What is Excelforce?
Excelforce is a New York State-based provider of comprehensive payroll, HR, benefits, and workforce management services. Specializing in tailored human capital management solutions, the company serves businesses across healthcare, manufacturing, and retail industries. Excelforce leverages a cloud-based platform to streamline recruitment, employee management, and payroll processes, aiming to enhance organizational efficiency and reduce operational costs through personalized customer service and innovative technology.
How much funding has Excelforce raised?
Excelforce has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$890K
Debt (2020): $350K with participation from PPP
Debt (2025): $890K, investors not publicly disclosed
Key Investors in Excelforce
PPP
Public-Private Partnership
What's next for Excelforce?
The recent major strategic investment signifies Excelforce's transition into a mature enterprise-level stage, likely focusing on scaling its operations, expanding its market reach, and further developing its technology infrastructure. This capital infusion is expected to fuel strategic initiatives aimed at solidifying its position as a leader in the human capital management space, potentially through acquisitions or enhanced service offerings.
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