How Much Did Virtual Workgroup Technologies Raise?
Funding & Key Investors

Virtual Workgroup Technologies has secured significant capital, with a total funding amount of $324K and a recent funding round of $174K. This major strategic investment, dated February 25, 2021, underscores the company's established position in the technology and management consulting sector. The company's financial trajectory, marked by previous debt financing rounds, indicates a strategic approach to growth and operational scaling.

What is Virtual Workgroup Technologies?

Virtual Workgroup Technologies
Business ServicesSoftware TestingProject Management

Virtual Workgroup Technologies (VWTC) is a woman-owned small business specializing in comprehensive technology and management consulting services. With over two decades of experience, VWTC offers expertise in program and project management, enterprise architecture, information assurance, and knowledge management. They cater to a diverse clientele, including the Department of Defense, federal agencies, and commercial enterprises, by providing agile, cost-efficient solutions. Their focus on client-centric goals ensures the delivery of projects that meet rigorous standards and surpass expectations, leveraging strategic partnerships and a dedicated workforce.

How much funding has Virtual Workgroup Technologies raised?

Virtual Workgroup Technologies has raised a total of $324K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$174K

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

Debt (2021): $174K led by PPP

What's next for Virtual Workgroup Technologies?

The substantial capital infusion, characterized as large-scale late-stage funding, positions Virtual Workgroup Technologies for accelerated growth and expanded service offerings. This strategic backing is likely to fuel advancements in their core competencies, potentially enabling the firm to pursue larger contracts and enhance its technological capabilities. The company's history of securing debt financing suggests a robust financial strategy, and this recent investment will likely fortify its market presence and support its ongoing mission to deliver exceptional consulting services to government and commercial clients.

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Frequently Asked Questions Regarding Virtual Workgroup Technologies Financial Insights

What are the most recent funding rounds that Virtual Workgroup Technologies has completed, and what were the funding rounds?
Virtual Workgroup Technologies has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Virtual Workgroup Technologies has raised to date?
Virtual Workgroup Technologies has raised a total of $324K in funding to date.
How many funding rounds has Virtual Workgroup Technologies completed?
Virtual Workgroup Technologies has completed 2 funding rounds.
How much funding did Virtual Workgroup Technologies raise in its most recent funding round?
Virtual Workgroup Technologies raised $174K in its most recent funding round.
Who are the lead investors in Virtual Workgroup Technologies's latest funding round?
The lead investor in Virtual Workgroup 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 Virtual Workgroup Technologies's history?
The largest funding round in Virtual Workgroup Technologies's history was $174K.
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