How Much Did Humac Raise?
Funding & Key Investors

Humac, a prominent player in the IT software services sector, has successfully secured significant capital to bolster its operational capacity. The firm has reached a cumulative milestone of $2.6M in financing, underscored by a recent strategic injection of $1.6M. This latest infusion of capital, finalized in early 2021, highlights the company's ongoing commitment to scaling its specialized staffing and H1B processing solutions for a diverse client base ranging from agile startups to established Fortune 500 enterprises.

What is Humac?

Humac
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

Established in 2006, Humac operates as a critical bridge in the global technology talent ecosystem. By providing comprehensive IT staffing services and streamlined H1B visa processing, the company addresses the persistent demand for high-caliber international technical expertise. Beyond recruitment, Humac distinguishes itself through a robust service portfolio that encompasses custom software development, mobile application engineering, and cloud computing infrastructure. Their market position is defined by a rigorous candidate vetting methodology, which ensures that clients receive not just personnel, but strategic partners capable of driving digital transformation. By acting as dedicated advocates for their clients, Humac has solidified its reputation as a reliable partner in the competitive IT services landscape.

How much funding has Humac raised?

Humac has raised a total of $2.6M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.6M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.6M led by PPP

Key Investors in Humac

PPP

Public-Private Partnership

What's next for Humac?

With the recent influx of capital, Humac is well-positioned to accelerate its growth trajectory within the enterprise IT services market. The strategic allocation of these funds will likely focus on enhancing their proprietary screening technologies and expanding their reach into emerging tech hubs. As the demand for specialized cloud and mobile development talent continues to outpace supply, Humac's ability to navigate complex immigration and staffing requirements provides a distinct competitive advantage. Future initiatives will likely prioritize the integration of advanced automation in their H1B processing workflows, further reducing lead times for clients and cementing their status as a premier provider of global IT human capital solutions.

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

Additional financial insights in the Business Services industry

Business ServicesSoftware TestingProject Management
Advertising NetworksBusiness Services
Business ServicesSecurity Information and Event Management (SIEM)
Business ServicesSoftware Testing

Frequently Asked Questions Regarding Humac Financial Insights

What are the most recent funding rounds that Humac has completed, and what were the funding rounds?
Humac has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on May 3, 2020.
What is the total amount of funding Humac has raised to date?
Humac has raised a total of $2.6M in funding to date.
How many funding rounds has Humac completed?
Humac has completed 2 funding rounds.
How much funding did Humac raise in its most recent funding round?
Humac raised $1.6M in its most recent funding round.
Who are the lead investors in Humac's latest funding round?
The lead investor in Humac'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 Humac's history?
The largest funding round in Humac's history was $1.6M.
See more information about Humac