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How Much Did Preferred Resources Raise?
Funding & Key Investors

Preferred Resources has secured $1.4M in total capital, with a recent major strategic investment of $1M. This enterprise-level funding underscores the company's established position in the IT staffing and consulting sector. The latest financing round, dated March 16, 2021, signifies a significant injection of capital to fuel further growth and operational expansion.

What is Preferred Resources?

Preferred Resources
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 1989, Preferred Resources specializes in providing high-quality information technology staffing services and consulting. The company focuses on identifying skilled IT professionals and matching them with suitable opportunities, cultivating long-term client relationships through a hands-on, communicative approach. Their strategic emphasis on sourcing, attracting, selecting, developing, and retaining top IT talent is a cornerstone of their operational philosophy, ensuring a precise fit between candidates and client needs.

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

Key Investors in Preferred Resources

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Preferred Resources?

The recent major strategic investment indicates a pivotal moment for Preferred Resources, suggesting a focus on scaling operations, enhancing service offerings, or expanding market reach. This capital infusion is expected to bolster their capacity to meet evolving client demands in the dynamic IT landscape. The company's consistent history of securing financing, including recent debt rounds, points to a robust financial strategy aimed at sustainable growth and market leadership in IT staffing and consulting.

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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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