How Much Did Rite Technology Raise?
Funding & Key Investors

Rite Technology has secured $150K in total funding, with its most recent capital infusion amounting to $150K from a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in the business solutions sector.

What is Rite Technology?

Rite Technology
RetailOffice Products Retail & DistributionBusiness Services

Founded in 1989 and headquartered in Sarasota, FL, Rite Technology operates as a comprehensive business solutions provider. The company's product portfolio includes essential office equipment such as copiers, printers, HP products, and Sharp Aquos whiteboards. Beyond hardware, Rite Technology offers advanced solutions in document management, cloud storage (drivve), and managed print services, positioning itself as a key partner for businesses seeking to optimize their operational efficiency and information management.

How much funding has Rite Technology raised?

Rite Technology has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Rite Technology

PPP

Public-Private Partnership

What's next for Rite Technology?

With a substantial history of operations and a recent strategic investment, Rite Technology is well-positioned for continued expansion and innovation. The company's focus on integrated solutions, from hardware to managed services, suggests a strategy aimed at deepening client relationships and capturing a larger share of the business technology market. Future developments are likely to involve enhancing its digital offerings and further optimizing its managed print services to meet evolving business demands.

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Frequently Asked Questions Regarding Rite Technology Financial Insights

What are the most recent funding rounds that Rite Technology has completed, and what were the funding rounds?
Rite Technology has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Rite Technology has raised to date?
Rite Technology has raised a total of $150K in funding to date.
How many funding rounds has Rite Technology completed?
Rite Technology has completed 1 funding rounds.
How much funding did Rite Technology raise in its most recent funding round?
Rite Technology raised $150K in its most recent funding round.
Who are the lead investors in Rite Technology's latest funding round?
The lead investor in Rite Technology'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 Rite Technology's history?
The largest funding round in Rite Technology's history was $150K.
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