How Much Did LincolnIT Raise?
Funding & Key Investors

LincolnIT has secured $2M in total capital, with a recent strategic investment of $2M underscoring its significant enterprise-level funding trajectory. This latest financing round, dated April 16, 2020, marks a pivotal moment for the New York-based technology infrastructure solutions provider.

What is LincolnIT?

LincolnIT
Business ServicesSoftware Testing

Founded in 1998 and headquartered in Hicksville, New York, LincolnIT operates as a prominent managed services provider (MSP). The company specializes in delivering comprehensive technology infrastructure solutions tailored to the needs of businesses within the New York metropolitan area. Its core offerings encompass managed services, ensuring operational efficiency and robust IT support for its clientele.

How much funding has LincolnIT raised?

LincolnIT has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in LincolnIT

PPP

Public-Private Partnership

What's next for LincolnIT?

The substantial enterprise-level funding, highlighted by the recent strategic investment, positions LincolnIT for accelerated growth and enhanced service capabilities. This capital infusion is expected to fuel expansion initiatives, potentially involving the adoption of new technologies, broadening its service portfolio, and strengthening its market presence within the competitive New York technology landscape. The company's focus on managed services and infrastructure solutions suggests a strategic direction towards solidifying its role as a key IT partner for businesses in the region.

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Frequently Asked Questions Regarding LincolnIT Financial Insights

What are the most recent funding rounds that LincolnIT has completed, and what were the funding rounds?
LincolnIT has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding LincolnIT has raised to date?
LincolnIT has raised a total of $2M in funding to date.
How many funding rounds has LincolnIT completed?
LincolnIT has completed 1 funding rounds.
How much funding did LincolnIT raise in its most recent funding round?
LincolnIT raised $2M in its most recent funding round.
Who are the lead investors in LincolnIT's latest funding round?
The lead investor in LincolnIT'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 LincolnIT's history?
The largest funding round in LincolnIT's history was $2M.
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