How Much Did Wizard IT Raise?
Funding & Key Investors

Wizard IT has secured $12K in a recent funding round, contributing to a total funding amount of $12K. This capital infusion signals a significant growth phase for the company, which operates within the competitive IT services sector.

What is Wizard IT?

Wizard IT
Business ServicesSoftware Testing

Wizard IT specializes in providing expert IT services tailored for startup and mid-sized businesses, addressing common technology headaches that hinder productivity. The company offers enterprise-grade IT consulting and cost-saving solutions, leveraging a proprietary "Business in a Box" IT Platform. This platform integrates trusted vendors like Microsoft, Barracuda, and Solarwinds, focusing on Microsoft Office 365 with add-ons for remote access, monitoring, antivirus, patch management, backup, and automation. Wizard IT aims to convert high capital IT expenses into low-cost operational services, moving clients away from expensive, outdated infrastructure towards affordable cloud solutions. Their service portfolio includes IT assessments, cloud and infrastructure services, disaster recovery, hardware, security, telecommunications, server environments, and network infrastructures.

How much funding has Wizard IT raised?

Wizard IT has raised a total of $12K across 1 funding round:

2021

Debt

$12K

Debt (2021): $12K with participation from PPP

What's next for Wizard IT?

With its recent capital injection, Wizard IT is poised for accelerated growth and market expansion. The company's focus on providing scalable, cost-effective IT solutions positions it well to capture a larger share of the small to mid-sized business market. Future strategic initiatives will likely involve enhancing their "Business in a Box" platform, expanding service offerings, and potentially exploring new geographic markets. The Series A/B growth stage funding indicates a strategic push towards scaling operations and solidifying its competitive advantage in the managed IT services landscape.

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Frequently Asked Questions Regarding Wizard IT Financial Insights

What are the most recent funding rounds that Wizard IT has completed, and what were the funding rounds?
Wizard IT has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding Wizard IT has raised to date?
Wizard IT has raised a total of $12K in funding to date.
How many funding rounds has Wizard IT completed?
Wizard IT has completed 1 funding rounds.
How much funding did Wizard IT raise in its most recent funding round?
Wizard IT raised $12K in its most recent funding round.
Who are the lead investors in Wizard IT's latest funding round?
The lead investor in Wizard IT'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 Wizard IT's history?
The largest funding round in Wizard IT's history was $12K.
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