How Much Did Technical Automation Raise?
Funding & Key Investors

Technical Automation has secured $44K in recent financing, contributing to a total funding amount of $44K. This capital infusion, occurring at a significant Series B/C stage, is earmarked for substantial expansion initiatives. The company's strategic financial maneuvers underscore its commitment to scaling operations and enhancing its market presence in the managed IT services sector.

What is Technical Automation?

Technical Automation
Business ServicesSoftware Testing

Technical Automation specializes in providing comprehensive, managed IT solutions tailored for small and medium-sized businesses. Their service portfolio encompasses network wiring, Wi-Fi installation, hot-spot management, and WLAN design, all engineered for peak reliability and bandwidth. Recognizing the financial constraints small businesses face in maintaining in-house IT departments, Technical Automation offers a cost-effective alternative, delivering expertise in internet services, networking, data security, and computer systems management. They function as a fully managed IT department, addressing the technological, security, and computing challenges businesses encounter, thereby enabling clients to focus on their core objectives without the burden of IT staffing complexities or expenses.

How much funding has Technical Automation raised?

Technical Automation has raised a total of $44K across 1 funding round:

2021

Debt

$44K

Debt (2021): $44K with participation from PPP

What's next for Technical Automation?

With the recent influx of substantial expansion capital, Technical Automation is poised for significant growth. The company's strategic focus will likely involve broadening its service offerings, expanding its geographical reach, and enhancing its technological infrastructure to meet the evolving demands of the small and medium-sized business market. This investment will also support efforts to further solidify its position as a leading provider of turnkey IT solutions, ensuring clients receive enterprise-class IT management at a fraction of the cost of traditional in-house departments. The company's trajectory suggests a continued emphasis on innovation and client-centric service delivery.

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Frequently Asked Questions Regarding Technical Automation Financial Insights

What are the most recent funding rounds that Technical Automation has completed, and what were the funding rounds?
Technical Automation has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Technical Automation has raised to date?
Technical Automation has raised a total of $44K in funding to date.
How many funding rounds has Technical Automation completed?
Technical Automation has completed 1 funding rounds.
How much funding did Technical Automation raise in its most recent funding round?
Technical Automation raised $44K in its most recent funding round.
Who are the lead investors in Technical Automation's latest funding round?
The lead investor in Technical Automation'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 Technical Automation's history?
The largest funding round in Technical Automation's history was $44K.
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