How Much Did Lan Tel Services Raise?
Funding & Key Investors

Lan Tel Services has secured significant capital, with a total funding amount of $336K. The company recently announced a major strategic investment, bringing in $186K in new financing. This latest round of backing underscores the company's established presence and its strategic importance within its sector.

What is Lan Tel Services?

Lan Tel Services
Business ServicesSoftware Testing

Lan Tel Services is a seasoned provider of comprehensive healthcare practice technology support, catering to small and mid-sized practices. With over two decades of experience, the company specializes in designing, installing, and maintaining digital practice management solutions. They aim to equip smaller organizations with the same level of IT expertise typically available to larger enterprises, acting as a virtual CIO, project manager, and support staff. Their services encompass IT infrastructure, telecommunications, networking, information security, data backup, and hardware procurement, ensuring solutions are integrated ergonomically, esthetically, cost-effectively, and compliantly. Lan Tel operates across Oregon with offices in Eugene, Portland, and Medford.

How much funding has Lan Tel Services raised?

Lan Tel Services has raised a total of $336K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$186K

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

Debt (2021): $186K led by PPP

Key Investors in Lan Tel Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Lan Tel Services?

The substantial large-scale late-stage funding Lan Tel Services has received indicates a strategic push for expansion and enhanced service delivery. This capital infusion is likely to fuel advancements in their technology offerings, potentially including broader adoption of VOIP/SIP solutions, more robust information security measures, and expanded remote support capabilities. The company's focus on providing enterprise-level IT support at a small practice price positions it for significant growth as healthcare providers increasingly rely on integrated digital management systems to meet compliance and operational efficiency goals.

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Frequently Asked Questions Regarding Lan Tel Services Financial Insights

What are the most recent funding rounds that Lan Tel Services has completed, and what were the funding rounds?
Lan Tel Services has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Lan Tel Services has raised to date?
Lan Tel Services has raised a total of $336K in funding to date.
How many funding rounds has Lan Tel Services completed?
Lan Tel Services has completed 2 funding rounds.
How much funding did Lan Tel Services raise in its most recent funding round?
Lan Tel Services raised $186K in its most recent funding round.
Who are the lead investors in Lan Tel Services's latest funding round?
The lead investor in Lan Tel Services'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 Lan Tel Services's history?
The largest funding round in Lan Tel Services's history was $186K.
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