Nexus IT Consultants
Provides cyber security solutions.
- Digital services
- Consulting
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $60.0m | Growth Equity VC | |
| Total Funding | 000k | ||
Nexus IT Consultants, established in 1998 in Utah, operates as a managed IT services provider (MSP) targeting the specific needs of small to medium-sized businesses (SMBs). The company was founded by Earl Foote, who transitioned from a background in civil engineering to information technology after recognizing a significant gap in professional IT support for the local business community. Beginning with a modest $500 personal investment, Foote initially focused on building custom computer systems for audio/visual studios before pivoting to generalized IT support to meet growing market demand.
The firm's business model is centered on providing comprehensive, outsourced IT departments for its clients, functioning as a strategic partner rather than just a break-fix service. Revenue is primarily generated through a recurring, monthly utility-based model, where clients receive a full suite of services for a flat fee. This “IT-as-infrastructure” solution includes hardware, software, and continuous support without requiring upfront capital investment from the client. This proactive approach aims to provide SMBs with the technological capabilities of a larger enterprise, focusing on system stability, security, and efficiency to reduce the total cost of ownership.
Nexus IT Consultants offers a robust portfolio of services, including managed IT, cybersecurity, cloud solutions, VoIP phone services, and strategic IT consulting. A core offering is their all-inclusive "IT as a Service" package, which bundles cloud resources, hardware, Microsoft Office, 24/7/365 support, and disaster recovery. The company serves a diverse client base, from brewing companies and retail outfitters to civil engineers and veterinary clinics, primarily in Northern Utah but also providing services nationwide. By customizing solutions based on an in-depth analysis of a client's needs, objectives, and budget, the company ensures that its technology framework can scale with a client's growth.
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