How Much Did operateIT Raise?
Funding & Key Investors

operateIT, a technology services company focused on the kitchen and bath industry, has secured $60K in total financing, with a recent capital infusion of $60K to fuel substantial expansion. This latest round of investment underscores the company's strategic growth phase, positioning it for further development in its specialized market.

What is operateIT?

operateIT
SoftwareEnterprise Resource Planning (ERP)

Based in Long Island, NY, operateIT provides a cloud-based application suite, CompuTool Connect, tailored for kitchen and bath businesses. This comprehensive system streamlines operations from initial inquiry to final order, integrating with third-party tools like 20-20 and Quickbooks. The platform also features vendor catalogs for easy product specification and pricing. The company is led by CEO Keith Tobias, a veteran in trade software solutions, and supported by Ken Peterson CKD as Chairman of the Board and strategic consultant.

How much funding has operateIT raised?

operateIT has raised a total of $60K across 1 funding round:

2021

Debt

$60K

Debt (2021): $60K with participation from PPP

Key Investors in operateIT

PPP

Public-Private Partnership

What's next for operateIT?

With significant Series B/C stage funding, operateIT is poised for accelerated growth and market penetration. The recent capital injection is expected to drive enhancements to its CompuTool Connect suite, potentially expanding its integration capabilities and vendor catalog offerings. Further development of its White Glove Implementation Services and training programs will likely support broader adoption among kitchen and bath dealers and designers, solidifying its position as an essential operating system for the industry.

See full operateIT company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Multimedia, Games & Graphics SoftwareSoftwareBusiness ServicesSoftware TestingMobile App Development
Business Intelligence (BI) SoftwareSoftwareMobile App Development
Engineering SoftwareSoftware
Enterprise Resource Planning (ERP)SoftwareEngineering Software

Frequently Asked Questions Regarding operateIT Financial Insights

What are the most recent funding rounds that operateIT has completed, and what were the funding rounds?
operateIT has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding operateIT has raised to date?
operateIT has raised a total of $60K in funding to date.
How many funding rounds has operateIT completed?
operateIT has completed 1 funding rounds.
How much funding did operateIT raise in its most recent funding round?
operateIT raised $60K in its most recent funding round.
Who are the lead investors in operateIT's latest funding round?
The lead investor in operateIT'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 operateIT's history?
The largest funding round in operateIT's history was $60K.
See more information about operateIT