What is 347 Group?
347 Group, Inc. is a comprehensive staffing solutions provider with a specialized focus on the Architecture, Engineering, and Construction (A/E/C), Environmental, and Utility sectors. Operating as a Disabled Veteran Business Enterprise (DVBE) and Service Disabled Veteran Owned Small Business (SDVOSB), the firm excels in identifying and placing high-caliber talent that aligns with client organizational cultures. Leveraging over three decades of industry experience, 347 Group offers flexible staffing options, including contract, temporary, and direct-hire placements, prioritizing speed and precision in their recruitment process. Their dual mission involves assisting clients in achieving their supplier diversity objectives while simultaneously fostering the career progression of candidates.
How much funding has 347 Group raised?
347 Group has raised a total of $2M across 2 funding rounds:
Debt
$350K
Debt
$1.6M
Debt (2020): $350K with participation from PPP
Debt (2021): $1.6M led by PPP
Key Investors in 347 Group
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for 347 Group?
The recent major strategic investment in 347 Group signals a commitment to further solidifying its market position and potentially expanding its service offerings or geographical reach. Given the company's established track record and focus on specialized industries, this capital infusion is likely to support operational enhancements, technological advancements in recruitment, or strategic partnerships. As a mature entity in the staffing sector, 347 Group is well-positioned to leverage this financing for continued expansion and to reinforce its role as a key talent acquisition partner for major enterprises.
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