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HomeFunding NC-based TechGrid Secures $9.2Million in Series A Round Funding

[Funding alert] NC-based TechGrid Secures $9.2Million in Series A Round Funding

TechGrid, a company that provides a commercial platform for technology service providers secures $9.2million in series A round funding.

TechGrid, a company that provides a commercial platform for technology service providers secures $9.2million in series A round funding.

Leading the round was Bellini Capital. The money will be used by the business to expand and enhance the platform. TechGrid is a software company led by founder and CEO Philip Wegner that streamlines workflows for selling, fulfilling, and managing IT solutions provided to businesses. TechGrid builds modern infrastructure for Tech Service Providers, including Managed Service Providers (MSPs) and Value-Added Resellers (VARs).

The company’s main offering is a business automation platform that IT service providers may use to create, market, and distribute IT solutions as-a-service online. With easy-to-use workflows, it integrates CPQ, finance, fulfilment, partners, tools, and customer experience.

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Three crucial components make up TechGrid’s business automation platform, which helps Tech Service Providers market, supply, oversee, and finance technology solutions. These elements consist of:

Marketplace: Partners are immediately included in the service provider’s workflow. Resellers have the same customisation and delivery options as the Shopify App Store, as well as the ability to activate new services and apps for sale.

Workflow Software: Hardware and licencing, services, apps, and internet access may all be easily bundled into a subscription model with TechGrid’s Configure, Price, Quote (CPQ) engine, which includes embedded finance.

Commerce: The platform for commerce consists of a digital catalogue wherein goods, services, apps, and internet access are stored. This allows the service provider to create solutions and sell them through online storefronts or traditional channels like quotations.

About TechGrid

TechGrid is a tech services platform that links companies with a network of accredited Tech Service Providers (TSPs) and partners. Businesses propel communities’ growth and economic prosperity. They manage their enterprises with the use of technology. TechGrid facilitates the provision of technological infrastructure for businesses by enabling and connecting an ecosystem of IT Service Providers and Partners.

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