How Much Did Risetime Raise?
Funding & Key Investors

Risetime, a veteran player in the IT consulting landscape, has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This latest infusion of $350K underscores the firm's enduring relevance in a competitive digital transformation market. By leveraging this financial backing, the Chicago-based organization aims to solidify its operational footprint and expand its service delivery capabilities for enterprise-level clients.

What is Risetime?

Risetime
Business ServicesSoftware TestingProject Management

Established in 1984, Risetime has evolved into a cornerstone of the Chicago technology sector, operating as a Microsoft Gold Certified Partner. The firm specializes in a comprehensive suite of business and technology solutions, including business process management, content management, and bespoke web development. With decades of experience, Risetime serves as a critical partner for organizations seeking to modernize their legacy systems and optimize complex workflows through high-level IT consulting services.

How much funding has Risetime raised?

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

2020

Debt

$350K

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

Key Investors in Risetime

PPP

Public-Private Partnership

What's next for Risetime?

With the recent capital injection, Risetime is positioned to accelerate its strategic initiatives, likely focusing on the integration of advanced cloud-native architectures and enhanced automation tools for its client base. As the company navigates the late-stage growth phase, the focus will shift toward scaling its service offerings to meet the increasing demand for digital agility. This investment provides the necessary liquidity to pursue market expansion and potentially deepen its existing partnership ecosystem, ensuring the firm remains at the forefront of enterprise technology consulting.

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Frequently Asked Questions Regarding Risetime Financial Insights

What are the most recent funding rounds that Risetime has completed, and what were the funding rounds?
Risetime has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Risetime has raised to date?
Risetime has raised a total of $350K in funding to date.
How many funding rounds has Risetime completed?
Risetime has completed 1 funding rounds.
How much funding did Risetime raise in its most recent funding round?
Risetime raised $350K in its most recent funding round.
Who are the lead investors in Risetime's latest funding round?
The lead investor in Risetime'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 Risetime's history?
The largest funding round in Risetime's history was $350K.
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