How Much Did Focus Raise?
Funding & Key Investors

Focus Professional Services, Inc. has solidified its market position through a series of strategic capital injections, culminating in a recent financing event of $175K. This latest infusion of liquidity brings the firm's cumulative backing to $325K, underscoring investor confidence in the company's long-term operational trajectory. As a mature entity in the workforce management sector, Focus continues to leverage these resources to scale its proprietary time and attendance infrastructure, ensuring sustained relevance in an increasingly digitized industrial landscape.

The company's growth narrative is defined by a disciplined approach to capital allocation, transitioning from its origins as a specialized service contractor to a national provider of sophisticated software and hardware solutions. By securing this latest round of financing, the organization is well-positioned to enhance its core product offerings while maintaining the high-touch support model that has characterized its operations since 1995.

What is Focus?

Focus
SoftwareHuman Resources Software

Focus Professional Services, Inc. operates as a specialized provider of time and attendance management systems, catering to a diverse range of industrial and corporate clients. Founded by Doug and Judy Butler, the company has evolved from a niche service contractor into a robust technology firm that integrates custom hardware with web-based platforms like PowerTime. The firm's market position is anchored by decades of domain expertise in payroll, labor tracking, and system engineering, allowing it to address complex compliance and operational requirements for large-scale employers. With a leadership team that emphasizes engineering precision and long-term client retention, Focus maintains a competitive edge by continuously iterating on its software architecture to meet the shifting demands of the modern workforce.

How much funding has Focus raised?

Focus has raised a total of $325K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$175K

Debt (2020): $150K with participation from PPP

Debt (2021): $175K led by PPP

Key Investors in Focus

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for Focus?

With the successful procurement of $175K, Focus is poised to accelerate its national expansion strategy and deepen its investment in R&D. The strategic roadmap focuses on the further refinement of the PowerTime web-based ecosystem, aiming to capture additional market share within the enterprise resource planning (ERP) and human capital management (HCM) verticals. By prioritizing technological innovation and operational scalability, the company intends to solidify its status as a premier provider of workforce management solutions. Future initiatives will likely involve enhancing the integration capabilities of its existing hardware suite, thereby providing a more seamless experience for its nationwide client base and ensuring long-term value creation for stakeholders.

See full Focus company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Software industry

Human Resources SoftwareSoftware
Healthcare SoftwareSoftwareHealthcare ServicesMedical Laboratories & Imaging Centers
SoftwareSupply Chain Management (SCM) Software
Mobile App DevelopmentSoftware

Frequently Asked Questions Regarding Focus Financial Insights

What are the most recent funding rounds that Focus has completed, and what were the funding rounds?
Focus has recently completed 2 funding rounds: Debt on Feb 27, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Focus has raised to date?
Focus has raised a total of $325K in funding to date.
How many funding rounds has Focus completed?
Focus has completed 2 funding rounds.
How much funding did Focus raise in its most recent funding round?
Focus raised $175K in its most recent funding round.
Who are the lead investors in Focus's latest funding round?
The lead investor in Focus'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 Focus's history?
The largest funding round in Focus's history was $175K.
See more information about Focus