How Much Did Commonwealth Payroll Raise?
Funding & Key Investors

Commonwealth Payroll has secured $34K in total investment, with a recent capital infusion of $34K designated for substantial expansion. This financing round underscores the company's robust growth trajectory and its strategic positioning within the competitive staffing and recruitment sector. The company's ability to attract significant backing highlights its proven model and market demand.

What is Commonwealth Payroll?

Commonwealth Payroll
Business ServicesHuman Resources Management Systems (HRMS)

Commonwealth Payroll, based in Virginia Beach, VA, is a specialized provider of recruitment and staffing solutions. Leveraging advanced technology and a refined methodology, the company excels at identifying and evaluating top-tier professional talent to fulfill client hiring requirements. Beyond serving businesses, Commonwealth Payroll also offers career guidance and representation for job seekers, facilitating career advancement. Their dual focus on employer needs and job seeker aspirations solidifies their role as a key intermediary in the talent acquisition ecosystem.

How much funding has Commonwealth Payroll raised?

Commonwealth Payroll has raised a total of $34K across 1 funding round:

2021

Debt

$34K

Debt (2021): $34K with participation from PPP

Key Investors in Commonwealth Payroll

PPP

Public-Private Partnership

What's next for Commonwealth Payroll?

With substantial expansion capital secured, Commonwealth Payroll is poised for accelerated growth. This strategic financing is expected to fuel initiatives aimed at enhancing service offerings, expanding market reach, and potentially investing in further technological advancements to optimize their recruitment processes. The company's current Series B/C stage suggests a focus on scaling operations and solidifying market leadership, positioning them for continued success and further investment opportunities.

See full Commonwealth Payroll company page
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Frequently Asked Questions Regarding Commonwealth Payroll Financial Insights

What are the most recent funding rounds that Commonwealth Payroll has completed, and what were the funding rounds?
Commonwealth Payroll has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Commonwealth Payroll has raised to date?
Commonwealth Payroll has raised a total of $34K in funding to date.
How many funding rounds has Commonwealth Payroll completed?
Commonwealth Payroll has completed 1 funding rounds.
How much funding did Commonwealth Payroll raise in its most recent funding round?
Commonwealth Payroll raised $34K in its most recent funding round.
Who are the lead investors in Commonwealth Payroll's latest funding round?
The lead investor in Commonwealth Payroll'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 Commonwealth Payroll's history?
The largest funding round in Commonwealth Payroll's history was $34K.
See more information about Commonwealth Payroll