How Much Did Progressive Computing Raise?
Funding & Key Investors

Progressive Computing has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant strategic investment underscores the company's established position in the IT solutions sector and its trajectory within the competitive managed services landscape. The company's ability to attract substantial backing highlights its perceived value and future growth potential in a market driven by digital transformation and robust cybersecurity needs.

What is Progressive Computing?

Progressive Computing
Business ServicesSoftware Testing

Progressive Computing operates as a Managed Service Provider (MSP) headquartered in New York City. The company delivers a comprehensive suite of IT solutions tailored for businesses across Westchester County, Manhattan, and surrounding areas, including Connecticut. Their service portfolio encompasses managed services, cloud computing, data backup and recovery, VoIP, advanced cyber security measures, and artificial intelligence integration. By offering 24/7 monitoring and support, Progressive Computing aims to ensure seamless IT operations for its clientele, enabling them to concentrate on their core business objectives while optimizing operational efficiency and reducing technology-related expenditures. Their commitment is to enhance system uptime and reliability, providing a worry-free technology management experience.

How much funding has Progressive Computing raised?

Progressive Computing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Progressive Computing?

With the recent influx of capital from a major strategic investment, Progressive Computing is poised for an accelerated growth phase. This large-scale, late-stage funding is indicative of investor confidence in the company's scalable business model and its capacity to expand its market reach. Future initiatives are likely to focus on enhancing its AI and cybersecurity offerings, potentially through further technological development or strategic acquisitions. The company's expansion into new geographic territories or deepening its penetration within existing markets, such as Westchester County and Manhattan, is also a probable strategic direction. This capital infusion will be critical in solidifying its competitive advantage as a leading IT solutions provider.

See full Progressive Computing company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesDocument ManagementFinancial SoftwareSoftware
Business ServicesHuman Resources Management Systems (HRMS)Project Management
Advertising NetworksBusiness ServicesGraphics
Business ServicesProject ManagementArchitecture, Engineering & DesignConstruction

Frequently Asked Questions Regarding Progressive Computing Financial Insights

What are the most recent funding rounds that Progressive Computing has completed, and what were the funding rounds?
Progressive Computing has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Progressive Computing has raised to date?
Progressive Computing has raised a total of $350K in funding to date.
How many funding rounds has Progressive Computing completed?
Progressive Computing has completed 1 funding rounds.
How much funding did Progressive Computing raise in its most recent funding round?
Progressive Computing raised $350K in its most recent funding round.
Who are the lead investors in Progressive Computing's latest funding round?
The lead investor in Progressive Computing'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 Progressive Computing's history?
The largest funding round in Progressive Computing's history was $350K.
See more information about Progressive Computing