How Much Did outsourceIT Raise?
Funding & Key Investors

OutsourceIT has secured significant capital, with total funding reaching $425K following a recent strategic investment of $275K. This latest financing round underscores the company's established presence and growth trajectory in the competitive IT services sector.

What is outsourceIT?

outsourceIT
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OutsourceIT is a provider of comprehensive IT support services, operating across Washington DC, Maryland, Virginia, and North Carolina. The company specializes in aligning technology solutions with the specific missions of its clients. Their service portfolio includes managed IT services, VoIP, data backup, and cloud services, all delivered with an emphasis on rapid response times and strategic consultation. OutsourceIT focuses on delivering modern, flexible IT solutions and facilitating cloud migration strategies to ensure clients can maximize their technology investments and adapt to evolving technological landscapes.

How much funding has outsourceIT raised?

outsourceIT has raised a total of $425K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$275K

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

Debt (2021): $275K led by PPP

What's next for outsourceIT?

The substantial backing, indicated by the $425K in total funding and the recent $275K strategic investment, positions OutsourceIT for significant expansion and service enhancement. This capital infusion is likely to fuel advancements in their managed IT services, cloud offerings, and potentially broaden their geographic reach. The company's focus on strategic consultation and client success suggests a continued emphasis on deepening client relationships and developing innovative solutions to meet the dynamic needs of businesses in their service areas.

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Frequently Asked Questions Regarding outsourceIT Financial Insights

What are the most recent funding rounds that outsourceIT has completed, and what were the funding rounds?
outsourceIT has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 15, 2020.
What is the total amount of funding outsourceIT has raised to date?
outsourceIT has raised a total of $425K in funding to date.
How many funding rounds has outsourceIT completed?
outsourceIT has completed 2 funding rounds.
How much funding did outsourceIT raise in its most recent funding round?
outsourceIT raised $275K in its most recent funding round.
Who are the lead investors in outsourceIT's latest funding round?
The lead investor in outsourceIT'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 outsourceIT's history?
The largest funding round in outsourceIT's history was $275K.
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