How Much Did Utility NYC Raise?
Funding & Key Investors

Utility NYC has secured substantial capital, with its total funding reaching $350K. The company recently announced a significant strategic investment of $200K, underscoring its position in the market. This latest financing round marks a pivotal moment for the New York-based firm as it continues to scale its operations and expand its digital product development services.

What is Utility NYC?

Utility NYC
Business ServicesSoftware Testing

Utility NYC specializes in partnering with clients to design and develop sophisticated custom mobile applications, robust enterprise web platforms, and interconnected digital experiences. Operating from its base in New York, New York, the company has established a reputation for delivering high-quality, innovative digital solutions. Its expertise spans the full spectrum of digital product creation, from initial concept and design to final development and deployment.

How much funding has Utility NYC raised?

Utility NYC has raised a total of $350K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$200K

Debt (2020): $150K with participation from PPP

Debt (2021): $200K led by PPP

Key Investors in Utility NYC

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Utility NYC?

The recent large-scale, late-stage funding indicates Utility NYC is poised for significant growth and market expansion. This strategic investment will likely fuel further development of its service offerings, potentially enabling the company to pursue larger enterprise clients and more complex digital transformation projects. The company may also look to enhance its technological capabilities and expand its talent pool to meet increasing demand for its specialized services in the competitive digital solutions landscape.

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Frequently Asked Questions Regarding Utility NYC Financial Insights

What are the most recent funding rounds that Utility NYC has completed, and what were the funding rounds?
Utility NYC has recently completed 2 funding rounds: Debt on Feb 27, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Utility NYC has raised to date?
Utility NYC has raised a total of $350K in funding to date.
How many funding rounds has Utility NYC completed?
Utility NYC has completed 2 funding rounds.
How much funding did Utility NYC raise in its most recent funding round?
Utility NYC raised $200K in its most recent funding round.
Who are the lead investors in Utility NYC's latest funding round?
The lead investor in Utility NYC'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 Utility NYC's history?
The largest funding round in Utility NYC's history was $200K.
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