How Much Did Xtracit Raise?
Funding & Key Investors

Xtracit has secured $1M in total enterprise-level funding, with its most recent capital injection amounting to $1M from a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the competitive IT solutions market.

What is Xtracit?

Xtracit
Business ServicesSoftware Testing

XtracIT is a prominent IT solution provider that specializes in a comprehensive suite of services, including DevOps, Robotic Process Automation, Cloud Services, and Software Development. The company is dedicated to transforming businesses across diverse sectors such as Health Care, Finance, Banking, and Media by strategically implementing emerging technologies. XtracIT's core mission revolves around delivering innovative, adaptable, and cost-effective IT solutions precisely tailored to meet the unique requirements of its clientele. Their operational philosophy emphasizes ethical business practices and collaborative efforts, fostering robust relationships with both clients and employees.

How much funding has Xtracit raised?

Xtracit has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Xtracit

PPP

Public-Private Partnership

What's next for Xtracit?

The recent major strategic investment positions Xtracit for accelerated expansion and further technological innovation. This capital infusion is expected to fuel the company's efforts in enhancing its service offerings, particularly in areas like AI-driven automation and advanced cloud infrastructure. Xtracit is poised to deepen its market penetration within its key sectors, leveraging this financial backing to scale operations and solidify its competitive advantage. The company's focus on delivering tailored, cost-effective solutions suggests a strategic approach to client acquisition and retention, aiming for sustained growth and market leadership.

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Frequently Asked Questions Regarding Xtracit Financial Insights

What are the most recent funding rounds that Xtracit has completed, and what were the funding rounds?
Xtracit has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Xtracit has raised to date?
Xtracit has raised a total of $1M in funding to date.
How many funding rounds has Xtracit completed?
Xtracit has completed 1 funding rounds.
How much funding did Xtracit raise in its most recent funding round?
Xtracit raised $1M in its most recent funding round.
Who are the lead investors in Xtracit's latest funding round?
The lead investor in Xtracit'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 Xtracit's history?
The largest funding round in Xtracit's history was $1M.
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