How Much Did OhioNET Raise?
Funding & Key Investors

OhioNET has secured $150K in total funding, with its most recent capital infusion of $150K identified as a major strategic investment. This significant backing underscores the organization's established presence and its ongoing importance within its operational domain.

What is OhioNET?

OhioNET
HospitalityLibrariesMembership Organizations

OhioNET is a member-funded, private, non-profit corporation that serves as a vital library membership organization. Its reach extends across academic, public, school, and special libraries located in Ohio, West Virginia, and western Pennsylvania. The organization plays a crucial role in fostering collaboration and resource sharing among these diverse library institutions, contributing to the advancement of information access and services in the region.

How much funding has OhioNET raised?

OhioNET has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in OhioNET

PPP

Public-Private Partnership

What's next for OhioNET?

The recent strategic investment, contextualized within OhioNET's large-scale late-stage funding, suggests a period of significant operational expansion or enhancement. This capital infusion is likely to be directed towards strengthening its infrastructure, expanding its service offerings to member libraries, or potentially exploring new technological integrations to better serve its constituents. The focus on strategic backing indicates a forward-looking approach, aiming to solidify OhioNET's position as a key resource hub for libraries in its tri-state service area and beyond.

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Frequently Asked Questions Regarding OhioNET Financial Insights

What are the most recent funding rounds that OhioNET has completed, and what were the funding rounds?
OhioNET has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding OhioNET has raised to date?
OhioNET has raised a total of $150K in funding to date.
How many funding rounds has OhioNET completed?
OhioNET has completed 1 funding rounds.
How much funding did OhioNET raise in its most recent funding round?
OhioNET raised $150K in its most recent funding round.
Who are the lead investors in OhioNET's latest funding round?
The lead investor in OhioNET'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 OhioNET's history?
The largest funding round in OhioNET's history was $150K.
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