How Much Did Racoe Raise?
Funding & Key Investors

Racoe has secured $325K in total funding, with its most recent financing round bringing in $175K. This significant capital infusion, characterized as a major strategic investment, underscores the company's progression through a large-scale late-stage funding phase. The company's financial trajectory indicates a strong push towards scaling operations and market expansion.

What is Racoe?

Racoe
TelecommunicationsInternet Service Providers, Website Hosting & Internet-related ServicesHospitality

Racoe Inc. operates within the dynamic Internet Service Providers, Website Hosting & Internet-related Services sector. Headquartered in Red Boiling Springs, Tennessee, the company is positioned to leverage its technological infrastructure to serve a growing digital landscape. With an employee base ranging from 20 to 49 individuals and an estimated revenue between $10 million and $25 million, Racoe is establishing a notable presence in its industry. The company's focus on internet services and hosting solutions places it at the forefront of digital connectivity and online presence management.

How much funding has Racoe raised?

Racoe has raised a total of $325K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$175K

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

Debt (2021): $175K led by PPP

Key Investors in Racoe

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Racoe?

The substantial backing Racoe has received, particularly the recent strategic investment, signals a pivotal moment for the company. This capital is expected to fuel further development of its service offerings, enhance its market reach, and potentially drive innovation in internet service provision and web hosting. As Racoe navigates its late-stage funding environment, strategic partnerships and operational enhancements are likely priorities. The company is poised for accelerated growth, aiming to solidify its competitive position and expand its customer base within the internet services industry.

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Frequently Asked Questions Regarding Racoe Financial Insights

What are the most recent funding rounds that Racoe has completed, and what were the funding rounds?
Racoe has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Racoe has raised to date?
Racoe has raised a total of $325K in funding to date.
How many funding rounds has Racoe completed?
Racoe has completed 2 funding rounds.
How much funding did Racoe raise in its most recent funding round?
Racoe raised $175K in its most recent funding round.
Who are the lead investors in Racoe's latest funding round?
The lead investor in Racoe'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 Racoe's history?
The largest funding round in Racoe's history was $175K.
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