How Much Did Microfacs Raise?
Funding & Key Investors

Microfacs, a leader in professional image and document conversion services, has secured $57K in recent expansion capital, contributing to a total funding amount of $57K. This strategic financing round underscores the company's established position in the market and its ongoing growth trajectory.

What is Microfacs?

Microfacs
Business ServicesSoftware TestingDocument Management

Microfacs, Inc. specializes in professional image and document conversion services, offering solutions to digitize microfilm, microfiche, aperture cards, and paper into searchable digital formats. With over 35 years of experience, they serve a diverse range of clients including government agencies, insurance companies, educational institutions, and financial organizations. Their services include high-quality scanning, indexing, and secure handling, ensuring efficient and reliable document management. Based in Minneapolis, Minnesota, Microfacs is recognized as a leader in the document digitization industry, having successfully scanned over 1.5 billion images.

How much funding has Microfacs raised?

Microfacs has raised a total of $57K across 1 funding round:

2021

Debt

$57K

Debt (2021): $57K with participation from PPP

Key Investors in Microfacs

PPP

Public-Private Partnership

What's next for Microfacs?

Operating at a significant Series B/C stage, Microfacs is poised for substantial expansion following its recent capital infusion. The company's focus on digitizing legacy documents and providing searchable digital formats aligns with the increasing demand for efficient data management across various sectors. This investment will likely fuel further technological advancements in their conversion processes, enhance their service offerings, and potentially expand their market reach, solidifying their leadership in the document digitization industry.

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Frequently Asked Questions Regarding Microfacs Financial Insights

What are the most recent funding rounds that Microfacs has completed, and what were the funding rounds?
Microfacs has recently completed 1 funding rounds: Debt on Feb 20, 2021.
What is the total amount of funding Microfacs has raised to date?
Microfacs has raised a total of $57K in funding to date.
How many funding rounds has Microfacs completed?
Microfacs has completed 1 funding rounds.
How much funding did Microfacs raise in its most recent funding round?
Microfacs raised $57K in its most recent funding round.
Who are the lead investors in Microfacs's latest funding round?
The lead investor in Microfacs'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 Microfacs's history?
The largest funding round in Microfacs's history was $57K.
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