How Much Did Phoenix Data Raise?
Funding & Key Investors

Phoenix Data has secured significant enterprise-level funding, with its total capital raised standing at $999K. The company recently announced a major strategic investment of $649K, underscoring its continued growth and market presence. This latest financing round follows previous debt financing rounds, indicating a strategic shift or expansion in its capital structure.

What is Phoenix Data?

Phoenix Data
Business ServicesSoftware TestingDocument Management

Phoenix Data Corporation is a provider of technical solutions and expertise across the Military, Government, Healthcare, and Commercial sectors. The company's comprehensive service offerings include records modernization, data center and cloud hosting, healthcare services, engineering, IT services, and training. Phoenix Data is distinguished by its dedication to data security and compliance, delivering high-quality management solutions precisely tailored to meet diverse client requirements. Their operational philosophy centers on adaptability and productivity, aiming to empower organizations to achieve enhanced efficiency and profitability.

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

PPP

Public-Private Partnership

What's next for Phoenix Data?

The recent major strategic investment suggests Phoenix Data is poised for significant expansion or the pursuit of new strategic initiatives. Given the enterprise-level nature of its total funding, the company is likely in a scaling or mature growth phase, potentially focusing on market penetration, technological advancement, or strategic acquisitions. This capital infusion will likely fuel further development of its core services, particularly in areas like cloud hosting and data modernization, while reinforcing its commitment to serving critical sectors such as defense and healthcare. The company's focus on adaptability and productivity indicates a forward-looking strategy to maintain a competitive edge in a dynamic technological 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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