How Much Did IT Radix Raise?
Funding & Key Investors

IT Radix, a provider of IT consulting and computer consulting services, has secured $350K in total funding, with its most recent financing round yielding $350K. This major strategic investment underscores the company's established presence and its role in delivering comprehensive IT infrastructure and strategy solutions to businesses in the northern New Jersey area.

What is IT Radix?

IT Radix
Business ServicesSoftware Testing

IT Radix functions as an outsourced IT department for many of its clients, offering expertise in IT infrastructure, including servers, desktops, networks, and end-user support. The company differentiates itself by providing greater flexibility, specialized knowledge, and superior support compared to hiring internal IT staff, often serving businesses with 10-50 employees across various sectors. Their approach emphasizes understanding business goals to design tailored IT strategies, employing IT professionals with a minimum of five years of experience, known for their technical acumen, communication skills, and professionalism.

How much funding has IT Radix raised?

IT Radix has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in IT Radix

PPP

Public-Private Partnership

What's next for IT Radix?

The substantial large-scale late-stage funding indicates IT Radix is poised for significant expansion and strategic development. This capital infusion is likely to fuel enhancements in service offerings, technological advancements, and market reach. The company's focus on acting as a crucial outsourced IT partner for small to medium-sized businesses suggests a strategic direction towards solidifying its position as a go-to resource for reliable IT systems and optimized technology budgets in its operational regions.

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Frequently Asked Questions Regarding IT Radix Financial Insights

What are the most recent funding rounds that IT Radix has completed, and what were the funding rounds?
IT Radix has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding IT Radix has raised to date?
IT Radix has raised a total of $350K in funding to date.
How many funding rounds has IT Radix completed?
IT Radix has completed 1 funding rounds.
How much funding did IT Radix raise in its most recent funding round?
IT Radix raised $350K in its most recent funding round.
Who are the lead investors in IT Radix's latest funding round?
The lead investor in IT Radix'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 Radix's history?
The largest funding round in IT Radix's history was $350K.
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