How Much Did PracticalTek Raise?
Funding & Key Investors

PracticalTek has solidified its market position through a significant capital infusion, securing a total funding amount of $126K. This latest major strategic investment of $126K underscores the firm's robust trajectory within the enterprise resource planning ecosystem. By leveraging this financial backing, the company is well-positioned to accelerate its service delivery capabilities and expand its footprint in the competitive landscape of specialized ERP consulting and implementation.

What is PracticalTek?

PracticalTek
Business ServicesSoftware TestingProject Management

PracticalTek operates as a premier independent provider of Epicor ERP services, offering a comprehensive suite of solutions that span the entire software lifecycle. With over 15 years of deep-domain expertise, the firm specializes in the implementation, customization, and ongoing support of platforms such as Kinetic, 10, 9, and Vantage. Their service model is uniquely tailored to address the complex operational requirements of sectors including manufacturing, medical equipment, and automotive. By integrating project management with technical system administration, PracticalTek enables organizations to maximize their software investments and drive measurable operational efficiency. The company serves as a critical partner for businesses seeking to optimize their digital infrastructure through personalized training and high-touch consulting engagements.

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

Key Investors in PracticalTek

PPP

Public-Private Partnership

What's next for PracticalTek?

With the recent influx of capital, PracticalTek is poised to scale its service infrastructure to meet the growing demand for sophisticated ERP optimization. The strategic roadmap likely involves deepening its technical bench to support more complex Kinetic deployments and expanding its consulting reach into new industrial verticals. As the firm transitions through this late-stage growth phase, the focus will remain on maintaining high-quality delivery standards while potentially exploring automated service tools to enhance client outcomes. This investment provides the necessary runway to solidify their reputation as a leader in the Epicor ecosystem, ensuring they remain at the forefront of enterprise software support and business process transformation.

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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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