How Much Did Micro Medic Raise?
Funding & Key Investors

Micro Medic has secured $115K in total capital, with its most recent financing round bringing in $115K in a major strategic investment. This significant backing underscores the company's established position in the IT services sector and its trajectory towards further expansion.

What is Micro Medic?

Micro Medic
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Micro Medic, founded in 1986, is a provider of IT consulting, network design, and support services specifically tailored for small and medium-sized businesses within the greater Raleigh-Durham-Chapel Hill area. The company distinguishes itself by offering personalized IT solutions, encompassing cloud computing, disaster recovery, and equipment repair, all without imposing long-term contractual obligations. Their operational philosophy centers on a relational approach to IT support, assigning dedicated technicians to clients to foster a deeper understanding of their unique needs and ensure consistent, high-quality service. Micro Medic also leverages partnerships with leading technology manufacturers to help clients maximize the strategic value derived from their technology investments.

How much funding has Micro Medic raised?

Micro Medic has raised a total of $115K across 1 funding round:

2021

Debt

$115K

Debt (2021): $115K with participation from PPP

Key Investors in Micro Medic

PPP

Public-Private Partnership

What's next for Micro Medic?

The recent large-scale, late-stage funding for Micro Medic signals a pivotal moment for the company, likely enabling significant investments in scaling operations, expanding service offerings, and potentially entering new geographic markets. This influx of capital is expected to fuel strategic initiatives aimed at solidifying its market leadership in IT solutions for SMBs. The company's focus on personalized service and strategic technology utilization positions it well to capitalize on this new phase of growth, potentially through enhanced service delivery platforms, advanced cybersecurity solutions, or broader market outreach. This strategic financing is a testament to the company's proven business model and its potential for continued success in the dynamic IT services landscape.

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Frequently Asked Questions Regarding Micro Medic Financial Insights

What are the most recent funding rounds that Micro Medic has completed, and what were the funding rounds?
Micro Medic has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Micro Medic has raised to date?
Micro Medic has raised a total of $115K in funding to date.
How many funding rounds has Micro Medic completed?
Micro Medic has completed 1 funding rounds.
How much funding did Micro Medic raise in its most recent funding round?
Micro Medic raised $115K in its most recent funding round.
Who are the lead investors in Micro Medic's latest funding round?
The lead investor in Micro Medic'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 Micro Medic's history?
The largest funding round in Micro Medic's history was $115K.
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