How Much Did Proficium Raise?
Funding & Key Investors

Proficium, a distribution company specializing in copper and fiber optic patch cords and power cords, has secured significant capital, with its total funding reaching $150K. The company recently announced a major strategic investment of $150K, underscoring its established position in the market. This latest financing round signifies a critical juncture for Proficium as it continues to scale its operations and enhance its service-oriented approach to the IT infrastructure sector.

What is Proficium?

Proficium
RetailOffice Products Retail & Distribution

Founded in 2003, Proficium has carved a niche in the distribution of essential IT connectivity products, including copper and fiber optic patch cords and power cords. The company prides itself on delivering an exceptional customer experience, with its growth primarily driven by word-of-mouth referrals. Often referred to as "The ER for IT professionals," Proficium is trusted by its clientele to provide rapid and effective solutions, understanding the stringent time and budget constraints faced by data centers and networking industries. Their commitment to "unbeatable delivery times, service and support," coupled with meticulous attention to detail and high-quality, individually tested products, positions them as a reliable partner for achieving business objectives. Proficium's diverse product inventory and competitive pricing ensure they meet demanding expectations across various budgets.

How much funding has Proficium raised?

Proficium has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Proficium?

With the recent influx of capital from a major strategic investment, Proficium is poised for accelerated growth and enhanced service delivery. This large-scale, late-stage funding suggests a focus on expanding market reach, potentially through increased inventory, broader distribution networks, or technological advancements in their product offerings. The company's established reputation for speed and reliability in the IT distribution space, particularly for critical components like patch cords, positions it well to capitalize on the ongoing demand for robust data center and networking infrastructure. Future strategic initiatives will likely center on solidifying its market leadership and continuing to provide the "unbeatable delivery times, service and support" that have become its hallmark.

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Frequently Asked Questions Regarding Proficium Financial Insights

What are the most recent funding rounds that Proficium has completed, and what were the funding rounds?
Proficium has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding Proficium has raised to date?
Proficium has raised a total of $150K in funding to date.
How many funding rounds has Proficium completed?
Proficium has completed 1 funding rounds.
How much funding did Proficium raise in its most recent funding round?
Proficium raised $150K in its most recent funding round.
Who are the lead investors in Proficium's latest funding round?
The lead investor in Proficium'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 Proficium's history?
The largest funding round in Proficium's history was $150K.
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