# OnTech Operations

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/ontech-operations

- Industry: Consumer Products
- Headquarters: San Diego, US
- Website: www.ontech.com
- Total disclosed funding: $3M
- Latest round: Series A (Dec 18, 2003)
- Investors on record: 2

## About

OnTech Operations, Inc. delivers innovative IT support and managed solutions to enhance efficiency for businesses across multiple sectors, focusing on tailored services that address unique technological needs.OnTech Operations, Inc. specializes in providing IT support services and managed solutions. Founded in San Diego, US, the company has seen strategic pivots, including a recent focus on comprehensive cybersecurity measures. The firm has raised a total of USD 3.00 mn through funding rounds, with the latest being a Series A in December 2003, led by Frontier Venture Capital and participated by Draper Fisher Jurvetson. The firm was founded by a team with experience in technology and business and is currently led by a knowledgeable CEO.OnTech Operations, Inc. specializes in delivering comprehensive IT support services and managed IT solutions aimed at enhancing operational efficiency. Their core offerings include tailored IT support, proactive asset management, Microsoft 365 support, and robust cybersecurity measures designed to meet the distinctive technology requirements of their clients. The firm serves a diverse clientele, including healthcare providers, educational institutions, professional services, and government agencies, primarily located in the Midwest region of the United States.OnTech Operations, Inc. operates on a subscription-based revenue model, allowing clients to access ongoing IT support and services. This model fosters long-term relationships with clients, leading to regular and predictable revenue streams. The firm maintains a focus on quality support and effective IT strategies, achieving a 98% client retention rate over two decades of operations.In December 2003, OnTech raised USD 3.00 mn in Series A financing to expand its service offerings and support new product development. The company plans to enhance its cybersecurity solutions and launch new IT services targeting emerging technology trends. Additionally, OnTech is focusing on expanding its presence into new markets across the Southeastern US by 2025, utilizing recent funding to bolster its marketing and operational capacities in these regions.

## Funding rounds

- Series A, Dec 18, 2003, $3M — Draper Fisher Jurvetson, Frontier Venture Capital

## Investors

- Draper Fisher Jurvetson (https://capitalatlas.ai/funds/draper-fisher-jurvetson) — Series A
- Frontier Venture Capital (https://capitalatlas.ai/funds/frontier-venture-capital) — Series A