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 $150K in total capital. The company recently announced a major strategic investment, bringing in $150K in new financing. This latest round of funding underscores Proficium's established market presence and its strategic importance within the IT infrastructure supply chain.

What is Proficium?

Proficium
RetailOffice Products Retail & Distribution

Founded in 2003, Proficium has carved a niche in the distribution of essential IT connectivity hardware, 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, earning it the moniker "The ER for IT professionals." Proficium's operational philosophy centers on understanding and meeting 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 product assemblies, positions them as a reliable partner for achieving client objectives. The company's diverse product inventory and competitive pricing, sourced both locally and globally, cater to demanding performance expectations and budget requirements.

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 $150K as part of a large-scale, late-stage funding initiative, Proficium is poised for significant expansion and strategic development. This substantial capital injection, contributing to the overall $150K, suggests a focus on scaling operations, enhancing product lines, and potentially expanding market reach. The 'major strategic investment' context indicates that Proficium may be looking to solidify its position in the competitive IT distribution landscape, possibly through technological advancements, increased inventory capacity, or strategic partnerships. The company's established reputation for rapid delivery and reliable service is likely to be a key factor in leveraging this new financing to further solidify its market leadership and meet the evolving demands of the data center and networking sectors.

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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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