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Fsh Technologies Secures $20 M Series A Funding Led By Lachy Groom, Aiming For Nationwide Expansion And Growth In Workforce. announced it raised $24.1 Million in an initial filing from an offering of $24.1 Million
FSH Technologies has raised $20 million in a Series A funding round to enhance its people-first approach in modernizing government IT systems. The investment will help the company grow its employee base from 11 to over 45 in various roles. Additionally, FSH plans to expand its services to include transit management and accounting software. Lachy Groom led the investment round, with support from Acrew Capital and others.
Company Information
Company
FSH Technologies
Location
Philadelphia, Pennsylvania, United States
About
FSH Technologies is a woman-owned govtech startup that develops software for cities, school districts, and state agencies. The company focuses on replacing outdated government IT systems with a people-first approach. FSH aims to provide quality products and services that effectively serve local governments and their constituents. With recent funding, the company plans to expand its workforce and operations nationwide.
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PhiladelphiaInformation TechnologySoftwareGovernment