How Much Did Reliable Group Raise?
Funding & Key Investors

Reliable Group has secured $578K in total capital, with its most recent financing round bringing in $500K in a major strategic investment. This significant backing underscores the company's pivotal role in AI-driven business transformations and its robust growth trajectory.

What is Reliable Group?

Reliable Group
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

Reliable Group specializes in AI-driven business transformations, offering a comprehensive suite of services including staff augmentation, dedicated development teams, and on-demand technical support. The company caters to diverse industries such as FinTech, HealthTech, E-commerce, and Startups, delivering bespoke solutions designed to elevate customer experience and optimize operational efficiency. With a legacy spanning over 50 years and a skilled workforce of more than 350 specialized engineers, Reliable Group is committed to empowering businesses to scale and innovate through the strategic application of advanced technology. Their client base comprises digital agencies, tech consultants, and CPA firms seeking to harness AI and digital solutions for accelerated growth.

How much funding has Reliable Group raised?

Reliable Group has raised a total of $578K across 2 funding rounds:

2021

Debt

$78K

2024

Debt

$500K

Debt (2021): $78K with participation from PPP

Debt (2024): $500K led by Chase

Key Investors in Reliable Group

Chase

Chase, operating through www.chase.com, is a financial institution that has provided debt financing, indicating a focus on supporting operational growth and capital expenditure for Reliable Group.

What's next for Reliable Group?

The recent major strategic investment signals a new phase of expansion for Reliable Group, likely focusing on enhancing its AI capabilities and broadening its market reach. This capital infusion is expected to fuel further development of its service offerings, potentially including new AI-driven tools and platforms. The company's established expertise across multiple high-growth sectors positions it for continued success in helping businesses navigate complex digital landscapes and achieve their scaling and innovation objectives.

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Frequently Asked Questions Regarding Reliable Group Financial Insights

What are the most recent funding rounds that Reliable Group has completed, and what were the funding rounds?
Reliable Group has recently completed 2 funding rounds: Debt on Mar 31, 2024, Debt on Mar 10, 2021.
What is the total amount of funding Reliable Group has raised to date?
Reliable Group has raised a total of $578K in funding to date.
How many funding rounds has Reliable Group completed?
Reliable Group has completed 2 funding rounds.
How much funding did Reliable Group raise in its most recent funding round?
Reliable Group raised $500K in its most recent funding round.
Who are the lead investors in Reliable Group's latest funding round?
The lead investor in Reliable Group's latest funding round was Chase. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Reliable Group's history?
The largest funding round in Reliable Group's history was $500K.
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