What is Sandbar?
Established in 2021 and headquartered in New York City, Sandbar Technologies Inc. operates within the Information Technology and Services industry. The company is positioned to leverage its recent capital infusion to further develop its offerings and expand its market presence.
How much funding has Sandbar raised?
Sandbar has raised a total of $4.8M across 1 funding round:
Angel/Seed
$4.8M
Angel/Seed (2023): $4.8M with participation from Abstract Ventures and Boxgroup Ventures
Key Investors in Sandbar
Abstract Ventures
Abstract Ventures is a San Francisco-based venture capital firm managing $1.5 billion in assets, focusing on seed and early-stage companies across various sectors. They are known for their strong founder loyalty and extensive network support.
Boxgroup Ventures
BoxGroup is an early-stage investment fund that backs technology companies in sectors like climate, fintech, and software, with a focus on solo founders and innovative ideas. They have a history of investing in transformative tech ventures.
What's next for Sandbar?
The substantial enterprise-level funding indicates Sandbar is likely in a growth or scaling phase, aiming to expand its operational capacity, enhance its technological infrastructure, and potentially broaden its customer base. This strategic investment will be crucial for solidifying its position in the competitive IT services landscape.
See full Sandbar company page