How Much Did Prevare Raise?
Funding & Key Investors

Prevare, an information technology services provider, has secured $78K in total funding, with a recent capital infusion of $78K designated for substantial expansion. This latest financing round, occurring on February 3, 2021, signifies a critical growth phase for the company, likely aligning with a Series B or C stage of development. The company's strategic objective is to leverage this investment to enhance its IT outsourcing, consulting, network security, and internet and telephone services.

What is Prevare?

Prevare
Business ServicesSoftware Testing

Prevare LLC operates within the information technology services sector, focusing on delivering cost-effective solutions designed to boost business productivity and efficiency. The company specializes in IT outsourcing, comprehensive consulting, robust network security, and integrated internet and telephone services. With a team of seasoned IT professionals, Prevare is dedicated to providing high-quality support and pioneering technology solutions tailored to the diverse needs of various industries. Their core mission is to enable clients to concentrate on their primary business operations by entrusting their IT infrastructure and management to Prevare's expertise.

How much funding has Prevare raised?

Prevare has raised a total of $78K across 1 funding round:

2021

Debt

$78K

Debt (2021): $78K with participation from PPP

Key Investors in Prevare

PPP

Public-Private Partnership

What's next for Prevare?

The substantial expansion capital recently acquired positions Prevare for significant scaling and market penetration. This investment is expected to fuel advancements in their service offerings, potentially including enhanced cybersecurity protocols and more sophisticated IT infrastructure management tools. The company's strategic focus on cost-effectiveness and efficiency, coupled with its commitment to high-quality support, suggests a trajectory aimed at capturing a larger share of the IT outsourcing and managed services market. Future developments will likely involve expanding their client base and potentially exploring new technological frontiers to maintain a competitive edge.

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Frequently Asked Questions Regarding Prevare Financial Insights

What are the most recent funding rounds that Prevare has completed, and what were the funding rounds?
Prevare has recently completed 1 funding rounds: Debt on Feb 3, 2021.
What is the total amount of funding Prevare has raised to date?
Prevare has raised a total of $78K in funding to date.
How many funding rounds has Prevare completed?
Prevare has completed 1 funding rounds.
How much funding did Prevare raise in its most recent funding round?
Prevare raised $78K in its most recent funding round.
Who are the lead investors in Prevare's latest funding round?
The lead investor in Prevare'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 Prevare's history?
The largest funding round in Prevare's history was $78K.
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