How Much Did Hi-Tek Raise?
Funding & Key Investors

Hi-Tek has secured $150K in total funding, with its most recent capital infusion amounting to $150K. This major strategic investment marks a significant milestone for the company, underscoring its established position in the market and its potential for continued expansion. The company's financial trajectory, highlighted by this recent backing, points towards a phase of accelerated growth and strategic development.

What is Hi-Tek?

Hi-Tek
Business ServicesSoftware Testing

Hi-Tek specializes in providing managed IT services meticulously designed for small to mid-sized businesses operating within Long Island and New York City. Their comprehensive service portfolio encompasses essential areas such as IT support, robust cyber security solutions, advanced cloud computing, and bespoke application development. This integrated approach ensures that clients' IT infrastructures are managed with peak efficiency and security. Hi-Tek Data distinguishes itself through a commitment to concierge-level service, focusing on safeguarding sensitive client information and optimizing business operations. Their unique blend of local expertise and the capacity for nationwide coverage positions them as a dependable IT partner across a diverse range of industries.

How much funding has Hi-Tek raised?

Hi-Tek has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Hi-Tek?

The substantial late-stage funding Hi-Tek has attracted signals a strategic pivot towards scaling operations and potentially expanding its market reach. This capital injection is likely to fuel advancements in their service offerings, particularly in areas like cyber security and custom app development, to meet the evolving demands of their target clientele. Furthermore, the investment may facilitate strategic partnerships or acquisitions to enhance their competitive edge. Hi-Tek's focus on managed IT services for SMBs positions it well to capitalize on the increasing reliance of businesses on robust and secure IT infrastructure, suggesting a future geared towards sustained growth and market leadership.

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Frequently Asked Questions Regarding Hi-Tek Financial Insights

What are the most recent funding rounds that Hi-Tek has completed, and what were the funding rounds?
Hi-Tek has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Hi-Tek has raised to date?
Hi-Tek has raised a total of $150K in funding to date.
How many funding rounds has Hi-Tek completed?
Hi-Tek has completed 1 funding rounds.
How much funding did Hi-Tek raise in its most recent funding round?
Hi-Tek raised $150K in its most recent funding round.
Who are the lead investors in Hi-Tek's latest funding round?
The lead investor in Hi-Tek'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 Hi-Tek's history?
The largest funding round in Hi-Tek's history was $150K.
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