How Much Did Galactic Raise?
Funding & Key Investors

Galactic has secured $150K in total funding, with its most recent capital infusion amounting to $150K. This significant strategic investment underscores the company's trajectory in the HR support services sector, positioning it for further expansion and operational enhancement.

What is Galactic?

Galactic
OrganizationsMembership OrganizationsBusiness Services

Galactic Inc. is a provider of comprehensive HR support services, aiming to empower businesses by alleviating administrative burdens. The company offers a suite of solutions encompassing Payroll, HR, and Insurance and Benefit's Administration. By managing these critical functions, Galactic enables its clients to dedicate more time and resources to core business growth, strategic development, and achieving ambitious objectives. The company emphasizes a seamless client experience, ensuring efficiency and reliability in all its service offerings, from timely payroll processing to onboarding new employees.

How much funding has Galactic raised?

Galactic has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Galactic?

The substantial late-stage funding indicates Galactic is poised for significant scaling and market penetration. This capital injection is likely to fuel advancements in their service technology, expansion into new markets, and potentially strategic acquisitions. The company's focus on productivity and business growth for its clients suggests a strategic roadmap centered on enhancing its platform's capabilities and broadening its service portfolio to meet evolving HR demands. Future developments may include deeper integration of AI for HR analytics or expanded global reach.

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Frequently Asked Questions Regarding Galactic Financial Insights

What are the most recent funding rounds that Galactic has completed, and what were the funding rounds?
Galactic has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Galactic has raised to date?
Galactic has raised a total of $150K in funding to date.
How many funding rounds has Galactic completed?
Galactic has completed 1 funding rounds.
How much funding did Galactic raise in its most recent funding round?
Galactic raised $150K in its most recent funding round.
Who are the lead investors in Galactic's latest funding round?
The lead investor in Galactic'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 Galactic's history?
The largest funding round in Galactic's history was $150K.
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