How Much Did Softengine Raise?
Funding & Key Investors

Softengine has secured significant enterprise-level funding, with its total capital raised standing at $1.3M. The company recently announced a major strategic investment of $924K, underscoring its continued growth and market position in the business solutions sector. This latest financing round follows previous debt financing, indicating a strategic shift or expansion in the company's capital structure.

What is Softengine?

Softengine
SoftwareEnterprise Resource Planning (ERP)

Founded in 1997 and headquartered in Woodland Hills, California, Softengine specializes in providing collaborative business solutions tailored for the wholesale distribution, importer, and manufacturing industries. The company's offerings are designed to streamline operations and enhance efficiency for its clients within these specific sectors. Its long-standing presence in the market suggests a deep understanding of the operational challenges faced by its target industries.

How much funding has Softengine raised?

Softengine has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$924K

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

Debt (2021): $924K led by PPP

Key Investors in Softengine

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Softengine?

The recent major strategic investment signals a new phase of development and potential expansion for Softengine. This capital infusion is likely to be directed towards enhancing its collaborative business solutions, potentially through technological advancements, market penetration, or strategic partnerships. The company's focus on specific industries like wholesale distribution and manufacturing suggests that future growth will be driven by deepening its expertise and service offerings within these verticals, aiming to solidify its role as a key technology provider.

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

Additional financial insights in the Software industry

Healthcare SoftwareSoftwareBusiness ServicesSoftware TestingHealthcare ServicesProject ManagementMental Health & Rehabilitation Facilities
Engineering SoftwareSoftwareMobile App Development
Human Resources SoftwareSoftwareBusiness ServicesHuman Resources Management Systems (HRMS)
Multimedia, Games & Graphics SoftwareSoftware

Frequently Asked Questions Regarding Softengine Financial Insights

What are the most recent funding rounds that Softengine has completed, and what were the funding rounds?
Softengine has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Softengine has raised to date?
Softengine has raised a total of $1.3M in funding to date.
How many funding rounds has Softengine completed?
Softengine has completed 2 funding rounds.
How much funding did Softengine raise in its most recent funding round?
Softengine raised $924K in its most recent funding round.
Who are the lead investors in Softengine's latest funding round?
The lead investor in Softengine'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 Softengine's history?
The largest funding round in Softengine's history was $924K.
See more information about Softengine