How Much Did Second Factor Raise?
Funding & Key Investors

Second Factor, Inc. has secured $150K in total capital, with its most recent financing round yielding $150K. This major strategic investment underscores the company's established position in the federal IT services sector.

What is Second Factor?

Second Factor
Business ServicesSoftware Testing

Second Factor, Inc. specializes in delivering bespoke IT services to federal agencies, concentrating on the design, troubleshooting, and maintenance of complex technology infrastructures. The company leverages a cadre of experienced and certified professionals to manage projects of varying scales, from small to mid-sized endeavors, while maintaining a keen awareness of emerging technological advancements. Their operational footprint includes significant engagements with prominent governmental bodies such as the Department of State, Department of Labor, and the Federal Bureau of Investigation. A core tenet of Second Factor's mission is an unwavering commitment to robust security protocols and regulatory compliance, with particular emphasis on public key infrastructure and comprehensive network security evaluations.

How much funding has Second Factor raised?

Second Factor has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Second Factor

PPP

Public-Private Partnership

What's next for Second Factor?

The substantial backing indicated by $150K suggests Second Factor is in a mature growth phase, likely leveraging this capital for expansion of its service offerings, enhancement of its technological capabilities, or broadening its reach within the federal contracting landscape. The recent strategic investment signals confidence from financial partners in the company's ongoing ability to secure and execute critical IT projects for government clients, particularly in sensitive areas like cybersecurity and infrastructure management. Future initiatives may involve scaling operations to meet increased demand, investing in advanced security certifications, or developing new solutions tailored to evolving federal IT requirements.

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Frequently Asked Questions Regarding Second Factor Financial Insights

What are the most recent funding rounds that Second Factor has completed, and what were the funding rounds?
Second Factor has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Second Factor has raised to date?
Second Factor has raised a total of $150K in funding to date.
How many funding rounds has Second Factor completed?
Second Factor has completed 1 funding rounds.
How much funding did Second Factor raise in its most recent funding round?
Second Factor raised $150K in its most recent funding round.
Who are the lead investors in Second Factor's latest funding round?
The lead investor in Second Factor'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 Second Factor's history?
The largest funding round in Second Factor's history was $150K.
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