How Much Did Shepherd Data Services Raise?
Funding & Key Investors

Shepherd Data Services, now integrated with ArcherHall, has secured significant capital, with its total funding reaching $330K. The company recently announced a major strategic investment, bringing in $180K in new financing. This latest round underscores the company's established position in the e-discovery and digital forensics market, signaling a phase of substantial growth and strategic expansion.

What is Shepherd Data Services?

Shepherd Data Services
Business ServicesSoftware TestingDocument Management

Shepherd Data Services specializes in e-discovery and digital forensics, offering comprehensive solutions designed for legal, public sector, insurance, and law enforcement clients. Their service portfolio encompasses digital forensics, eDiscovery, and cybersecurity, all tailored to meet stringent industry and regulatory requirements. The company's recent expansion with a new office in Minneapolis aims to bolster its operational capabilities and client service delivery, reinforcing its commitment to providing innovative, secure, and efficient data solutions.

How much funding has Shepherd Data Services raised?

Shepherd Data Services has raised a total of $330K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$180K

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

Debt (2021): $180K led by PPP

Key Investors in Shepherd Data Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Shepherd Data Services?

The substantial late-stage funding indicates Shepherd Data Services is poised for significant scaling and market penetration. This capital injection is expected to fuel further technological advancements in their e-discovery and digital forensics platforms, potentially leading to expanded service offerings and geographic reach. Strategic partnerships and acquisitions may also be on the horizon as the company solidifies its competitive advantage in the cybersecurity and data analytics landscape. The focus will likely remain on enhancing their core competencies while adapting to evolving client needs and regulatory environments.

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Frequently Asked Questions Regarding Shepherd Data Services Financial Insights

What are the most recent funding rounds that Shepherd Data Services has completed, and what were the funding rounds?
Shepherd Data Services has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Shepherd Data Services has raised to date?
Shepherd Data Services has raised a total of $330K in funding to date.
How many funding rounds has Shepherd Data Services completed?
Shepherd Data Services has completed 2 funding rounds.
How much funding did Shepherd Data Services raise in its most recent funding round?
Shepherd Data Services raised $180K in its most recent funding round.
Who are the lead investors in Shepherd Data Services's latest funding round?
The lead investor in Shepherd Data Services'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 Shepherd Data Services's history?
The largest funding round in Shepherd Data Services's history was $180K.
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