How Much Did Preferred Resources Raise?
Funding & Key Investors

Preferred Resources has secured $1.4M in total capital, with its most recent major strategic investment amounting to $1M. This significant backing underscores the company's established presence and strategic importance within the information technology staffing and consulting sector.

What is Preferred Resources?

Preferred Resources
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 1989, Preferred Resources is a seasoned provider of quality information technology staffing services and consulting. The company distinguishes itself through a hands-on, interactive approach focused on cultivating long-term client relationships. By deeply understanding and maintaining constant communication regarding clients' ongoing IT needs, Preferred Resources ensures uncompromising quality in its service delivery. The firm places a premium on its people, employing a strategic and deliberate process to source, attract, select, develop, retain, and promote top-tier IT professionals. Their rigorous screening process is designed to precisely match candidate strengths with client requirements, ensuring optimal fits for both parties and driving success through the caliber of professionals they hire.

How much funding has Preferred Resources raised?

Preferred Resources has raised a total of $1.4M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$1M

Debt (2020): $350K with participation from PPP

Debt (2021): $1M led by PPP

What's next for Preferred Resources?

The recent major strategic investment signals a pivotal moment for Preferred Resources, likely enabling expansion of its service offerings, enhancement of its recruitment technologies, and broader market penetration. This capital infusion is expected to fuel further growth and solidify its competitive edge in the dynamic IT staffing landscape. The company's focus on cultivating deep client relationships and its commitment to employing highly skilled IT professionals position it for sustained success and continued development in the enterprise-level IT solutions market.

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Frequently Asked Questions Regarding Preferred Resources Financial Insights

What are the most recent funding rounds that Preferred Resources has completed, and what were the funding rounds?
Preferred Resources has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Preferred Resources has raised to date?
Preferred Resources has raised a total of $1.4M in funding to date.
How many funding rounds has Preferred Resources completed?
Preferred Resources has completed 2 funding rounds.
How much funding did Preferred Resources raise in its most recent funding round?
Preferred Resources raised $1M in its most recent funding round.
Who are the lead investors in Preferred Resources's latest funding round?
The lead investor in Preferred Resources'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 Preferred Resources's history?
The largest funding round in Preferred Resources's history was $1M.
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