How Much Did Modern Managed IT Raise?
Funding & Key Investors

Modern Managed IT has secured significant enterprise-level capital, with its total funding reaching $1M. The company recently announced a major strategic investment, underscoring its growth trajectory and market potential. This latest financing round, amounting to $1M, is poised to accelerate Modern Managed IT's expansion and service offerings.

What is Modern Managed IT?

Modern Managed IT
Business ServicesSoftware Testing

Headquartered in San Antonio, TX, Modern Managed IT specializes in providing comprehensive IT expertise and services tailored for small businesses. The company aims to deliver the capabilities of an in-house IT department without the associated overhead of full-time hires. Founded by seasoned professionals with extensive experience in both major tech firms and small business operations, Modern Managed IT distinguishes itself through its commitment to client-centric service. Key offerings include no long-term contracts, transparent fixed pricing for all services, employment of certified, non-franchise personnel, direct access to dedicated customer teams, and a money-back guarantee, ensuring a high level of trust and reliability for its clientele.

How much funding has Modern Managed IT raised?

Modern Managed IT has raised a total of $1M across 1 funding round:

2020

Unspecified

$1M

Unspecified (2020): $1M with participation from 186k Ventures and The Geekdom Fund L.P

Key Investors in Modern Managed IT

186k Ventures

186k Ventures is an investment firm that likely focuses on early-stage or growth-stage companies, providing capital and strategic guidance to foster expansion.

The Geekdom Fund L.P

The Geekdom Fund L.P. appears to be a venture capital fund with a focus on technology and innovation, potentially supporting startups and scalable tech businesses.

What's next for Modern Managed IT?

The recent strategic investment signals a pivotal phase for Modern Managed IT, likely enabling the company to scale its operations, enhance its service portfolio, and potentially expand its geographic reach. This capital infusion is expected to bolster its competitive edge in the managed IT services sector, particularly for small businesses seeking cost-effective and robust IT solutions. Future developments may include advancements in service delivery technology, further team expansion, and strategic partnerships to broaden market penetration.

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Frequently Asked Questions Regarding Modern Managed IT Financial Insights

What are the most recent funding rounds that Modern Managed IT has completed, and what were the funding rounds?
Modern Managed IT has recently completed 1 funding rounds: Unspecified on Dec 11, 2020.
What is the total amount of funding Modern Managed IT has raised to date?
Modern Managed IT has raised a total of $1M in funding to date.
How many funding rounds has Modern Managed IT completed?
Modern Managed IT has completed 1 funding rounds.
How much funding did Modern Managed IT raise in its most recent funding round?
Modern Managed IT raised $1M in its most recent funding round.
Who are the lead investors in Modern Managed IT's latest funding round?
The lead investor in Modern Managed IT's latest funding round was 186k Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Modern Managed IT's history?
The largest funding round in Modern Managed IT's history was $1M.
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