How Much Did Concord Raise?
Funding & Key Investors

Concord, an IT consulting firm established in 2003, has secured major enterprise-level funding, with its total funding reaching $2M. The company recently received an undisclosed amount of capital on April 6, 2021, contributing to its overall financial growth. This strategic investment underscores Concord's position in the IT services market.

What is Concord?

Concord
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Headquartered in Hopkins, Minnesota, Concord is an IT consulting firm that specializes in a comprehensive suite of services. These include advisory services, digital and user experience design, cloud applications and integration, data solutions and analytics, and information security solutions. The company's broad expertise allows it to address complex business challenges for its enterprise clients, positioning it as a key player in the technology consulting sector.

How much funding has Concord raised?

Concord has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Concord

PPP

Public-Private Partnership

What's next for Concord?

With the recent infusion of capital and a history of significant enterprise-level backing, Concord is poised for continued expansion and innovation. The company's focus on critical IT domains such as cloud, data, and security suggests a strategic direction aimed at capitalizing on current market demands. This investment will likely fuel further development of its service offerings, enhance its market reach, and support its mission to provide cutting-edge IT solutions to its clientele. Concord's trajectory indicates a strong commitment to growth and technological advancement.

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Frequently Asked Questions Regarding Concord Financial Insights

What are the most recent funding rounds that Concord has completed, and what were the funding rounds?
Concord has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Concord has raised to date?
Concord has raised a total of $2M in funding to date.
How many funding rounds has Concord completed?
Concord has completed 1 funding rounds.
How much funding did Concord raise in its most recent funding round?
Concord raised $2M in its most recent funding round.
Who are the lead investors in Concord's latest funding round?
The lead investor in Concord'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 Concord's history?
The largest funding round in Concord's history was $2M.
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