How Much Did xFact Raise?
Funding & Key Investors

xFact, a provider of technology and business solutions for the public sector, has secured $350K in total capital. The company recently announced a major strategic investment of $350K, underscoring its position in the market. This latest financing round follows a history of debt financing, indicating a shift towards equity or more substantial capital infusions as the company matures.

What is xFact?

xFact
Business ServicesSoftware TestingProject Management

xFact specializes in delivering dynamic technology and business solutions tailored for the public sector, including local, state, and federal organizations. With over 20 years of experience, they focus on innovation that drives transformational change in public safety, law enforcement, and education sectors. Their services encompass cloud migration, data broker solutions, system modernization, and enterprise risk management, all designed to address the unique challenges faced by their clientele. By integrating practical strategy with modern technology, xFact aims to empower public sector organizations to achieve their objectives with confidence.

How much funding has xFact raised?

xFact has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in xFact

PPP

Public-Private Partnership

What's next for xFact?

The substantial capital infusion, particularly the recent strategic investment, positions xFact for significant scaling and further innovation within the public sector technology landscape. As a company with a long-standing presence and a focus on critical areas like public safety and government modernization, this backing is likely to fuel expansion of their service offerings, enhancement of their existing platforms, and potentially broader market penetration. The late-stage funding context suggests a focus on accelerating growth, optimizing operations, and solidifying their competitive advantage in serving government entities.

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Frequently Asked Questions Regarding xFact Financial Insights

What are the most recent funding rounds that xFact has completed, and what were the funding rounds?
xFact has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding xFact has raised to date?
xFact has raised a total of $350K in funding to date.
How many funding rounds has xFact completed?
xFact has completed 1 funding rounds.
How much funding did xFact raise in its most recent funding round?
xFact raised $350K in its most recent funding round.
Who are the lead investors in xFact's latest funding round?
The lead investor in xFact'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 xFact's history?
The largest funding round in xFact's history was $350K.
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