What is Infrastructure Management Services?
Infrastructure Management Services (IMS) specializes in providing comprehensive software products and associated services designed to empower public and private entities in effectively managing their pavement and infrastructure assets. The company's integrated solutions encompass advanced data collection technology and a team of experts, enabling them to deliver turnkey solutions to a diverse client base. With upcoming Government Accounting Standards Board rule changes mandating infrastructure asset condition assessments for public sector agencies, IMS is strategically positioned to address a growing market need.
How much funding has Infrastructure Management Services raised?
Infrastructure Management Services has raised a total of $959K across 2 funding rounds:
Debt
$350K
Debt
$609K
Debt (2020): $350K with participation from PPP
Debt (2021): $609K led by PPP
Key Investors in Infrastructure Management Services
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Infrastructure Management Services?
The recent major strategic investment signals a new phase of growth and development for Infrastructure Management Services. This capital is expected to fuel further innovation in their software products and data collection technologies, enhancing their ability to serve public and private sector clients facing evolving regulatory requirements. The company's focus on infrastructure asset management aligns with critical national and municipal needs, suggesting a trajectory towards expanded market penetration and service offerings.
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