How Much Did SnapTechIT Raise?
Funding & Key Investors

SnapTechIT has secured $768K in total capital, with its most recent financing round bringing in $418K through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the enterprise IT solutions sector.

What is SnapTechIT?

SnapTechIT
Business ServicesSoftware Testing

SnapTechIT, founded in 2001, is a provider of comprehensive IT management, cybersecurity, cloud services, professional services, and data center services tailored for small and medium-sized businesses nationwide. With operational hubs in Atlanta, Phoenix, and San Francisco, the company leverages technology to address critical business challenges, aiming to minimize cybersecurity risks and operational downtime while managing tailored IT roadmaps. SnapTechIT positions itself as a dedicated IT partner, emphasizing client success as its own.

How much funding has SnapTechIT raised?

SnapTechIT has raised a total of $768K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$418K

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

Debt (2021): $418K led by PPP

Key Investors in SnapTechIT

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for SnapTechIT?

The recent major strategic investment indicates a phase of significant scaling and potential expansion for SnapTechIT. This capital infusion is likely to fuel advancements in their service offerings, particularly in cybersecurity and cloud solutions, and may support geographic expansion or the acquisition of new talent. The company's focus on solving complex technical challenges and delivering exceptional client experiences suggests a strategy geared towards solidifying its market position and driving further enterprise-level growth.

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Frequently Asked Questions Regarding SnapTechIT Financial Insights

What are the most recent funding rounds that SnapTechIT has completed, and what were the funding rounds?
SnapTechIT has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 6, 2020.
What is the total amount of funding SnapTechIT has raised to date?
SnapTechIT has raised a total of $768K in funding to date.
How many funding rounds has SnapTechIT completed?
SnapTechIT has completed 2 funding rounds.
How much funding did SnapTechIT raise in its most recent funding round?
SnapTechIT raised $418K in its most recent funding round.
Who are the lead investors in SnapTechIT's latest funding round?
The lead investor in SnapTechIT'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 SnapTechIT's history?
The largest funding round in SnapTechIT's history was $418K.
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