What is Employers Reference Source?
Founded in 1990, Employers Reference Source, Inc. specializes in providing comprehensive background checks and screening services for employers, primarily within Connecticut. Their service portfolio encompasses criminal background checks, employment and education verifications, drug screenings, and reference checks. The core mission of Employers Reference Source is to empower businesses with fast, reliable, and compliant information, thereby facilitating informed hiring decisions and fostering confidence in team building. The company emphasizes quality and robust support to ensure client peace of mind.
How much funding has Employers Reference Source raised?
Employers Reference Source has raised a total of $117K across 1 funding round:
Debt
$117K
Debt (2021): $117K with participation from PPP
Key Investors in Employers Reference Source
PPP
Public-Private Partnership
What's next for Employers Reference Source?
The substantial capital infusion, particularly the recent strategic investment, positions Employers Reference Source for significant scaling and market penetration. As a company with a long-standing history, this late-stage funding likely supports initiatives such as technological advancements in their screening processes, expansion into new geographic markets, or the enhancement of their service offerings to meet evolving employer demands. The strategic nature of the investment suggests a focus on long-term value creation and competitive positioning within the human resources and compliance sector.
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