broadening its client base. This strategic investment will probably be directed towards scaling its team of experienced personnel, further developing its proprietary solutions, and increasing its market reach within the government and enterprise sectors. The company's emphasis on Microsoft technologies positions it well within the current digital transformation landscape, indicating a trajectory towards becoming a leading provider of automated business solutions.

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Frequently Asked Questions Regarding Grid1t Financial Insights

What are the most recent funding rounds that Grid1t has completed, and what were the funding rounds?
Grid1t has recently completed 1 funding rounds: Debt on Jan 30, 2021.
What is the total amount of funding Grid1t has raised to date?
Grid1t has raised a total of $21K in funding to date.
How many funding rounds has Grid1t completed?
Grid1t has completed 1 funding rounds.
How much funding did Grid1t raise in its most recent funding round?
Grid1t raised $21K in its most recent funding round.
Who are the lead investors in Grid1t's latest funding round?
The lead investor in Grid1t'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 Grid1t's history?
The largest funding round in Grid1t's history was $21K.
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