How Much Did SpearMC Raise?
Funding & Key Investors

SpearMC, now integrated with Mythics, has secured $350K in total capital, with a recent strategic investment of $350K on April 13, 2020. This significant backing underscores the company's established position in the enterprise software solutions market, particularly within the PeopleSoft and Oracle ecosystems. The nature of this large-scale, late-stage funding suggests a focus on continued growth and market expansion.

What is SpearMC?

SpearMC
Business ServicesSoftware TestingProject Management

SpearMC, operating under the Mythics umbrella, is a specialized provider of comprehensive PeopleSoft and Oracle solutions. Since its inception in 2004, the company has focused on delivering managed services, expert consulting, and tailored training to optimize enterprise systems. SpearMC's expertise spans PeopleSoft administration, development, governance, and cloud assessments for Oracle, serving critical sectors including healthcare, financial services, higher education, and government. Their core mission is to empower organizations to fully leverage their existing technology investments, driving innovation and operational efficiency.

How much funding has SpearMC raised?

SpearMC has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in SpearMC

PPP

Public-Private Partnership

What's next for SpearMC?

The substantial late-stage investment SpearMC received indicates a strategic push towards scaling its operations and potentially expanding its service portfolio. As part of Mythics, this capital infusion is likely to accelerate the integration of SpearMC's specialized PeopleSoft and Oracle capabilities into Mythics' broader offerings. Future developments may involve enhanced cloud migration services, advanced analytics for enterprise systems, and broader market penetration across its key industry verticals. The company's trajectory points towards solidifying its leadership in specialized enterprise resource planning (ERP) system management and optimization.

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Frequently Asked Questions Regarding SpearMC Financial Insights

What are the most recent funding rounds that SpearMC has completed, and what were the funding rounds?
SpearMC has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding SpearMC has raised to date?
SpearMC has raised a total of $350K in funding to date.
How many funding rounds has SpearMC completed?
SpearMC has completed 1 funding rounds.
How much funding did SpearMC raise in its most recent funding round?
SpearMC raised $350K in its most recent funding round.
Who are the lead investors in SpearMC's latest funding round?
The lead investor in SpearMC'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 SpearMC's history?
The largest funding round in SpearMC's history was $350K.
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