How Much Did Phillips Staffing Raise?
Funding & Key Investors

Phillips Staffing has secured $5M in total capital, with a recent strategic investment of $5M underscoring its significant market presence. This latest financing round marks a pivotal moment for the company, signaling a strong endorsement from its backers and paving the way for accelerated growth and expanded service offerings in the competitive staffing and HR solutions sector.

What is Phillips Staffing?

Phillips Staffing
Business ServicesHuman Resources Management Systems (HRMS)

Phillips Staffing operates as a comprehensive provider of staffing, payroll management, professional placement, and HR consulting services. With a substantial footprint across South Carolina and Georgia, the firm employs 68 team members across 10 offices and manages nearly 2,800 temporary employees daily for a diverse client base throughout the Southeast. Headquartered in Greenville, Phillips Staffing is dedicated to delivering exceptional talent, superior client service, and innovative solutions, while maintaining a strong commitment to community leadership and operational integrity.

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

What's next for Phillips Staffing?

The recent major strategic investment positions Phillips Staffing for significant expansion and enhanced service capabilities. This capital infusion is expected to fuel strategic initiatives, potentially including technological advancements in recruitment and payroll processing, geographic market penetration, and the broadening of its HR consulting portfolio. The company's established operational scale and commitment to client success, combined with this new backing, suggest a trajectory focused on solidifying its leadership in the regional staffing and human resources landscape.

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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.
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