C1

C1

IT solutions provider for cloud infrastructure

Overview

Venture Technologies provides IT solutions including premise infrastructure, collaboration tools, and cloud services to clients across the United States. It helps organizations modernize and manage their technology by designing and operating data center and cloud deployments and collaboration systems. Unlike many competitors, it leverages long regional experience together with the broader resources of ConvergeOne after its 2019 integration, expanding service reach. Its goal is to deliver reliable IT infrastructure and cloud services while growing capabilities and opportunities for its employees within a larger nationwide organization.

About C1

Simplify's Rating
Why C1 is rated
C-
Rated C on Competitive Edge
Rated C on Growth Potential
Rated D+ on Differentiation

Industries

Data & Analytics

Consulting

Enterprise Software

Company Size

1,001-5,000

Company Stage

Debt Financing

Total Funding

$44.3M

Headquarters

Ridgeland, Mississippi

Founded

1986

People at C1

People at C1 who can refer or advise you

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Simplify's Take

What believers are saying

  • C1's AI portfolio enables businesses to track enterprise AI value by rationalizing investments and measuring ROI, shifting focus from pilots to real business value.
  • C1's leadership emphasizes AI-powered automation and security-first adoption, aligning with emerging best practices for turning AI into measurable business outcomes.
  • C1's outcome-driven approach ensures organizations redesign processes for optimal efficiency before applying AI automation, eliminating complexity and focusing on high-impact opportunities.

What critics are saying

  • C1 emerged from mid-2024 bankruptcy with ~80% debt reduction but restricted capital flexibility, causing a 12–18 month innovation lag in AI and infrastructure upgrades.
  • C1's new board prioritizes margin accretion over growth, threatening to divest underperforming cloud/data center units inherited from Venture Technologies within 6–12 months.
  • C1's 2025 AI portfolio lacks proprietary models and relies on partners, making it vulnerable to faster competitors like AWS and Microsoft who could capture 20–30% of deals by 2027.

What makes C1 unique

  • C1 delivers outcome-driven AI solutions across customer experience, infrastructure, and cyber security to address the 56% of CEOs seeing no AI revenue gains.
  • C1 uses the proven Outcome-Driven Innovation framework to redesign processes for efficiency before applying AI, eliminating complexity and focusing on high-impact opportunities.
  • C1 holds Cisco 360 Preferred Partner status across all six portfolios, validating its architectural depth and lifecycle engagement capabilities in secure and AI-ready environments.

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Funding

Total Funding

$44.3M

Above

Industry Average

Funded Over

2 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

401(k) Retirement Plan

401(k) Company Match

Health Insurance

Health Savings Account/Flexible Spending Account

Fertility Treatment Support

Dental Insurance

Vision Insurance

Pre-tax Commuter Plans

Employer-paid Life Insurance

Employer-paid Short + Term Disability

Long Term Disability

Parental Leave

Volunteer Time Off

Legal Services

Wellness Program

Paid Holidays

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

-2%

2 year growth

-4%
Aragon Research
Sep 10th, 2021
Venture Technologies invests into Mobius Labs in $6M

A computer vision startup named Mobius Labs has just secured $6 million in funding from a series A round led by French VC firm, Ventech.

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