How Much Did SupportSpace Raise?
Funding & Key Investors

SupportSpace has successfully navigated multiple rounds of financing to solidify its position in the technical assistance sector, culminating in a total capital accumulation of $36.3M. The company recently secured a major strategic investment of $12M, marking a significant milestone in its operational trajectory. This infusion of capital underscores investor confidence in the firm's ability to scale its robust network of certified experts and address the growing demand for enterprise-grade IT solutions.

The funding history reflects a deliberate growth strategy, beginning with a Series A round in 2006, followed by a Series B in 2009, and culminating in the most recent unspecified round in 2011. This progression highlights the company's evolution from a nascent service provider to a mature entity capable of attracting substantial institutional backing.

What is SupportSpace?

SupportSpace
Business ServicesSoftware TestingCall Centers & Business Centers

SupportSpace operates as a comprehensive digital platform providing 24/7 access to a global network of independent, certified technical support professionals. By bridging the gap between complex technical challenges and expert resolution, the company serves both individual consumers and enterprise clients. Its service portfolio spans software selection, installation troubleshooting, virus remediation, and hardware procurement guidance. Positioned at the intersection of IT services and on-demand labor, SupportSpace leverages a decentralized model to ensure high-efficiency service delivery, effectively positioning itself as a critical infrastructure layer for modern digital environments.

How much funding has SupportSpace raised?

SupportSpace has raised a total of $36.3M across 3 funding rounds:

2006

Series A

$14.3M

2009

Series B

$10M

2011

Unspecified

$12M

Series A (2006): $14.3M with participation from Brm Group and Gemini Israel

Series B (2009): $10M, investors not publicly disclosed

Unspecified (2011): $12M supported by BRM Capital, Gemini Israel Funds, and Emergence Capital Partners

Key Investors in SupportSpace

Emergence Capital Partners

Emergence is the leading venture capital firm focused on early-stage enterprise companies. Its mission is to be the most valuable partner to the most important companies that are changing the way the world works.

Gemini Israel Funds

Gemini Investors is a private investment firm focused on the smaller end of the middle market, investing in established companies with experienced management teams and strong growth potential.

BRM Capital

Since 1985, Prestige Capital has helped nearly 1,000 companies grow or turn around their businesses by providing more than $4 billion in funds by converting accounts receivable into immediate working capital.

What's next for SupportSpace?

With the recent strategic investment, SupportSpace is well-positioned to accelerate its market penetration and enhance its proprietary matching algorithms. The company is expected to focus on expanding its expert network and refining its service delivery protocols to meet the increasing complexity of enterprise software ecosystems. By prioritizing operational efficiency and service quality, SupportSpace aims to solidify its leadership in the remote IT support market, potentially exploring new verticals in automated diagnostics and AI-driven troubleshooting to maintain its competitive edge in an increasingly digitized global economy.

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Frequently Asked Questions Regarding SupportSpace Financial Insights

What are the most recent funding rounds that SupportSpace has completed, and what were the funding rounds?
SupportSpace has recently completed 3 funding rounds: Unspecified on Jul 14, 2011, Series B on Nov 25, 2009, Series A on Oct 24, 2006.
What is the total amount of funding SupportSpace has raised to date?
SupportSpace has raised a total of $36.3M in funding to date.
How many funding rounds has SupportSpace completed?
SupportSpace has completed 3 funding rounds.
How much funding did SupportSpace raise in its most recent funding round?
SupportSpace raised $12M in its most recent funding round.
Who are the lead investors in SupportSpace's latest funding round?
The lead investor in SupportSpace's latest funding round was BRM Capital. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in SupportSpace's history?
The largest funding round in SupportSpace's history was $14.3M.
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