How Much Did SummitWorks Technologies Raise?
Funding & Key Investors

SummitWorks Technologies has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This latest funding event, dated April 27, 2020, was characterized as a significant strategic move, underscoring the company's ongoing development and market positioning.

What is SummitWorks Technologies?

SummitWorks Technologies
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

Founded in 2001 and headquartered in South Plainfield, New Jersey, SummitWorks Technologies is a provider of comprehensive Custom Software development and Information Technology Support Services. The company's offerings span product delivery and implementation, Knowledge Process Outsourcing, and off-shore staffing and placement solutions. SummitWorks leverages its expertise in platforms and technologies such as SharePoint, .NET, Java, iOS, and Android development, alongside Analytical and Reporting Services, to serve its clientele.

How much funding has SummitWorks Technologies raised?

SummitWorks Technologies has raised a total of $1M across 1 funding round:

2020

Debt

$1M

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

Key Investors in SummitWorks Technologies

PPP

Public-Private Partnership

What's next for SummitWorks Technologies?

The recent major strategic investment suggests SummitWorks Technologies is poised for a phase of accelerated growth and market expansion. This infusion of capital is likely to fuel further development of its IT services and software solutions, potentially enabling the company to enhance its product offerings, broaden its client base, and strengthen its competitive position in the custom software and IT support sectors. The company's focus on diverse technological areas indicates a strategy to cater to a wide range of enterprise needs.

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Frequently Asked Questions Regarding SummitWorks Technologies Financial Insights

What are the most recent funding rounds that SummitWorks Technologies has completed, and what were the funding rounds?
SummitWorks Technologies has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding SummitWorks Technologies has raised to date?
SummitWorks Technologies has raised a total of $1M in funding to date.
How many funding rounds has SummitWorks Technologies completed?
SummitWorks Technologies has completed 1 funding rounds.
How much funding did SummitWorks Technologies raise in its most recent funding round?
SummitWorks Technologies raised $1M in its most recent funding round.
Who are the lead investors in SummitWorks Technologies's latest funding round?
The lead investor in SummitWorks Technologies'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 SummitWorks Technologies's history?
The largest funding round in SummitWorks Technologies's history was $1M.
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