How Much Did nextSource Raise?
Funding & Key Investors

nextSource has secured $1M in total funding, with its most recent capital infusion amounting to $1M. This major strategic investment underscores the company's significant traction in its market. The company's recent funding date was April 15, 2020.

What is nextSource?

nextSource
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 1998 and headquartered in New York City, nextSource is a privately held, woman-owned business enterprise with a robust national presence. The company specializes in delivering innovative solutions designed to enhance service, efficiency, cost savings, and risk mitigation, while providing access to a diverse talent pool. nextSource's technology-enabled solutions offer a comprehensive framework for managing total contingent workforce needs, aiming to maximize business value across all labor spend categories through an intelligent and personalized approach.

How much funding has nextSource raised?

nextSource has raised a total of $1M across 1 funding round:

2020

Debt

$1M

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

What's next for nextSource?

The recent major strategic investment indicates a pivotal growth phase for nextSource, likely enabling expansion of its innovative workforce solutions and technology platforms. This capital infusion is expected to bolster its market position and allow for further development in providing clients with enhanced insights and practical innovations for managing their contingent workforce. The company's focus on maximizing business value suggests a strategic direction towards deeper integration with client operations and a continued emphasis on operational efficiency and risk mitigation.

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Frequently Asked Questions Regarding nextSource Financial Insights

What are the most recent funding rounds that nextSource has completed, and what were the funding rounds?
nextSource has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding nextSource has raised to date?
nextSource has raised a total of $1M in funding to date.
How many funding rounds has nextSource completed?
nextSource has completed 1 funding rounds.
How much funding did nextSource raise in its most recent funding round?
nextSource raised $1M in its most recent funding round.
Who are the lead investors in nextSource's latest funding round?
The lead investor in nextSource'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 nextSource's history?
The largest funding round in nextSource's history was $1M.
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