Center has raised $38.0M in total across 2 funding rounds.
Center's investors include Madrona Ventures, Revolution, Sierra Ventures, Top Tier Capital Partners, Tom Williams.
Centre Technologies is a full-service IT solutions provider specializing in managed IT services, cloud solutions, cybersecurity, hardware/software reselling, and consulting for small and medium-sized businesses (SMBs), primarily in Texas and neighboring states like Oklahoma and Louisiana.[1][2][3][5] Headquartered in Houston, Texas, the company offers its proprietary "C-Stack" suite, combining products and consultative services to deliver customized hardware, software, support, security, and infrastructure solutions that are often cost-prohibitive for SMBs otherwise.[1][3][5] It serves industries including oil and gas, finance, manufacturing, energy, legal, and startups, acting as a Managed Service Provider (MSP), Cloud Solution Provider (CSP), and Managed Security Service Provider (MSSP) to enhance business operations and security.[2][5] With approximately 200 employees and $43.5 million in revenue, Centre has shown strong growth, doubling headcount since 2019 via organic expansion and acquisitions, backed by Main Street Capital Corporation.[1][2][4]
Founded in 2006 (with some sources noting 2005) by Chris (full name not specified in sources), Centre Technologies emerged from his experience at Value-Added Reseller (VAR) and Managed Service Provider (MSP) firms, where he identified gaps in strategic partnerships and consulting expertise.[1][2][3][4][5] Chris developed the Value-Added Partner (VAP) model, emphasizing tailored, layered IT solutions beyond mere reselling, including strategic planning and post-implementation support to drive long-term business growth.[5] Early focus was on Houston, providing mission-critical IT for SMBs; pivotal growth came in 2019 with recapitalization investment from Main Street Capital Corporation, enabling headcount to double from ~100 to over 200 employees and three strategic acquisitions expanding into Austin, San Antonio, Dallas, New Orleans, and Oklahoma.[1][3] This partnership has fueled ongoing organic and inorganic expansion.[1]
Centre Technologies rides the wave of SMB digital transformation, where rising cybersecurity threats, cloud adoption, and hybrid work demand affordable, integrated IT without in-house teams—trends accelerated post-pandemic.[2][5][7] Timing aligns with SMBs' need for cost-effective alternatives to enterprise IT, especially in energy-heavy Texas amid oil/gas digitization and manufacturing automation.[1][2] Market forces like increasing cyber risks and public cloud growth (e.g., Azure, O365) favor its MSSP/MSP hybrid model, enabling SMBs to access enterprise-grade tools.[2][3] Centre influences the ecosystem by supporting startups, expanding via acquisitions, and fostering regional tech resilience in the U.S. South, backed by investors like Main Street to scale amid private equity-driven consolidation in IT services.[1][3]
Centre Technologies is poised for continued expansion through Texas-adjacent markets and further acquisitions, leveraging Main Street's support to target high-growth SMB sectors like energy and finance amid escalating cloud/cyber demands.[1][2] Trends like AI-driven security, hybrid cloud proliferation, and SMB outsourcing will shape its trajectory, potentially boosting revenue beyond $43.5M via national scaling.[2][4][5] Its influence may evolve as a regional IT powerhouse, humanizing tech delivery for SMBs while riding consolidation waves—reinforcing its role as the go-to partner that turns complex IT into sustainable business value.[1][5][7]
Center has raised $38.0M across 2 funding rounds. Most recently, it raised $30.0M Series C in December 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Dec 1, 2023 | $30.0M Series C | Madrona Ventures, Revolution, Sierra Ventures, Top Tier Capital Partners, Tom Williams | |
| Apr 1, 2020 | $8.0M Series A | Madrona Ventures |
