How Much Did SHMsoft Raise?
Funding & Key Investors

SHMsoft has secured $28K in total funding, with its most recent financing round bringing in $28K. This substantial expansion capital injection signals a significant growth phase for the company, likely at a Series B/C stage, underscoring investor confidence in its eDiscovery and Big Data solutions.

What is SHMsoft?

SHMsoft
SoftwareDatabase & File Management SoftwareBusiness Services

SHMsoft, Inc. is a technology firm specializing in scalable eDiscovery solutions powered by its FreeEed open-source software. The company offers comprehensive services including Big Data training, implementation, and strategy consulting, serving diverse sectors like medical and energy. By focusing on advanced document management and eDiscovery applications, SHMsoft leverages AI and machine learning to enable organizations, particularly those in Houston, Texas, to efficiently manage and review vast datasets.

How much funding has SHMsoft raised?

SHMsoft has raised a total of $28K across 1 funding round:

2021

Debt

$28K

Debt (2021): $28K with participation from PPP

Key Investors in SHMsoft

PPP

Public-Private Partnership

What's next for SHMsoft?

With the recent influx of substantial expansion capital, SHMsoft is poised for accelerated growth and market penetration. The company's strategic focus on leveraging AI and machine learning within its FreeEed platform suggests a trajectory towards enhancing its capabilities in handling complex data challenges. This funding is expected to fuel further development of its eDiscovery and Big Data offerings, potentially expanding its client base and solidifying its position as a key player in data management solutions.

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Frequently Asked Questions Regarding SHMsoft Financial Insights

What are the most recent funding rounds that SHMsoft has completed, and what were the funding rounds?
SHMsoft has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding SHMsoft has raised to date?
SHMsoft has raised a total of $28K in funding to date.
How many funding rounds has SHMsoft completed?
SHMsoft has completed 1 funding rounds.
How much funding did SHMsoft raise in its most recent funding round?
SHMsoft raised $28K in its most recent funding round.
Who are the lead investors in SHMsoft's latest funding round?
The lead investor in SHMsoft'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 SHMsoft's history?
The largest funding round in SHMsoft's history was $28K.
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