How Much Did Precision Systems Raise?
Funding & Key Investors

Precision Systems has secured $150K in total capital, with its most recent financing round bringing in $150K. This major strategic investment marks a significant milestone for the Basking Ridge, New Jersey-based firm, underscoring its established position in the competitive IT staffing landscape. The company's funding history, which includes a debt financing of $150M on April 15, 2020, indicates a trajectory of sustained financial backing and operational growth.

What is Precision Systems?

Precision Systems
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 1995, Precision Systems is a specialized staffing and recruiting firm dedicated to meeting the IT staffing requirements of its clientele. The company offers a comprehensive suite of services, including long-term and short-term staffing solutions, recruitment for immediate hires, team assembly, and expertise in the maintenance of legacy applications. Its strategic focus on the IT sector positions it as a key player in providing essential talent acquisition and management services to businesses navigating complex technological environments.

How much funding has Precision Systems raised?

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

2020

Debt

$150K

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

Key Investors in Precision Systems

PPP

Public-Private Partnership

What's next for Precision Systems?

The substantial capital infusion, particularly the recent strategic investment, signals Precision Systems' readiness for accelerated expansion and enhanced service delivery. As a company operating in the large-scale late-stage funding environment, this backing is likely to fuel initiatives such as technological advancements in recruitment platforms, expansion into new geographic markets, and the strengthening of its talent pool. Precision Systems is poised to leverage this financial momentum to further solidify its market leadership and address the evolving demands of the IT staffing industry.

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Frequently Asked Questions Regarding Precision Systems Financial Insights

What are the most recent funding rounds that Precision Systems has completed, and what were the funding rounds?
Precision Systems has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Precision Systems has raised to date?
Precision Systems has raised a total of $150K in funding to date.
How many funding rounds has Precision Systems completed?
Precision Systems has completed 1 funding rounds.
How much funding did Precision Systems raise in its most recent funding round?
Precision Systems raised $150K in its most recent funding round.
Who are the lead investors in Precision Systems's latest funding round?
The lead investor in Precision Systems'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 Precision Systems's history?
The largest funding round in Precision Systems's history was $150K.
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