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How Much Did Red Five IT Raise?
Funding & Key Investors

Red Five IT has secured significant funding, with the total amount raised standing at $85K and the most recent investment reaching $85K. This capital infusion marks a pivotal moment for the Grand Haven, Michigan-based company, underscoring its strategic importance in the computer repair sector.

What is Red Five IT?

Red Five IT
Consumer ServicesRepair Services

Founded in 2008, Red Five IT specializes in comprehensive computer repair services for both personal and commercial clients. The company addresses a wide spectrum of issues, from data backup and recovery to screen replacements, offering diagnostic services and repair plans for common hardware and software problems such as system freezing, slow performance, malware infections, and connectivity issues. Their expertise spans all makes and models of computers.

How much funding has Red Five IT raised?

Red Five IT has raised a total of $85K across 1 funding round:

2021

Debt

$85K

Debt (2021): $85K with participation from PPP

What's next for Red Five IT?

The substantial expansion capital secured by Red Five IT, indicative of a significant Series B/C stage, suggests a strategic focus on scaling operations and potentially broadening service offerings or market reach. This investment will likely fuel advancements in their service delivery infrastructure and customer support capabilities, positioning the company for sustained growth in the competitive IT services landscape.

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Frequently Asked Questions Regarding Red Five IT Financial Insights

What are the most recent funding rounds that Red Five IT has completed, and what were the funding rounds?
Red Five IT has recently completed 1 funding rounds: Debt on Jan 23, 2021. What is the total amount of funding Red Five IT has raised to date?
Red Five IT has raised a total of $85K in funding to date. How many funding rounds has Red Five IT completed?
Red Five IT has completed 1 funding rounds. How much funding did Red Five IT raise in its most recent funding round?
Red Five IT raised $85K in its most recent funding round. Who are the lead investors in Red Five IT's latest funding round?
The lead investor in Red Five IT'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 Red Five IT's history?
The largest funding round in Red Five IT's history was $85K.
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