How Much Did Phillips Staffing Raise?
Funding & Key Investors

Phillips Staffing has solidified its market position through a major strategic investment, bringing its total capital infusion to $5M. This recent financing, totaling $5M, underscores the firm's robust operational trajectory and its capacity to scale within the competitive Southeast human resources landscape. By securing this significant backing, the organization is well-positioned to enhance its service delivery model and expand its footprint across South Carolina and Georgia.

What is Phillips Staffing?

Phillips Staffing
Business ServicesHuman Resources Management Systems (HRMS)

Headquartered in Greenville, Phillips Staffing operates as a comprehensive human capital partner, providing full-service staffing, payroll management, and professional placement services. With a dedicated team of 68 professionals across 10 regional offices, the firm manages a dynamic workforce of nearly 2,800 temporary employees daily. The company distinguishes itself through a commitment to high-integrity HR consulting and innovative talent acquisition strategies, serving as a critical infrastructure provider for businesses throughout the Southeast region.

How much funding has Phillips Staffing raised?

Phillips Staffing has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Phillips Staffing

PPP

Public-Private Partnership

What's next for Phillips Staffing?

With the infusion of this major enterprise-level funding, Phillips Staffing is poised to accelerate its digital transformation and operational efficiency initiatives. The strategic allocation of this capital will likely focus on deepening its regional market penetration and enhancing its proprietary payroll management systems. As the firm continues to navigate the complexities of the modern labor market, this financial runway provides the necessary stability to pursue long-term growth objectives, including potential service line diversification and the scaling of its professional placement division to meet rising demand for specialized talent.

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

Additional financial insights in the Business Services industry

Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)Project Management
Business ServicesHuman Resources Management Systems (HRMS)
Business ServicesResearch & DevelopmentNon-Profit & Charitable OrganizationsOrganizations
Business ServicesGraphicsArchitecture, Engineering & DesignConstruction

Frequently Asked Questions Regarding Phillips Staffing Financial Insights

What are the most recent funding rounds that Phillips Staffing has completed, and what were the funding rounds?
Phillips Staffing has recently completed 1 funding rounds: Debt on Jun 29, 2020.
What is the total amount of funding Phillips Staffing has raised to date?
Phillips Staffing has raised a total of $5M in funding to date.
How many funding rounds has Phillips Staffing completed?
Phillips Staffing has completed 1 funding rounds.
How much funding did Phillips Staffing raise in its most recent funding round?
Phillips Staffing raised $5M in its most recent funding round.
Who are the lead investors in Phillips Staffing's latest funding round?
The lead investor in Phillips Staffing'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 Phillips Staffing's history?
The largest funding round in Phillips Staffing's history was $5M.
See more information about Phillips Staffing