How Much Did TSP Raise?
Funding & Key Investors

TSP, a prominent IT services firm, has secured substantial enterprise-level capital, with its total funding reaching $5M. The company recently announced a significant strategic investment of $5M, underscoring its continued growth and market influence in the technology sector. This latest financing round, dated April 7, 2020, signals a pivotal moment for TSP as it aims to further expand its service offerings and operational reach across the United States and Canada.

What is TSP?

TSP
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Founded in 2002, TSP operates as a privately held IT services company specializing in a comprehensive suite of solutions ranging from IT infrastructure to industrial automation and controls. As a certified minority-owned business, TSP caters to a diverse clientele throughout the United States and Canada. The company's core competencies lie in delivering customized IT solutions, including maintenance, managed services, project management, and consulting, tailored to meet the unique business requirements of each client.

How much funding has TSP raised?

TSP has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in TSP

PPP

Public-Private Partnership

What's next for TSP?

The recent major strategic investment of $5M positions TSP for accelerated expansion and innovation. This capital infusion is expected to bolster the company's capabilities in industrial automation and controls, alongside its established IT infrastructure services. TSP's focus on customized solutions and its status as a minority-owned business are key differentiators that will likely be leveraged in its go-to-market strategy. The company is poised to enhance its competitive edge and pursue new opportunities within the dynamic enterprise IT services landscape.

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Frequently Asked Questions Regarding TSP Financial Insights

What are the most recent funding rounds that TSP has completed, and what were the funding rounds?
TSP has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding TSP has raised to date?
TSP has raised a total of $5M in funding to date.
How many funding rounds has TSP completed?
TSP has completed 1 funding rounds.
How much funding did TSP raise in its most recent funding round?
TSP raised $5M in its most recent funding round.
Who are the lead investors in TSP's latest funding round?
The lead investor in TSP'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 TSP's history?
The largest funding round in TSP's history was $5M.
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