How Much Did InterConnection Raise?
Funding & Key Investors

InterConnection has secured $421K in total financing, with its most recent capital infusion amounting to $271K during a major strategic investment round. This significant backing underscores the organization's established presence and impact in its sector.

What is InterConnection?

InterConnection
Consumer ServicesRepair ServicesOrganizations

InterConnection is a distinguished 501(c)3 non-profit organization dedicated to the refurbishment and nationwide distribution of computers. Emphasizing reuse over recycling, the organization upholds stringent standards for environmentally sound computer disposal, processing over 10,000 computers annually. Its commitment to sustainability and digital inclusion positions it as a key player in resource management and technology accessibility.

How much funding has InterConnection raised?

InterConnection has raised a total of $421K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$271K

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

Debt (2021): $271K led by PPP

Key Investors in InterConnection

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for InterConnection?

With substantial large-scale late-stage funding, InterConnection is poised for continued expansion and enhanced operational capacity. This strategic investment will likely fuel initiatives aimed at increasing refurbishment volumes, expanding its distribution network, and potentially developing new programs to further its mission of digital equity and environmental stewardship. The organization's focus on reuse aligns with growing global efforts towards a circular economy, suggesting a trajectory of sustained impact and growth.

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Frequently Asked Questions Regarding InterConnection Financial Insights

What are the most recent funding rounds that InterConnection has completed, and what were the funding rounds?
InterConnection has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on May 3, 2020.
What is the total amount of funding InterConnection has raised to date?
InterConnection has raised a total of $421K in funding to date.
How many funding rounds has InterConnection completed?
InterConnection has completed 2 funding rounds.
How much funding did InterConnection raise in its most recent funding round?
InterConnection raised $271K in its most recent funding round.
Who are the lead investors in InterConnection's latest funding round?
The lead investor in InterConnection'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 InterConnection's history?
The largest funding round in InterConnection's history was $271K.
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