Intrinsic is a technology company.
Intrinsic has raised $125.0M across 2 funding rounds.
Intrinsic has raised $125.0M in total across 2 funding rounds.
Intrinsic Technology is a woman and minority-owned technology company based in New York that provides comprehensive managed IT services, cybersecurity, cloud solutions, and hardware procurement primarily for small and mid-size businesses. Their product suite includes managed IT security, VOIP GSM services, multi-function printer (MFP) hardware and service, security systems, and remote monitoring, all consolidated under one roof to streamline vendor management for clients. Intrinsic serves a diverse clientele including healthcare providers, financial services, construction, legal, non-profits, and retail sectors, focusing on delivering intelligent IT solutions that enhance operational efficiency and security. Their approach leverages automation to eliminate manual IT tasks, enabling faster, more transparent, and customer-centric support[1][4][5].
Intrinsic Technology was founded as a woman and minority-owned business with a mission to empower customers, coworkers, and the community through technology. While the exact founding year is not explicitly stated, the company has evolved into a multidisciplinary managed IT service provider with a flat organizational structure encouraging collaboration and innovation. Their consultative approach emerged from recognizing the challenges small and mid-size businesses face in managing multiple technology vendors and complex IT infrastructures. Early pivotal moments include developing automated infrastructure patch management and a transparent platform that provides clients with real-time visibility into support requests, device performance, and security compliance, which helped establish their reputation for reliable and efficient IT service delivery[1][4].
Intrinsic Technology operates at the intersection of growing demand for managed IT services and cybersecurity in the small and mid-size business segment. The increasing complexity of IT environments, rising cyber threats, and the shift toward cloud and hybrid infrastructures create a favorable market environment for Intrinsic’s integrated and automated solutions. Their focus on automation and transparency aligns with broader industry trends emphasizing operational efficiency, security compliance, and customer experience. By consolidating multiple IT functions and vendors, Intrinsic helps businesses adapt to evolving technology demands while reducing operational risks and costs, thereby influencing the broader ecosystem of managed service providers and IT security firms[1][4][5].
Looking ahead, Intrinsic Technology is well-positioned to capitalize on the accelerating adoption of cloud computing, cybersecurity solutions, and automation in IT operations. Continued innovation in automation and client transparency platforms will likely enhance their competitive edge. As cyber threats evolve, their next-generation security offerings will become increasingly critical for clients. The company’s commitment to diversity and community empowerment may also strengthen its brand and client loyalty. Future growth may involve expanding service offerings, deepening partnerships, and scaling their platform to serve larger enterprises while maintaining their strong foothold in the SMB market[1][4][5].
Intrinsic has raised $125.0M in total across 2 funding rounds.
Intrinsic's investors include 7wire Ventures, Bessemer Venture Partners, Define Ventures.
Intrinsic has raised $125.0M across 2 funding rounds. Most recently, it raised $15.0M Series A in May 2023.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 1, 2023 | $15.0M Series A | 7wire Ventures, Bessemer Venture Partners, Define Ventures | |
| Jun 1, 2021 | $110.0M Series A | 7wire Ventures, Bessemer Venture Partners, Define Ventures |