Forager
Forager is a technology company.
Financial History
Forager has raised $13.0M across 2 funding rounds.
Frequently Asked Questions
How much funding has Forager raised?
Forager has raised $13.0M in total across 2 funding rounds.
Forager is a technology company.
Forager has raised $13.0M across 2 funding rounds.
Forager has raised $13.0M in total across 2 funding rounds.
Forager Technologies, LLC is a technology company specializing in network infrastructure solutions and services for data centers, small businesses, commercial projects, and residential new construction.[1][2][4] Headquartered in Franklin, Tennessee, it provides network strategy, design, installation, security, and support, enabling clients without in-house IT teams to focus on their core operations while serving the Southeast USA and Data Center Alley in Loudoun County, Virginia.[1][4] With under 25 employees and revenue below $5 million, it partners with major tech firms and offers a 10% installation discount for new customers, emphasizing reliable IT infrastructure for sectors like government contractors, dental offices, and attorneys.[2][4]
The company builds tailored network solutions, serving small businesses, data center users, and residential clients lacking local IT presence.[1][2] It solves challenges in network setup, security, and maintenance, particularly for remote data center operations, with growth evidenced by expanded client bases and regional presence.[1][4]
Forager Technologies traces its roots to AIC Incorporated, founded by Mario and Peter, who provided computer, network infrastructure, and electronics services in the New York City area.[1] After Mario's sudden death in 1999, Peter maintained the company on a back burner while upholding certifications and clients.[1] In 2011, Peter refocused full-time, relocating to Loudoun County, Virginia, to rebuild with new clients and services centered on enabling business goals through technology.[1]
A pivotal moment came in 2015 when AIC was a finalist in the Technology category for the Loudoun County Chamber of Commerce Small Business Awards.[1][2] In 2016, it rebranded to Forager Technologies, LLC, expanding to serve the Southeast USA from its Franklin, Tennessee headquarters, including Nashville metro, Kentucky, Alabama, and data centers.[1][4]
Forager Technologies rides the trend of decentralized data center expansion and hybrid work, where businesses increasingly rely on robust, secure networks without building internal IT capabilities.[1][4] Timing aligns with "Data Center Alley" growth in Virginia and Southeast USA infrastructure booms, fueled by cloud adoption and remote operations post-pandemic.[1] Market forces like rising cybersecurity threats and data sovereignty favor its security-focused installations for government contractors and small enterprises.[1][4]
It influences the ecosystem by bridging IT gaps for non-tech firms, enabling focus on core activities amid talent shortages in network engineering, and supporting regional economic hubs through reliable infrastructure.[1][2]
Forager Technologies is poised for steady expansion by deepening data center partnerships and residential smart network demand in growing U.S. regions.[1][4] Trends like AI-driven edge computing and 5G/6G rollouts will amplify needs for its installation and security services, potentially scaling via acquisitions or tech stack integrations (e.g., Google, Oracle).[4] Its influence may evolve toward managed services models, solidifying as a niche leader in underserved Southeast and Virginia markets, much like its post-rebrand trajectory from local finalist to multi-state provider.[1][2]
Forager has raised $13.0M in total across 2 funding rounds.
Forager's investors include Altari Ventures, Grace Beauty Capital, Harrison Metal, Homebrew, Proeza Ventures, U.S. Venture Partners, Brand Foundry Ventures, Starting Line, Paul Hedrick.
Forager has raised $13.0M across 2 funding rounds. Most recently, it raised $10.0M Series A in March 2020.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Mar 1, 2020 | $10.0M Series A | Altari Ventures, Grace Beauty Capital, Harrison Metal, Homebrew, Proeza Ventures, U.S. Venture Partners | |
| Sep 1, 2019 | $3.0M Seed | Brand Foundry Ventures, Starting Line, Paul Hedrick |