How Much Did Magadia Raise?
Funding & Key Investors

Magadia, a specialist in Information Technology Solutions and Management Consulting Services, has secured $350K in total capital. The company recently announced a $350K strategic investment, marking a significant milestone in its growth trajectory. This latest financing round underscores the company's established position within the federal government, state, and private sectors, particularly in its provision of cloud services, software development, and project management solutions.

What is Magadia?

Magadia
Business ServicesSoftware TestingProject Management

Magadia Consulting, Inc. is an SBA-certified, Economically Disadvantaged Women-Owned Small Business that excels in delivering Information Technology Solutions and Management Consulting Services. The firm's expertise spans critical areas such as cloud services, software development, and project management, primarily serving Federal Government Agencies alongside state and private sector clients. Magadia is recognized for its commitment to rapid, high-quality system delivery and fostering robust client relationships through efficient operational processes. Their dedicated team of specialists aims to empower businesses to navigate and overcome complex IT challenges, ensuring they maintain a competitive edge in the dynamic technological landscape.

How much funding has Magadia raised?

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

2020

Debt

$350K

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

Key Investors in Magadia

PPP

Public-Private Partnership

What's next for Magadia?

With a substantial $350K in overall backing and a recent $350K strategic investment, Magadia is well-positioned for its next phase of expansion. The company's focus on serving government and private sector clients with essential IT solutions suggests a strategic deployment of these funds towards enhancing service offerings, potentially expanding its technological capabilities, and deepening client engagement. This late-stage funding context indicates a move towards scaling operations and solidifying its market leadership in the competitive IT consulting and solutions domain.

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Frequently Asked Questions Regarding Magadia Financial Insights

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