How Much Did Recursion Group Raise?
Funding & Key Investors

Recursion Group has secured $50K in total funding, with a recent capital infusion of $50K designated for substantial expansion. This significant Series B/C stage financing underscores the company's trajectory in the competitive IT consulting and software development sector.

The latest round, which closed on January 25, 2021, saw the company receive debt financing, indicating a strategic approach to capital management during this growth phase.

What is Recursion Group?

Recursion Group
Business ServicesSoftware Testing

Recursion Group Inc. is a specialized provider of IT consulting and comprehensive software development services. Their expertise spans advanced analytics, business intelligence, and the creation of custom applications tailored to meet the complex challenges of both large enterprises and small to medium-sized businesses. The company focuses on delivering innovative solutions, including mobile app development, seamless application integration, and staff augmentation services designed to bolster client capabilities. Recursion Group is committed to driving client growth and profitability through a customer-centric methodology and the delivery of best-in-class services.

How much funding has Recursion Group raised?

Recursion Group has raised a total of $50K across 1 funding round:

2021

Debt

$50K

Debt (2021): $50K with participation from PPP

Key Investors in Recursion Group

PPP

Public-Private Partnership

What's next for Recursion Group?

With the recent influx of substantial expansion capital, Recursion Group is poised for accelerated growth and market penetration. The company's strategic focus on advanced analytics, business intelligence, and custom application development aligns with current industry demands for digital transformation and data-driven decision-making. Future initiatives are likely to involve scaling operations, enhancing service offerings, and potentially exploring new technological frontiers to maintain a competitive edge. This investment will be crucial in supporting their mission to drive client success and solidify their position as a leader in IT consulting and software development.

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Frequently Asked Questions Regarding Recursion Group Financial Insights

What are the most recent funding rounds that Recursion Group has completed, and what were the funding rounds?
Recursion Group has recently completed 1 funding rounds: Debt on Jan 25, 2021.
What is the total amount of funding Recursion Group has raised to date?
Recursion Group has raised a total of $50K in funding to date.
How many funding rounds has Recursion Group completed?
Recursion Group has completed 1 funding rounds.
How much funding did Recursion Group raise in its most recent funding round?
Recursion Group raised $50K in its most recent funding round.
Who are the lead investors in Recursion Group's latest funding round?
The lead investor in Recursion Group'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 Recursion Group's history?
The largest funding round in Recursion Group's history was $50K.
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