What is Software Tech Enterprises?
Software Tech Enterprises, Inc. (STE), founded in 2002, is a provider of professional Information Technology (IT) services catering to the Federal Government, state and local governments, and the private sector. The company's core competencies encompass IT Management Consulting, Enterprise Data Management, IT Business Solutions, and Project Management. STE has a demonstrated history of enhancing productivity and reducing costs through the swift and effective deployment of IT solutions. Its commitment to quality, combined with industry best practices and experienced professionals, has solidified its reputation as a leading IT provider. STE boasts a 100% referenceable client base and over twelve years of performance history. The company is registered with the System for Award Management (SAM) and holds certifications as a Small Disadvantaged Business (SDB), an 8(a) program participant, a Disadvantaged Business Enterprise (DBE), and a Minority Business Enterprise (MBE). STE also holds a GSA IT Schedule 70.
How much funding has Software Tech Enterprises raised?
Software Tech Enterprises has raised a total of $930K across 2 funding rounds:
Debt
$350K
Debt
$580K
Debt (2020): $350K with participation from PPP
Debt (2021): $580K led by PPP
What's next for Software Tech Enterprises?
The recent strategic investment in Software Tech Enterprises signals a phase of potential expansion or enhanced service delivery capabilities. Given its focus on government and private sector IT services, this capital infusion is likely to support the scaling of operations, further development of its core competencies in IT management, data management, and business solutions, or the pursuit of larger government contracts. The company's established track record and certifications position it well to leverage this financing for continued growth and market penetration.
See full Software Tech Enterprises company page
