How Much Did Universal Technology Raise?
Funding & Key Investors

Universal Technology has secured $4M in total capital, with its most recent funding round bringing in $2M through a major strategic investment on March 20, 2021. This significant financial backing underscores the company's established presence and strategic importance in its market.

What is Universal Technology?

Universal Technology
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Universal Technology operates with a core mission to maintain a synergistic line card specifically tailored for the New England marketplace. This strategic focus enables the company to deliver an outstanding level of service to both its principals and its diverse customer base, positioning it as a key player in its regional sector.

How much funding has Universal Technology raised?

Universal Technology has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

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

Debt (2021): $2M led by PPP

Key Investors in Universal Technology

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Universal Technology?

The recent major strategic investment suggests Universal Technology is poised for significant expansion or further integration within its established market. This capital infusion, following previous debt financing rounds, indicates a transition towards growth-oriented strategies. The company is likely to leverage this backing to enhance its service offerings, broaden its principal partnerships, and solidify its competitive advantage in the New England technology distribution landscape.

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Frequently Asked Questions Regarding Universal Technology Financial Insights

What are the most recent funding rounds that Universal Technology has completed, and what were the funding rounds?
Universal Technology has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Universal Technology has raised to date?
Universal Technology has raised a total of $4M in funding to date.
How many funding rounds has Universal Technology completed?
Universal Technology has completed 2 funding rounds.
How much funding did Universal Technology raise in its most recent funding round?
Universal Technology raised $2M in its most recent funding round.
Who are the lead investors in Universal Technology's latest funding round?
The lead investor in Universal Technology'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 Universal Technology's history?
The largest funding round in Universal Technology's history was $2M.
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