How Much Did Webitects Raise?
Funding & Key Investors

Webitects has secured significant capital, with a total funding amount of $324K. The company recently announced a major strategic investment of $174K, underscoring its established position in the market. This latest round of financing follows a pattern of substantial backing, indicating continued investor confidence in Webitects' long-term vision and operational capabilities within the technology sector.

What is Webitects?

Webitects
Business ServicesSoftware TestingGraphics

Founded in 1995, Webitects is a pioneering web design and development firm based in Chicago, recognized for its early adoption and advocacy of open data principles. The company became a node of the UK-based Open Data Institute in 2013 and has been instrumental in various open data initiatives, including co-sponsoring the first Chicago City Camp and developing platforms like ChicagoLobbyists.org. Webitects has a proven track record of collaborating with government entities and non-profits, contributing to projects that foster community engagement and leverage technology for social good. Their work with Local Initiative Support Corporation and the development of community websites for underserved areas highlight a commitment to using web technologies for impactful civic engagement and economic development.

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

What's next for Webitects?

With the recent influx of capital from a major strategic investment, Webitects is poised for accelerated growth and expanded influence. The company's deep roots in open data and civic technology suggest a strategic focus on further developing platforms that promote transparency and citizen participation. Future endeavors will likely involve scaling their existing successful projects and exploring new opportunities to apply their expertise in web development and data utilization to address complex societal challenges. This late-stage funding will enable Webitects to enhance its technological infrastructure, broaden its market reach, and solidify its leadership in the civic tech landscape.

See full Webitects company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesProject ManagementAccounting for Legal Practices
Business ServicesChambers of Commerce
Advertising NetworksBusiness ServicesGraphics
Business ServicesCommercial PrintingAdvertising Networks

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.
See more information about Webitects