How Much Did Proware Raise?
Funding & Key Investors

Proware has secured $350K in total funding, with its most recent financing round bringing in $350K through a major strategic investment on April 13, 2020. This significant capital infusion positions the company for its next phase of growth.

What is Proware?

Proware
Business ServicesHuman Resources Management Systems (HRMS)Ecommerce Platforms

Proware Inc. is a seasoned problem-solving software company with over 28 years of experience dedicated to supporting mid-range companies, particularly those within the IBM midrange community. The firm offers comprehensive programming and IT support services, adeptly identifying and resolving client needs across both legacy and modern systems. Their expertise spans various RPG versions, and they provide complimentary assessments to tailor solutions for client efficiency. Proware Inc. focuses on delivering practical solutions and training to empower clients in maximizing their system utilization.

How much funding has Proware raised?

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

2020

Debt

$350K

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

Key Investors in Proware

PPP

Public-Private Partnership

What's next for Proware?

The company's large-scale late-stage funding context suggests a strategic pivot towards scaling operations, expanding market reach, or potentially developing new technological solutions. This substantial investment, particularly the recent strategic financing, indicates strong investor confidence in Proware's established market position and future potential within the IBM midrange support sector. The focus will likely be on leveraging this capital to enhance service offerings, broaden their client base, and solidify their competitive advantage through continued innovation and robust IT support.

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Frequently Asked Questions Regarding Proware Financial Insights

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