How Much Did Second Factor Raise?
Funding & Key Investors

Second Factor has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment marks a significant milestone for the company as it continues its growth trajectory in the federal IT services sector. The company's ability to attract substantial backing underscores its established position and future potential within government technology solutions.

What is Second Factor?

Second Factor
Business ServicesSoftware Testing

Second Factor, Inc. specializes in delivering bespoke IT services tailored for federal clients. Their expertise spans the design, troubleshooting, and maintenance of complex technology environments. Leveraging a team of certified professionals, the company adeptly manages small to mid-sized projects, consistently adapting to emerging technologies. Notable engagements with agencies such as the Department of State, Department of Labor, and the Federal Bureau of Investigation highlight their proven track record and deep understanding of public sector requirements. A core tenet of Second Factor's operations is an unwavering commitment to security and compliance, particularly in areas like public key infrastructure and 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?

With the recent influx of capital, Second Factor is poised for accelerated expansion and enhanced service delivery within the federal landscape. This large-scale, late-stage funding suggests a strategic focus on scaling operations, potentially broadening its technological offerings, or deepening its existing client relationships. The company's emphasis on security and compliance, coupled with its established presence across key government agencies, positions it favorably for future contract awards and technological advancements. Future developments may include strategic partnerships or acquisitions aimed at further solidifying its market leadership in government IT solutions.

See full Second Factor company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)
Business ServicesProject ManagementHolding Companies & Conglomerates
Business ServicesField Service Management
Business ServicesProject Management

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.
See more information about Second Factor