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How Much Did North Light IT Raise?
Funding & Key Investors

North Light IT has secured $316K in total capital, with its most recent financing round bringing in $166K. This major strategic investment underscores the company's established position in the IT services sector, particularly for small firms navigating complex technological landscapes.

The company's funding history, which includes debt financing, indicates a steady growth trajectory and a commitment to operational expansion.

What is North Light IT?

North Light IT
Business ServicesSoftware Testing

North Light IT specializes in providing comprehensive IT support solutions for small firms grappling with unreliable technology, escalating cybersecurity risks, and stringent compliance uncertainties. Their service portfolio encompasses fully managed IT support, on-demand IT solutions, robust security compliance, and strategic IT guidance. By acting as an extension of their clients' internal teams, North Light IT focuses on delivering proactive solutions and responsive support, enabling businesses to operate efficiently without technological hindrances.

How much funding has North Light IT raised?

North Light IT has raised a total of $316K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$166K

Debt (2020): $150K with participation from PPP

Debt (2021): $166K led by PPP

Key Investors in North Light IT

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for North Light IT?

With the recent strategic investment, North Light IT is poised for significant expansion, likely focusing on enhancing its service offerings and broadening its market reach. The company's emphasis on cybersecurity and compliance positions it well to capitalize on the growing demand for secure and reliable IT infrastructure among small and medium-sized businesses. Future growth may involve scaling its managed services division and potentially developing new technological solutions to address evolving client needs in a dynamic digital environment.

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Frequently Asked Questions Regarding North Light IT Financial Insights

What are the most recent funding rounds that North Light IT has completed, and what were the funding rounds?
North Light IT has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 15, 2020. What is the total amount of funding North Light IT has raised to date?
North Light IT has raised a total of $316K in funding to date. How many funding rounds has North Light IT completed?
North Light IT has completed 2 funding rounds. How much funding did North Light IT raise in its most recent funding round?
North Light IT raised $166K in its most recent funding round. Who are the lead investors in North Light IT's latest funding round?
The lead investor in North Light IT'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 North Light IT's history?
The largest funding round in North Light IT's history was $166K.
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