How Much Did PracticalTek Raise?
Funding & Key Investors

PracticalTek has secured $126K in total capital, with its most recent financing round bringing in $126K. This significant strategic investment underscores the company's established position in the ERP services sector and its trajectory towards further expansion.

What is PracticalTek?

PracticalTek
Business ServicesSoftware TestingProject Management

PracticalTek stands as a premier independent provider of Epicor ERP services, offering specialized expertise in implementation, customization, training, and support across various Epicor versions, including Kinetic, 10, 9, and Vantage. With over 15 years of dedicated experience, the company crafts bespoke solutions designed to optimize ERP systems for businesses operating in diverse industries such as manufacturing, medical equipment, and automotive. Their comprehensive service portfolio encompasses project management, system administration, and development, ensuring clients receive end-to-end support throughout their software's lifecycle. PracticalTek's commitment to delivering high-caliber, personalized training and consulting is central to its mission of enhancing operational efficiency for its clientele.

How much funding has PracticalTek raised?

PracticalTek has raised a total of $126K across 1 funding round:

2021

Debt

$126K

Debt (2021): $126K with participation from PPP

What's next for PracticalTek?

The substantial late-stage funding context suggests PracticalTek is poised for significant scaling and market penetration. This capital infusion is likely to fuel strategic initiatives, potentially including the expansion of service offerings, enhancement of technological capabilities, and broader market outreach. The company's focus on specialized Epicor ERP services positions it to capitalize on the ongoing demand for robust enterprise resource planning solutions, particularly within its core industry verticals. Future growth may involve strategic partnerships or acquisitions to further solidify its market leadership and extend its competitive advantage.

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Frequently Asked Questions Regarding PracticalTek Financial Insights

What are the most recent funding rounds that PracticalTek has completed, and what were the funding rounds?
PracticalTek has recently completed 1 funding rounds: Debt on Feb 8, 2021.
What is the total amount of funding PracticalTek has raised to date?
PracticalTek has raised a total of $126K in funding to date.
How many funding rounds has PracticalTek completed?
PracticalTek has completed 1 funding rounds.
How much funding did PracticalTek raise in its most recent funding round?
PracticalTek raised $126K in its most recent funding round.
Who are the lead investors in PracticalTek's latest funding round?
The lead investor in PracticalTek'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 PracticalTek's history?
The largest funding round in PracticalTek's history was $126K.
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