How Much Did IT Worx Raise?
Funding & Key Investors

IT Worx has secured $71K in total investment, with a recent capital infusion of $71K announced on January 25, 2021. This substantial expansion capital marks a significant milestone for the company, positioning it for further growth within the competitive IT services sector. The funding context indicates the company is at a significant Series B/C stage, suggesting a focus on scaling operations and market penetration.

What is IT Worx?

IT Worx
RetailEcommerce PlatformsBusiness Services

IT Worx operates as a comprehensive provider of Business IT Services, with a specialized focus on the sales and repair of both Apple and PC computers. As an Apple Authorized Reseller and Service Provider, the company delivers high-quality products and tailored repair services designed to meet the specific IT needs of its business clientele. With established locations in Greensboro and Winston Salem, IT Worx is strategically positioned to serve its customer base effectively, ensuring efficient and reliable IT support.

How much funding has IT Worx raised?

IT Worx has raised a total of $71K across 1 funding round:

2021

Debt

$71K

Debt (2021): $71K with participation from PPP

Key Investors in IT Worx

PPP

Public-Private Partnership

What's next for IT Worx?

The recent influx of substantial expansion capital at a significant Series B/C stage suggests IT Worx is poised for accelerated growth. This financing is likely to be deployed towards enhancing service offerings, expanding its geographical reach, and potentially investing in new technologies to maintain a competitive edge. The company's focus on both Apple and PC platforms, coupled with its authorized reseller and service provider status, provides a strong foundation for capturing a larger share of the business IT services market. Strategic investments in infrastructure and talent will be key to leveraging this funding for sustained development and market leadership.

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Frequently Asked Questions Regarding IT Worx Financial Insights

What are the most recent funding rounds that IT Worx has completed, and what were the funding rounds?
IT Worx has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding IT Worx has raised to date?
IT Worx has raised a total of $71K in funding to date.
How many funding rounds has IT Worx completed?
IT Worx has completed 1 funding rounds.
How much funding did IT Worx raise in its most recent funding round?
IT Worx raised $71K in its most recent funding round.
Who are the lead investors in IT Worx's latest funding round?
The lead investor in IT Worx'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 Worx's history?
The largest funding round in IT Worx's history was $71K.
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