InterConnection Funding: How Much Did They Raise & Key Investors

How Much Did InterConnection Raise?
Funding & Key Investors

InterConnection has secured a significant $421K in total capital, with its most recent funding round bringing in $271K. This major strategic investment underscores the organization's established position and its ongoing mission in the non-profit sector. The company's financial trajectory indicates a robust growth phase, supported by substantial backing that facilitates its nationwide operations.

What is InterConnection?

InterConnection

Consumer Services

Repair Services

Organizations

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, including managing parts and peripherals. InterConnection consistently refurbishes over 10,000 computers annually, playing a crucial role in digital inclusion and sustainable technology practices.

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 the recent influx of capital, InterConnection is poised for enhanced operational capacity and expanded reach. The strategic investment is expected to fuel further development of its refurbishment programs and logistical networks, enabling the organization to process a greater volume of computers and serve more communities. This financial backing will be instrumental in advancing its commitment to bridging the digital divide and promoting eco-friendly technology lifecycle management.

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