What is Ongoing Operations?
Ongoing Operations is a specialized provider of customized IT solutions tailored for credit unions. The company offers a comprehensive suite of services including managed disaster recovery, robust security measures, cloud hosting, and telecommunications. Their expertise extends to consulting, strategic planning, information security, compliance, and business continuity planning, positioning them as a vital partner for financial institutions seeking to optimize operations and enhance member service through secure and efficient technology infrastructure.
How much funding has Ongoing Operations raised?
Ongoing Operations has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Ongoing Operations
PPP
Public-Private Partnership
What's next for Ongoing Operations?
With a history of substantial capital infusion, Ongoing Operations is poised for significant growth and further development within the credit union technology sector. The recent strategic investment signals confidence from backers in the company's business model and its capacity to scale its offerings. Future initiatives are likely to focus on expanding service capabilities, deepening market penetration, and potentially exploring new technological avenues to further support the evolving needs of credit unions in areas such as cybersecurity and digital transformation.
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