What is Powerlab?
Powerlab Inc. operates within the Custom Software & IT Services industry, a dynamic sector requiring continuous innovation and adaptability. With a workforce of 50 to 99 employees and an estimated revenue between $10 million and $25 million, Powerlab is positioned as a key player in its market. Headquartered in Heath, Texas, the company leverages its expertise to deliver specialized software solutions and IT services, catering to a diverse client base that relies on bespoke technological capabilities.
How much funding has Powerlab raised?
Powerlab has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$754K
Debt (2020): $350K with participation from PPP
Debt (2021): $754K led by PPP
Key Investors in Powerlab
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Powerlab?
The recent major strategic investment signals a new phase of expansion and development for Powerlab. This capital infusion is likely to fuel advancements in product offerings, enhance service delivery capabilities, and potentially broaden market reach. As Powerlab continues to navigate the competitive Custom Software & IT Services landscape, this strategic backing will be instrumental in solidifying its market position and pursuing future growth opportunities. The company's trajectory suggests a focus on scaling operations and deepening its technological expertise.
See full Powerlab company page
