How Much Did Herrod Technology Raise?
Funding & Key Investors

Herrod Technology has secured $296K in total funding, with its most recent capital infusion amounting to $146K. This significant strategic investment underscores the company's established position in the market and its trajectory towards further expansion.

What is Herrod Technology?

Herrod Technology
Business ServicesSoftware Testing

Herrod Technology is a prominent provider of managed IT services based in Dallas, Texas. The company specializes in delivering comprehensive IT support and management solutions tailored to businesses seeking to optimize their technological infrastructure. Their services are designed to address the complex needs of modern enterprises, ensuring seamless operations and robust cybersecurity.

How much funding has Herrod Technology raised?

Herrod Technology has raised a total of $296K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$146K

Debt (2020): $150K with participation from PPP

Debt (2021): $146K led by PPP

Key Investors in Herrod Technology

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Herrod Technology?

With a substantial late-stage funding context, Herrod Technology is poised for significant growth and strategic development. The recent capital injection is expected to fuel advancements in service offerings, market penetration, and potentially the expansion of their operational footprint. This financial backing will likely enable the company to enhance its technological capabilities and solidify its competitive advantage in the managed IT services sector.

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Frequently Asked Questions Regarding Herrod Technology Financial Insights

What are the most recent funding rounds that Herrod Technology has completed, and what were the funding rounds?
Herrod Technology has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Herrod Technology has raised to date?
Herrod Technology has raised a total of $296K in funding to date.
How many funding rounds has Herrod Technology completed?
Herrod Technology has completed 2 funding rounds.
How much funding did Herrod Technology raise in its most recent funding round?
Herrod Technology raised $146K in its most recent funding round.
Who are the lead investors in Herrod Technology's latest funding round?
The lead investor in Herrod Technology'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 Herrod Technology's history?
The largest funding round in Herrod Technology's history was $150K.
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