How Much Did Commonwealth Payroll Raise?
Funding & Key Investors

Commonwealth Payroll has secured $34K in total investment, with a recent capital injection of $34K designated for substantial expansion. This financing round, indicative of a significant Series B/C stage, underscores the company's trajectory in the competitive staffing and recruitment sector.

What is Commonwealth Payroll?

Commonwealth Payroll
Business ServicesHuman Resources Management Systems (HRMS)

Commonwealth Payroll, based in Virginia Beach, VA, operates as a specialized provider of recruitment and staffing solutions. The company leverages advanced technology and a structured methodology to identify and vet high-caliber professionals, thereby addressing the critical talent acquisition needs of businesses. Concurrently, Commonwealth Payroll extends its services to job seekers, offering career guidance and professional representation to facilitate their career advancement. Their dual focus serves both employers seeking to fill positions and individuals pursuing new employment opportunities.

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

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 their technological infrastructure, expanding their service offerings, and potentially increasing their market reach. The company's focus on bridging the gap between employers and job seekers, combined with this recent investment, positions them for a significant scaling phase, aiming to solidify their presence and influence within the recruitment industry.

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