How Much Did VASTEC Raise?
Funding & Key Investors

VASTEC has secured significant enterprise-level capital, with its total funding reaching $2.8M. The company recently announced a major strategic investment amounting to $1.8M, underscoring its growing influence in the technology sector. This latest financing round follows previous debt financing, indicating a trajectory of sustained financial backing for its operations and expansion initiatives.

What is VASTEC?

VASTEC
Business ServicesSoftware TestingDocument Management

VASTEC is a small business distinguished by its substantial capabilities in providing advanced online cloud storage systems and comprehensive document digital conversion services. Headquartered in Tampa, Florida, with additional operational sites in Alexandria, Virginia, Dallas, and Houston, VASTEC has cultivated a strong reputation for delivering high-quality solutions tailored to the needs of government agencies and commercial enterprises. Its expertise in secure data management and digital transformation positions it as a key player in the evolving landscape of information technology services.

How much funding has VASTEC raised?

VASTEC has raised a total of $2.8M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.8M

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

Debt (2021): $1.8M led by PPP

What's next for VASTEC?

The recent major strategic investment signals a pivotal phase for VASTEC, likely enabling accelerated development of its cloud storage and digital conversion technologies. This infusion of capital is expected to fuel expansion into new markets, enhance service offerings, and potentially bolster its competitive edge within the government and enterprise sectors. VASTEC's focus on quality and its established reputation suggest a strategic deployment of these funds to solidify its market position and pursue further growth opportunities.

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Frequently Asked Questions Regarding VASTEC Financial Insights

What are the most recent funding rounds that VASTEC has completed, and what were the funding rounds?
VASTEC has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 30, 2020.
What is the total amount of funding VASTEC has raised to date?
VASTEC has raised a total of $2.8M in funding to date.
How many funding rounds has VASTEC completed?
VASTEC has completed 2 funding rounds.
How much funding did VASTEC raise in its most recent funding round?
VASTEC raised $1.8M in its most recent funding round.
Who are the lead investors in VASTEC's latest funding round?
The lead investor in VASTEC'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 VASTEC's history?
The largest funding round in VASTEC's history was $1.8M.
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