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How Much Did OpenArc Raise?
Funding & Key Investors

OpenArc has secured $2.9M in total capital, with its most recent financing round yielding $1.9M. This major strategic investment underscores the company's significant traction and potential within its market sector. The context of this enterprise-level funding suggests OpenArc is poised for substantial scaling and further development of its innovative solutions.

What is OpenArc?

OpenArc
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

OpenArc is a custom software development and technical staffing firm headquartered in Pittsburgh. The company is dedicated to delivering innovative solutions and exceptional results by specializing in building bespoke software products and providing essential staffing and recruiting services. OpenArc's operational ethos is driven by a profound passion for both people and technology, with the overarching goal of unlocking the full potential of its diverse clientele. They cater to a broad spectrum of clients seeking tailored software development and highly skilled technical personnel.

How much funding has OpenArc raised?

OpenArc has raised a total of $2.9M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.9M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.9M led by PPP

What's next for OpenArc?

The substantial enterprise-level funding and recent strategic investment indicate OpenArc is entering a critical growth phase. This capital infusion is likely to fuel expansion initiatives, potentially including the enhancement of their custom software development capabilities and the broadening of their technical staffing reach. Strategic partnerships and further technological innovation are anticipated as OpenArc leverages this financial backing to solidify its market position and pursue new opportunities in the dynamic tech landscape.

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Frequently Asked Questions Regarding OpenArc Financial Insights

What are the most recent funding rounds that OpenArc has completed, and what were the funding rounds?
OpenArc has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 11, 2020. What is the total amount of funding OpenArc has raised to date?
OpenArc has raised a total of $2.9M in funding to date. How many funding rounds has OpenArc completed?
OpenArc has completed 2 funding rounds. How much funding did OpenArc raise in its most recent funding round?
OpenArc raised $1.9M in its most recent funding round. Who are the lead investors in OpenArc's latest funding round?
The lead investor in OpenArc'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 OpenArc's history?
The largest funding round in OpenArc's history was $1.9M.
See more information about OpenArc

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