What is SolutionIT?
SolutionIT is a national IT consulting company that focuses on two core areas: Technology Staffing and Oracle E-Business Solutions. The firm collaborates with clients to develop cost-effective roadmaps for their technology deployments, including functionality and application rollouts, upgrades, and ongoing support. SolutionIT emphasizes the quality of its deployed resources and staff augmentation roles, cultivating an environment that attracts and retains top-tier talent.
How much funding has SolutionIT raised?
SolutionIT has raised a total of $1.3M across 2 funding rounds:
Debt
$350K
Debt
$916K
Debt (2020): $350K with participation from PPP
Debt (2021): $916K led by PPP
What's next for SolutionIT?
The recent major strategic investment and the context of enterprise-level funding suggest SolutionIT is poised for further expansion and enhancement of its service offerings. This capital infusion is likely to fuel initiatives aimed at strengthening its technology staffing capabilities and deepening its expertise in Oracle E-Business Solutions. The company's commitment to attracting and retaining elite talent will be crucial as it navigates this growth phase, potentially leading to broader market penetration and the development of new service lines to meet evolving enterprise demands.
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