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

Lan Tel Services has secured significant capital, with total funding reaching $336K and a recent strategic investment of $186K. This substantial backing underscores the company's established presence and its ongoing role in providing comprehensive technology solutions for healthcare practices.

What is Lan Tel Services?

Lan Tel Services
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Lan Tel Services, a company with over two decades of operational history, specializes in delivering complete technology support for small and mid-sized healthcare practices. Their service portfolio encompasses the design and installation of digital practice management solutions, alongside ongoing support, troubleshooting, and maintenance for existing systems. Lan Tel aims to provide enterprise-level IT expertise, acting as a virtual CIO, project manager, and support staff, all at a price point accessible to smaller organizations. They focus on integrating technology ergonomically, ensuring stability, cost-effectiveness, and compliance with all relevant regulations. Their offerings include design and consulting, remote and on-site support, telecommunications (traditional and VOIP/SIP), networking, internet access, information security, data backup, hardware procurement assistance, vendor coordination, and proactive monitoring. With offices in Eugene, Portland, and Medford, Lan Tel Services covers the entire state of Oregon, offering a unified solution for technology services, telecommunications, and structured wiring.

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

What's next for Lan Tel Services?

The recent major strategic investment in Lan Tel Services signals a phase of potential expansion and enhanced service delivery. Given the company's long-standing expertise and its focus on critical healthcare infrastructure, this capital infusion is likely to fuel advancements in their digital practice management solutions and potentially broaden their geographic reach or deepen their technological capabilities. The company's history of providing comprehensive, integrated IT and telecommunications support positions it well to capitalize on the increasing demand for robust and secure technology within the healthcare sector.

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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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