How Much Did Phoenix Data Raise?
Funding & Key Investors

Phoenix Data has successfully secured a significant capital injection, bringing its total funding to $999K. This latest infusion of $649K represents a major strategic investment aimed at bolstering the company's operational capacity and expanding its footprint within the high-stakes enterprise services sector. By leveraging this recent financing, the organization is well-positioned to accelerate its growth trajectory and enhance its service delivery models across its core operational verticals.

What is Phoenix Data?

Phoenix Data
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Phoenix Data Corporation operates as a multifaceted provider of technical solutions, catering to a diverse clientele spanning the military, government, healthcare, and commercial sectors. The firm distinguishes itself through a comprehensive suite of services, including records modernization, data center and cloud hosting, engineering, and specialized workforce development. By prioritizing data security and regulatory compliance, Phoenix Data has established a robust market position as a reliable partner for organizations seeking to optimize efficiency and profitability through sophisticated IT management and infrastructure modernization.

How much funding has Phoenix Data raised?

Phoenix Data has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$649K

Debt (2020): $350K with participation from PPP

Debt (2021): $649K led by PPP

Key Investors in Phoenix Data

PPP

Public-Private Partnership

What's next for Phoenix Data?

With this major strategic investment, Phoenix Data is poised to scale its enterprise-level operations, likely focusing on the integration of advanced cloud architectures and the expansion of its government contracting portfolio. The company's roadmap suggests a continued emphasis on high-compliance environments, where the demand for secure, scalable data management remains critical. As the firm navigates its current lifecycle stage, the focus will shift toward deepening its technical expertise and broadening its service offerings to meet the evolving requirements of its institutional partners, ensuring long-term sustainability and competitive advantage in the global IT services landscape.

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Frequently Asked Questions Regarding Phoenix Data Financial Insights

What are the most recent funding rounds that Phoenix Data has completed, and what were the funding rounds?
Phoenix Data has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Phoenix Data has raised to date?
Phoenix Data has raised a total of $1M in funding to date.
How many funding rounds has Phoenix Data completed?
Phoenix Data has completed 2 funding rounds.
How much funding did Phoenix Data raise in its most recent funding round?
Phoenix Data raised $649K in its most recent funding round.
Who are the lead investors in Phoenix Data's latest funding round?
The lead investor in Phoenix Data'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 Phoenix Data's history?
The largest funding round in Phoenix Data's history was $649K.
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