What is Fic?
Established in 1986, Fic specializes in comprehensive professional employment administration and payroll solutions. The company offers a robust suite of services, including human resources management, workers' compensation administration, and benefits administration, primarily serving clients within the Mid-Atlantic region. Fic aims to deliver dependable and valuable employment information and services to both employees and employers, positioning itself as a key player in streamlining HR processes.
How much funding has Fic raised?
Fic has raised a total of $18K across 1 funding round:
Debt
$18K
Debt (2021): $18K with participation from PPP
What's next for Fic?
With the recent infusion of moderate growth capital, Fic is poised for an accelerated expansion trajectory, aligning with its Series A/B growth stage context. This strategic financing is expected to fuel enhancements in service delivery, potential market penetration into new territories, and further development of its HR technology infrastructure. The company's focus on reliable employment administration and payroll services suggests a continued emphasis on operational excellence and client retention as it navigates its next phase of development.
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