How Much Did Phoenix Data Systems Raise?
Funding & Key Investors

Phoenix Data Systems, a long-standing provider of CMMS software, has secured $350K in a major strategic investment, contributing to its $350K in total capital raised. This significant financing round underscores the company's established position in the healthcare technology sector and its ongoing commitment to innovation in asset management solutions.

What is Phoenix Data Systems?

Phoenix Data Systems
SoftwareEnterprise Resource Planning (ERP)Healthcare Software

Founded in 1981 and headquartered in the Detroit area, Phoenix Data Systems is a recognized leader in Computerized Maintenance Management Software (CMMS). Its flagship product, AIMS (Asset Information Management System), is a critical tool for tens of thousands of healthcare technology management (HTM) professionals globally. Originally developed to address the urgent need for computerized work order systems in hospitals, AIMS has evolved significantly over decades, now supporting over eight million pieces of equipment in 3,000 hospitals across 20 countries. The company's latest platform, AIMS 3, represents its continued dedication to enhancing software capabilities through close collaboration with its customer base, evidenced by 37 previous annual AIMS User Group Conferences.

How much funding has Phoenix Data Systems raised?

Phoenix Data Systems has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Phoenix Data Systems

PPP

Public-Private Partnership

What's next for Phoenix Data Systems?

With the recent influx of capital from a major strategic investment, Phoenix Data Systems is poised for continued expansion and enhancement of its AIMS platform. The company's late-stage funding context suggests a focus on scaling operations, potentially exploring new market segments, or further developing advanced features for its healthcare software solutions. This strategic backing will likely enable Phoenix Data Systems to solidify its market leadership and continue its legacy of providing robust equipment maintenance solutions and support to the global healthcare industry.

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Frequently Asked Questions Regarding Phoenix Data Systems Financial Insights

What are the most recent funding rounds that Phoenix Data Systems has completed, and what were the funding rounds?
Phoenix Data Systems has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Phoenix Data Systems has raised to date?
Phoenix Data Systems has raised a total of $350K in funding to date.
How many funding rounds has Phoenix Data Systems completed?
Phoenix Data Systems has completed 1 funding rounds.
How much funding did Phoenix Data Systems raise in its most recent funding round?
Phoenix Data Systems raised $350K in its most recent funding round.
Who are the lead investors in Phoenix Data Systems's latest funding round?
The lead investor in Phoenix Data Systems'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 Systems's history?
The largest funding round in Phoenix Data Systems's history was $350K.
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