How Much Did Practical Computer Applications Raise?
Funding & Key Investors

Practical Computer Applications has secured significant enterprise-level funding, with a recent strategic investment adding to its total capital raised of $744K. The latest funding round, which occurred on January 22, 2021, signifies a major strategic investment aimed at bolstering the company's growth and market position in the custom software and data services sector.

The company's financial trajectory, marked by previous debt financing rounds totaling $744K, indicates a consistent need for capital to fuel its expansion and operational capabilities. This latest infusion of capital is expected to accelerate its development and service offerings.

What is Practical Computer Applications?

Practical Computer Applications
Business ServicesSoftware Testing

Practical Computer Applications operates as a specialized provider of custom software and data services, catering to a diverse range of industries including financial services, healthcare, manufacturing, insurance, and energy. Their expertise spans the development of web and desktop applications, mobile solutions, blockchain technologies, and business intelligence analytics. The company is particularly adept at custom database development, SQL server optimization, and the integration of advanced AI technologies, such as ChatGPT, into client applications. Serving both Fortune 500 corporations and emerging startups, Practical Computer Applications is committed to delivering bespoke solutions designed to address specific business challenges and drive operational efficiency.

How much funding has Practical Computer Applications raised?

Practical Computer Applications has raised a total of $744K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$394K

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

Debt (2021): $394K led by PPP

Key Investors in Practical Computer Applications

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Practical Computer Applications?

With the recent major strategic investment, Practical Computer Applications is poised for accelerated growth and innovation. The company is likely to leverage this capital to enhance its AI integration capabilities, expand its service portfolio in areas like blockchain and business intelligence, and potentially broaden its market reach. The enterprise-level funding suggests a focus on scaling operations, acquiring new talent, and solidifying its position as a leading provider of tailored software solutions. Future developments may include strategic partnerships or further technological advancements to maintain a competitive edge in the rapidly evolving tech landscape.

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Frequently Asked Questions Regarding Practical Computer Applications Financial Insights

What are the most recent funding rounds that Practical Computer Applications has completed, and what were the funding rounds?
Practical Computer Applications has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Practical Computer Applications has raised to date?
Practical Computer Applications has raised a total of $744K in funding to date.
How many funding rounds has Practical Computer Applications completed?
Practical Computer Applications has completed 2 funding rounds.
How much funding did Practical Computer Applications raise in its most recent funding round?
Practical Computer Applications raised $394K in its most recent funding round.
Who are the lead investors in Practical Computer Applications's latest funding round?
The lead investor in Practical Computer Applications'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 Practical Computer Applications's history?
The largest funding round in Practical Computer Applications's history was $394K.
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