How Much Did Procession Systems Raise?
Funding & Key Investors

Procession Systems has secured $430K in total capital, with its most recent financing round bringing in $280K in a major strategic investment. This significant backing underscores the company's advanced stage and its pivotal role in the talent acquisition technology sector.

What is Procession Systems?

Procession Systems
Business ServicesHuman Resources Management Systems (HRMS)

Procession Systems is dedicated to revolutionizing the hiring process by addressing the challenge of sourcing hard-to-find talent. The company employs an innovative strategy designed to significantly enhance the quality and volume of candidate flow, ultimately boosting the hiring success rates for its enterprise clients. This focus on quality and efficiency positions Procession Systems as a key player in optimizing recruitment outcomes.

How much funding has Procession Systems raised?

Procession Systems has raised a total of $430K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$280K

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

Debt (2021): $280K led by PPP

Key Investors in Procession Systems

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Procession Systems?

With substantial late-stage capital infusion, Procession Systems is poised for accelerated growth and market expansion. The recent strategic investment will likely fuel further development of its proprietary hiring solutions, enhance its go-to-market strategies, and potentially support strategic acquisitions. This financial backing signals strong investor confidence in the company's ability to scale its operations and solidify its market leadership in the competitive recruitment technology landscape.

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Frequently Asked Questions Regarding Procession Systems Financial Insights

What are the most recent funding rounds that Procession Systems has completed, and what were the funding rounds?
Procession Systems has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Procession Systems has raised to date?
Procession Systems has raised a total of $430K in funding to date.
How many funding rounds has Procession Systems completed?
Procession Systems has completed 2 funding rounds.
How much funding did Procession Systems raise in its most recent funding round?
Procession Systems raised $280K in its most recent funding round.
Who are the lead investors in Procession Systems's latest funding round?
The lead investor in Procession 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 Procession Systems's history?
The largest funding round in Procession Systems's history was $280K.
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