How Much Did Broad Temps Raise?
Funding & Key Investors

Broad Temps has successfully secured a significant capital injection, marking a pivotal moment in its corporate evolution. With a total historical investment reaching $81K, the firm is well-positioned to leverage the $81K recently acquired to accelerate its market penetration. This latest financing round underscores investor confidence in the company's ability to navigate the complexities of the modern labor market while maintaining a robust balance sheet.

What is Broad Temps?

Broad Temps
Business ServicesHuman Resources Management Systems (HRMS)

Broad Temps Inc. operates as a specialized provider of comprehensive payrolling and temporary personnel services. By integrating employee onboarding, payroll processing, and detailed reporting into a unified service model, the company addresses the critical administrative burdens faced by modern enterprises. Their core competency lies in the clerical and administrative staffing sectors, where they provide contract-based talent solutions that allow clients to optimize their operational efficiency. By outsourcing these labor-intensive functions, businesses can significantly reduce overhead costs and focus on core strategic initiatives, positioning Broad Temps as an essential partner in the contemporary gig and contract economy.

How much funding has Broad Temps raised?

Broad Temps has raised a total of $81K across 1 funding round:

2021

Debt

$81K

Debt (2021): $81K with participation from PPP

Key Investors in Broad Temps

PPP

Public-Private Partnership

What's next for Broad Temps?

With the infusion of this substantial expansion capital, Broad Temps is poised to scale its infrastructure and enhance its technological capabilities. The strategic roadmap likely involves upgrading its proprietary payroll processing systems and expanding its footprint in key administrative staffing markets. As the company transitions through this growth phase, the focus will remain on digitizing the onboarding experience and deepening its penetration into high-demand sectors. By prioritizing operational excellence and service scalability, Broad Temps aims to solidify its market position as a leader in workforce management, ensuring that it remains a preferred partner for organizations seeking to streamline their employment administration in an increasingly competitive landscape.

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Frequently Asked Questions Regarding Broad Temps Financial Insights

What are the most recent funding rounds that Broad Temps has completed, and what were the funding rounds?
Broad Temps has recently completed 1 funding rounds: Debt on Feb 8, 2021.
What is the total amount of funding Broad Temps has raised to date?
Broad Temps has raised a total of $81K in funding to date.
How many funding rounds has Broad Temps completed?
Broad Temps has completed 1 funding rounds.
How much funding did Broad Temps raise in its most recent funding round?
Broad Temps raised $81K in its most recent funding round.
Who are the lead investors in Broad Temps's latest funding round?
The lead investor in Broad Temps's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Broad Temps's history?
The largest funding round in Broad Temps's history was $81K.
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