How Much Did STI Raise?
Funding & Key Investors

Stallard Technologies (STI) has secured significant enterprise-level funding, with the total funding amount reaching $762K. The company recently announced a major strategic investment, bringing in $412K in its latest financing round. This capital infusion underscores STI's established position in the IT hardware market and its ongoing growth trajectory.

What is STI?

STI
RetailEcommerce Platforms

Stallard Technologies, operating under the acronym STI, specializes in the procurement and resale of new and pre-owned enterprise-grade IT infrastructure. Their inventory includes Dell servers, Dell workstations, EqualLogic and EMC storage devices, and Cisco network appliances. Headquartered in Overland Park, Kansas, STI serves businesses seeking cost-effective solutions for their hardware needs, providing a vital secondary market for essential technology components.

How much funding has STI raised?

STI has raised a total of $762K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$412K

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

Debt (2021): $412K led by PPP

What's next for STI?

The recent major strategic investment signals a period of accelerated expansion for STI. This capital is likely to be deployed towards enhancing inventory acquisition, expanding sales and distribution channels, and potentially investing in refurbishment capabilities to further optimize their offerings. As STI continues to navigate the dynamic enterprise hardware market, this financial backing positions them to capitalize on opportunities for increased market share and operational efficiency, reinforcing their role as a key player in the IT hardware lifecycle.

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Frequently Asked Questions Regarding STI Financial Insights

What are the most recent funding rounds that STI has completed, and what were the funding rounds?
STI has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 9, 2020.
What is the total amount of funding STI has raised to date?
STI has raised a total of $762K in funding to date.
How many funding rounds has STI completed?
STI has completed 2 funding rounds.
How much funding did STI raise in its most recent funding round?
STI raised $412K in its most recent funding round.
Who are the lead investors in STI's latest funding round?
The lead investor in STI'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 STI's history?
The largest funding round in STI's history was $412K.
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