How Much Did Webitects Raise?
Funding & Key Investors

Webitects has secured a significant $324K in total capital, with its most recent funding round bringing in $174K in a major strategic investment. This latest financing underscores the company's established presence and ongoing strategic initiatives in the technology sector.

The company's funding history, which includes debt financing, indicates a pattern of leveraging financial instruments to support its operations and growth.

What is Webitects?

Webitects
Business ServicesSoftware TestingGraphics

Founded in 1995, Webitects is a pioneering web design and development firm based in Chicago. The company has a long-standing commitment to open data, becoming the first node of the UK-based Open Data Institute in 2013. Webitects has been instrumental in various open data initiatives, including co-sponsoring the first Chicago City Camp and hosting the OpenGovChicago meetup. Their work has extended to developing platforms like ChicagoLobbyists.org and contributing to projects such as SchoolCuts.org, which was nominated for a Moxie award. The company has also been involved in community development through initiatives like Englewood Codes! and has a decade-long partnership with the Local Initiative Support Corporation, creating websites to support community programs in underserved areas. Their efforts in Pilsen led to the creation of the Smart Communities program, demonstrating their impact on local development and technology adoption.

How much funding has Webitects raised?

Webitects 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

Key Investors in Webitects

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Webitects?

With substantial backing and a history of impactful projects, Webitects is well-positioned for continued growth and innovation. The recent strategic investment suggests a focus on expanding its capabilities or market reach, likely leveraging its deep expertise in open data and web development. Future endeavors may involve further contributions to civic technology, open data advocacy, and community-focused digital solutions, building upon its legacy of empowering communities through technology.

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Frequently Asked Questions Regarding Webitects Financial Insights

What are the most recent funding rounds that Webitects has completed, and what were the funding rounds?
Webitects has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Webitects has raised to date?
Webitects has raised a total of $324K in funding to date.
How many funding rounds has Webitects completed?
Webitects has completed 2 funding rounds.
How much funding did Webitects raise in its most recent funding round?
Webitects raised $174K in its most recent funding round.
Who are the lead investors in Webitects's latest funding round?
The lead investor in Webitects'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 Webitects's history?
The largest funding round in Webitects's history was $174K.
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