How Much Did Spohn & Associates Raise?
Funding & Key Investors

Spohn & Associates has secured significant enterprise-level funding, with a recent major strategic investment contributing to its total capital of $2M. The company's latest financial infusion occurred on February 4, 2021, marking a key moment in its growth trajectory.

What is Spohn & Associates?

Spohn & Associates
Business ServicesSoftware TestingProject Management

Spohn & Associates, operating under the name Spohn Security Solutions, is a specialized provider of IT security risk assessments, penetration testing, and HIPAA compliance support. The firm also offers telecom consulting, delivering customized cybersecurity solutions to a diverse clientele ranging from Fortune 500 corporations to medium and small businesses across the United States and internationally. Their comprehensive service portfolio includes crucial training solutions and robust disaster recovery planning, all designed to bolster a client's security posture and ensure regulatory compliance. Spohn's commitment to personalized service is evident in its team of experts dedicated to helping clients achieve their unique security objectives.

How much funding has Spohn & Associates raised?

Spohn & Associates has raised a total of $3M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1M

Debt (2020): $1M with participation from PPP

Debt (2021): $1M led by PPP

What's next for Spohn & Associates?

The substantial enterprise-level funding and recent strategic investment indicate a strong market validation for Spohn & Associates' cybersecurity and IT risk management services. This capital infusion is poised to accelerate the company's expansion, potentially enabling further development of its service offerings, enhancement of its technological infrastructure, and broader market penetration. The focus on compliance support, particularly HIPAA, suggests a strategic alignment with the growing demand for secure data handling in regulated industries. Future growth may involve expanding its international reach and deepening its expertise in emerging cybersecurity threats.

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Frequently Asked Questions Regarding Spohn & Associates Financial Insights

What are the most recent funding rounds that Spohn & Associates has completed, and what were the funding rounds?
Spohn & Associates has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Spohn & Associates has raised to date?
Spohn & Associates has raised a total of $3M in funding to date.
How many funding rounds has Spohn & Associates completed?
Spohn & Associates has completed 2 funding rounds.
How much funding did Spohn & Associates raise in its most recent funding round?
Spohn & Associates raised $1M in its most recent funding round.
Who are the lead investors in Spohn & Associates's latest funding round?
The lead investor in Spohn & Associates'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 Spohn & Associates's history?
The largest funding round in Spohn & Associates's history was $1M.
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