How Much Did IT Authorities Raise?
Funding & Key Investors

IT Authorities has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the managed services sector.

What is IT Authorities?

IT Authorities
Business ServicesSoftware Testing

IT Authorities, founded in 2006 and headquartered in Tampa, Florida, operates as a world-class Managed Service Provider (MSP). The company specializes in delivering comprehensive managed services, including Enterprise Help Desk, Mission Critical Support Services, Cloud Services, and SAP Function Support. Their core mission revolves around enhancing business profitability, boosting productivity, and ensuring the utmost security and reliability of IT systems, thereby providing clients with peace-of-mind.

How much funding has IT Authorities raised?

IT Authorities has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in IT Authorities

PPP

Public-Private Partnership

What's next for IT Authorities?

The recent major strategic investment suggests IT Authorities is poised for significant scaling and potentially further market penetration. This capital infusion is likely to fuel expansion initiatives, enhance service offerings, and strengthen its competitive position within the enterprise IT solutions landscape. The company's focus on core business improvements for its clients indicates a strategic approach to growth, aiming to leverage its robust service portfolio to capture larger market share.

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Frequently Asked Questions Regarding IT Authorities Financial Insights

What are the most recent funding rounds that IT Authorities has completed, and what were the funding rounds?
IT Authorities has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding IT Authorities has raised to date?
IT Authorities has raised a total of $1M in funding to date.
How many funding rounds has IT Authorities completed?
IT Authorities has completed 1 funding rounds.
How much funding did IT Authorities raise in its most recent funding round?
IT Authorities raised $1M in its most recent funding round.
Who are the lead investors in IT Authorities's latest funding round?
The lead investor in IT Authorities'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 IT Authorities's history?
The largest funding round in IT Authorities's history was $1M.
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