FundedIQ

Funded IT Services and IT Consulting Startups in United States

Among the 14 most recent IT services and IT consulting rounds shown, the only disclosed round above $50M is Mechanical Orchard’s Series B ($50M on 2024-08-…

Among the 14 most recent IT services and IT consulting rounds shown, the only disclosed round above $50M is Mechanical Orchard’s Series B ($50M on 2024-08-06); four other disclosed deals cluster at $60M (Raft, 2024-04-10) and $60M (Mako Networks, 2022-11-07), while Astria’s $13M (2024-07-01) sits far below the top tier. Amounts also show a wide outlier gap at the low end: the smallest disclosed round is $250K for Tangenesis (Seed, 2024-06-14), compared with the $1M floor reached by Bricz (2022-11-15, $1M).

The list is temporally concentrated: 11 of 14 rounds fall between 2022-11-07 and 2024-09-17, with a particularly tight cluster from 2023-07-13 to 2024-08-06 (Local Civics $150K on 2023-07-13 through Mechanical Orchard $50M on 2024-08-06). Geography leans heavily to New York (Astria, 2024-07-01; Mage, 2023-11-27; Optiwatt, 2023-09-14; Local Civics, 2023-07-13), and stage classification is dominated by “Series Unknown” (9 of 14 entries), with two “undisclosed” amounts (GO TO-U on 2025-04-16; Four Inc on 2024-09-17). The rounds span 2022-11-07 through the most recent date shown, 2025-04-16 (GO TO-U).

Most recent rounds

14 shown

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Frequently asked

What stands out in disclosed deal size for IT services and consulting rounds here, and how does it compare with the rest?

Mechanical Orchard’s $50M Series B (2024-08-06) is the clearest top-end anchor among disclosed amounts, while many other disclosed rounds sit well below it, including Astria’s $13M (2024-07-01) and Astria’s same-year peers like Optiwatt at $6M (2023-09-14). At the low end, Tangenesis is a separate tail at $250K (Seed, 2024-06-14), versus the $1M disclosure floor seen with Bricz ($1M on 2022-11-15).

Is there a tight time window where multiple rounds are concentrated, or are they evenly spread?

They are not evenly spread: 11 of 14 rounds land from 2022-11-07 (Mako Networks) through 2024-09-17 (Four Inc). A notable continuous run runs from 2023-07-13 (Local Civics, $150K) through 2024-08-06 (Mechanical Orchard, $50M), suggesting activity that persists across multiple quarters rather than a single burst.

Which cities appear repeatedly, indicating geographic over-representation?

New York shows the clearest concentration with four entries: Astria (2024-07-01, $13M), Mage (2023-11-27, $3M), Optiwatt (2023-09-14, $6M), and Local Civics (2023-07-13, $150K). California also repeats with San Francisco (Mechanical Orchard, 2024-08-06; Optiwatt, 2023-09-14) plus San Jose (Dojoit, 2022-11-18, $90K) and Los Angeles (GO TO-U, 2025-04-16, undisclosed).

How dominant is “Series Unknown,” and what does that imply for interpreting stage mix?

“Series Unknown” appears in 9 of 14 entries, making it the majority classification across this slice; only a handful have explicit stages (e.g., Seed: Tangenesis $250K on 2024-06-14 and Mage $3M on 2023-11-27; Series A: Kanarys $5M on 2023-02-15; Series B: Mechanical Orchard $50M on 2024-08-06). Two additional entries are “undisclosed” by amount (GO TO-U on 2025-04-16 and Four Inc on 2024-09-17), further limiting size-based stage inference.

Which recent rounds fall closest to the newest date shown (2025-04-16), based on the entries in this list?

Only two rows are within about one year of the most recent date shown: GO TO-U’s 2025-04-16 round (undisclosed) and Four Inc’s 2024-09-17 round (undisclosed). The next closest disclosed sizes after that are Mechanical Orchard ($50M on 2024-08-06) and Astria ($13M on 2024-07-01).

Are there outliers where disclosed amounts are dramatically larger or smaller than the rest of the table?

Yes. On the low side, Tangenesis’ $250K (Seed, 2024-06-14) is the smallest disclosed amount by a wide margin versus Bricz at $1M (2022-11-15) and Kanarys at $5M (2023-02-15). On the high side, the top-tier disclosed amounts include $60M for Raft (2024-04-10) and $60M for Mako Networks (2022-11-07), which sit well above many other disclosed rounds like Optiwatt’s $6M (2023-09-14).

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