How Much Did ServRight Raise?
Funding & Key Investors

ServRight has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This latest infusion of $350K underscores the company's robust position within the IT hardware support sector. By leveraging this financial backing, the organization is poised to further solidify its footprint across North America, ensuring that its comprehensive suite of maintenance and lifecycle management services remains at the forefront of enterprise operational requirements.

The recent financing round, finalized on April 8, 2020, represents a pivotal moment for the firm as it continues to scale its infrastructure and service delivery capabilities. This capital injection serves as a testament to the market's confidence in ServRight's ability to navigate the complexities of modern IT hardware maintenance, from point-of-sale systems to sophisticated optical library units.

What is ServRight?

ServRight
Consumer ServicesRepair ServicesBusiness Services

ServRight operates as a critical partner for organizations requiring specialized IT hardware support and lifecycle management. Headquartered in Alexandria, Virginia, with regional facilities in Salt Lake City, the company provides a wide array of services including on-site break-fix support, professional installation, and advanced unit replacement programs. Unlike traditional transactional vendors, ServRight distinguishes itself through a partnership-oriented model that aligns service-level agreements with the specific operational demands of its clients. By maintaining a deep expertise in electro-mechanical and digital devices, the company enables enterprises to minimize downtime and optimize the total cost of ownership for their hardware investments across the United States and Canada.

How much funding has ServRight raised?

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

2020

Debt

$350K

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

Key Investors in ServRight

PPP

Public-Private Partnership

What's next for ServRight?

With this late-stage funding, ServRight is strategically positioned to enhance its proprietary ServRight Xtension program and expand its depot repair infrastructure. The company is expected to focus on deepening its integration with enterprise-level clients, potentially scaling its field technician network to meet the increasing demand for rapid-response hardware support. As digital transformation continues to drive the complexity of corporate IT environments, ServRight's commitment to flexible, scalable support models will likely serve as a primary growth engine. Future initiatives will likely prioritize the optimization of its supply chain and the further refinement of its Advance Unit Replacement programs to maintain its competitive edge in the hardware services market.

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Frequently Asked Questions Regarding ServRight Financial Insights

What are the most recent funding rounds that ServRight has completed, and what were the funding rounds?
ServRight has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding ServRight has raised to date?
ServRight has raised a total of $350K in funding to date.
How many funding rounds has ServRight completed?
ServRight has completed 1 funding rounds.
How much funding did ServRight raise in its most recent funding round?
ServRight raised $350K in its most recent funding round.
Who are the lead investors in ServRight's latest funding round?
The lead investor in ServRight'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 ServRight's history?
The largest funding round in ServRight's history was $350K.
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