What is Spry Squared?
Operating at the intersection of IT efficiency and rigorous security standards, Spry Squared provides essential infrastructure support for organizations navigating complex regulatory landscapes, including NIST SP 800-171 compliance. By offering a blend of proactive service delivery and long-term IT strategy, the company has carved out a niche in the competitive managed services market. Their business model is specifically designed to address the unique requirements of government contractors and commercial entities that demand high-level security protocols alongside cost-effective operational management. As a certified minority and woman-owned enterprise, Spry Squared leverages its specialized personnel to deliver high-touch, professional IT project support, ensuring that clients maintain operational continuity while meeting stringent federal mandates.
How much funding has Spry Squared raised?
Spry Squared has raised a total of $451K across 3 funding rounds:
Debt
$150K
Debt
$251K
Debt
$50K
Debt (2020): $150K with participation from PPP
Debt (2021): $251K led by PPP
Debt (2024): $50K supported by Ready Capital
Key Investors in Spry Squared
Ready Capital
A multi-strategy real estate finance company that provides debt financing solutions to small and medium-sized businesses across the United States.
PPP
Public-Private Partnership
What's next for Spry Squared?
With the recent influx of capital, Spry Squared is well-positioned to scale its service offerings and expand its footprint within the federal contracting space. The company's growth trajectory, marked by a series of debt-based financing rounds, suggests a focus on sustainable expansion and the strengthening of its core service delivery platforms. Future strategic initiatives will likely involve deepening their cybersecurity capabilities to address the evolving threat landscape, as well as enhancing their compliance-as-a-service offerings. By prioritizing the integration of advanced IT solutions with proactive security management, Spry Squared is poised to capture additional market share, further cementing its reputation as a reliable partner for organizations requiring robust, compliant, and efficient IT infrastructure.
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