How Much Did Records Consultants Raise?
Funding & Key Investors

Records Consultants has successfully secured a significant capital injection, bringing its total funding to $1M. This latest infusion of $698K represents a major strategic investment aimed at bolstering the firm's enterprise-level service capabilities. By leveraging this debt financing, the company is positioned to accelerate its growth trajectory within the highly specialized niche of institutional asset management and records governance.

What is Records Consultants?

Records Consultants
Business ServicesDocument Management

Operating since 1993, Records Consultants, also known as RCI Tech, has established itself as a critical partner for schools, universities, and government entities. The firm specializes in turnkey solutions for fixed asset management and records retention, ensuring that public sector organizations remain in strict adherence to complex regulatory frameworks. Their service suite, which encompasses everything from physical inventory management to secure record destruction, is designed to drive operational efficiency and mitigate compliance risks. By providing a comprehensive lifecycle approach to asset and document management, the company serves as a vital infrastructure provider for institutions that require high-fidelity data and physical asset oversight.

How much funding has Records Consultants raised?

Records Consultants has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$698K

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

Debt (2021): $698K led by PPP

Key Investors in Records Consultants

PPP

Public-Private Partnership

What's next for Records Consultants?

With this recent capital, Records Consultants is expected to scale its service delivery model to meet the increasing demand for digital transformation in the public sector. The strategic focus will likely center on enhancing their proprietary processing technologies and expanding their footprint across broader government jurisdictions. As the regulatory landscape for data retention becomes increasingly stringent, the company is well-positioned to capture additional market share by offering cost-effective, compliant, and scalable solutions. Future growth will likely be defined by the integration of advanced tracking systems and the expansion of their secure destruction services, further cementing their role as a leader in institutional records management.

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Frequently Asked Questions Regarding Records Consultants Financial Insights

What are the most recent funding rounds that Records Consultants has completed, and what were the funding rounds?
Records Consultants has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Records Consultants has raised to date?
Records Consultants has raised a total of $1M in funding to date.
How many funding rounds has Records Consultants completed?
Records Consultants has completed 2 funding rounds.
How much funding did Records Consultants raise in its most recent funding round?
Records Consultants raised $698K in its most recent funding round.
Who are the lead investors in Records Consultants's latest funding round?
The lead investor in Records Consultants'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 Records Consultants's history?
The largest funding round in Records Consultants's history was $698K.
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