What is The ASCII Group?
The ASCII Group stands as the oldest and largest independent IT community globally, comprising over 1,300 Managed Service Provider (MSP) members across North America. For over three decades, ASCII has served as a critical growth accelerator for MSPs, furnishing them with indispensable resources, advanced tools, and comprehensive programs essential for business advancement. Its community-driven model fosters invaluable peer knowledge exchange, provides robust marketing resources, and facilitates advantageous group purchasing, thereby empowering its members to thrive in the competitive IT landscape.
How much funding has The ASCII Group raised?
The ASCII Group has raised a total of $408K across 2 funding rounds:
Debt
$150K
Debt
$258K
Debt (2020): $150K with participation from PPP
Debt (2021): $258K led by PPP
Key Investors in The ASCII Group
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for The ASCII Group?
With its substantial late-stage funding, The ASCII Group is poised for accelerated expansion and enhanced service delivery. The recent strategic investment will likely fuel initiatives aimed at broadening its member support programs, investing in new technologies, and potentially exploring strategic partnerships or acquisitions to further consolidate its leadership in the IT community. This capital will enable ASCII to deepen its value proposition to its MSP members, reinforcing its role as a vital growth engine within the North American IT ecosystem.
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