How Much Did Intelek Technologies Raise?
Funding & Key Investors

Intelek Technologies, a provider of cloud-based EDI translation and B2B data integration services, has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the critical transportation and logistics technology sector.

The company's latest funding event, dated April 8, 2020, involved a $150M debt financing. This infusion of capital is indicative of Intelek Technologies' mature operational phase, likely aimed at further scaling its infrastructure and expanding its market reach.

What is Intelek Technologies?

Intelek Technologies
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Founded in 1996 and headquartered in Norman, Oklahoma, Intelek Technologies specializes in automating Electronic Data Interchange (EDI) processes and facilitating B2B data integration for the transportation and logistics industry. The company supports over 50 data formats and connects with more than 3,000 trading partners, processing upwards of 250,000 daily transactions. Their cloud-based solutions are designed to streamline operations, reduce manual tasks, and enhance efficiency for businesses, enabling them to concentrate on core strategic objectives. Intelek Technologies' long-standing commitment to process automation and client value has positioned it as a key player in the logistics technology landscape.

How much funding has Intelek Technologies raised?

Intelek Technologies has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Intelek Technologies?

With a substantial history of facilitating critical B2B transactions and a recent strategic investment, Intelek Technologies is poised for continued expansion. The company's focus on cloud-based EDI and data integration within the logistics sector aligns with the increasing demand for automated and efficient supply chain management. Future growth is likely to involve enhancing its service offerings, potentially through further technological innovation or strategic partnerships, to maintain its competitive edge and capitalize on the evolving digital transformation within the transportation industry. The company's ability to manage a vast network of trading partners and data formats suggests a strong foundation for future scaling and market penetration.

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Frequently Asked Questions Regarding Intelek Technologies Financial Insights

What are the most recent funding rounds that Intelek Technologies has completed, and what were the funding rounds?
Intelek Technologies has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Intelek Technologies has raised to date?
Intelek Technologies has raised a total of $150K in funding to date.
How many funding rounds has Intelek Technologies completed?
Intelek Technologies has completed 1 funding rounds.
How much funding did Intelek Technologies raise in its most recent funding round?
Intelek Technologies raised $150K in its most recent funding round.
Who are the lead investors in Intelek Technologies's latest funding round?
The lead investor in Intelek Technologies'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 Intelek Technologies's history?
The largest funding round in Intelek Technologies's history was $150K.
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