What is Preferred Data?
Headquartered in High Point, North Carolina, Preferred Data Corporation has functioned as a cornerstone of the regional IT sector since 1987. The organization specializes in delivering high-impact manufacturing-focused IT services, advanced AI-driven solutions, and comprehensive cybersecurity protocols. By catering specifically to the furniture, textile, and construction industries, the company has cultivated a reputation for enhancing operational efficiency through its proprietary PDC Software Suite. With over 37 years of operational experience, Preferred Data serves as a critical technology partner, bridging the gap between legacy industrial processes and modern digital transformation requirements.
How much funding has Preferred Data raised?
Preferred Data has raised a total of $1.2M across 2 funding rounds:
Debt
$1M
Debt
$150K
Debt (2025): $1M with participation from Live Oak Bank
Debt (2025): $150K led by WSFS Bank
Key Investors in Preferred Data
Live Oak Bank
A specialized financial institution known for providing lending solutions to small businesses and professional services firms across the United States.
WSFS Bank
A prominent regional financial services company offering a broad range of commercial banking and wealth management solutions to corporate clients.
What's next for Preferred Data?
The recent infusion of capital is expected to accelerate the deployment of the company's next-generation managed IT services and bolster its cybersecurity framework. As Preferred Data moves into this new phase of growth, the focus will likely remain on deepening its penetration within the North Carolina manufacturing sector while potentially expanding its AI-integrated service offerings. By leveraging this financial backing, the firm is well-positioned to maintain its trajectory of delivering measurable business outcomes, ensuring that its industrial clientele remains competitive in an increasingly digitized global market.
See full Preferred Data company page
