How Much Did Elevate Workforce Raise?
Funding & Key Investors

Elevate Workforce has secured $768K in total capital, with its most recent financing round bringing in $418K. This enterprise-level funding underscores the company's significant traction and strategic importance in the workforce solutions sector.

What is Elevate Workforce?

Elevate Workforce
Business ServicesHuman Resources Management Systems (HRMS)

Elevate Workforce specializes in providing a comprehensive suite of staffing and HR services, designed to meet the unique needs of each client. The company offers flexible staffing models for both temporary and permanent placements, supplying a broad spectrum of personnel from unskilled labor to highly-skilled trades. Elevate Workforce is particularly recognized for its capability in assembling large teams for industrial, commercial, and environmental contractors, manufacturing facilities, warehousing, transportation, and disaster response operations. Their proven track record includes providing personnel for major events such as the Gulf Oil Spill in 2010 and significant natural disaster recovery efforts in recent years, demonstrating their capacity for rapid deployment and onsite project management.

How much funding has Elevate Workforce raised?

Elevate Workforce has raised a total of $768K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$418K

Debt (2020): $350K with participation from PPP

Debt (2021): $418K led by PPP

What's next for Elevate Workforce?

The recent major strategic investment signals a new phase of growth and operational scaling for Elevate Workforce. This capital infusion is expected to bolster the company's capacity to respond to large-scale industrial needs and disaster recovery projects, potentially expanding its geographic reach and service offerings. Elevate Workforce's commitment to safety, including 100% OSHA compliance and drug-free workplaces, is a foundational element that will likely continue to drive its expansion and solidify its reputation as a trusted provider of essential workforce solutions.

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Frequently Asked Questions Regarding Elevate Workforce Financial Insights

What are the most recent funding rounds that Elevate Workforce has completed, and what were the funding rounds?
Elevate Workforce has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on May 3, 2020.
What is the total amount of funding Elevate Workforce has raised to date?
Elevate Workforce has raised a total of $768K in funding to date.
How many funding rounds has Elevate Workforce completed?
Elevate Workforce has completed 2 funding rounds.
How much funding did Elevate Workforce raise in its most recent funding round?
Elevate Workforce raised $418K in its most recent funding round.
Who are the lead investors in Elevate Workforce's latest funding round?
The lead investor in Elevate Workforce'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 Elevate Workforce's history?
The largest funding round in Elevate Workforce's history was $418K.
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