How Much Did Professional Resource Network Raise?
Funding & Key Investors

Professional Resource Network, a long-standing provider of home health care staffing in the Minneapolis/St. Paul metropolitan area, has secured $350K in total capital, with its most recent financing event amounting to $350K. This major strategic investment underscores the company's established position in the healthcare sector and its ongoing growth trajectory. The company's history, dating back to its establishment in 1995, highlights a sustained commitment to delivering high-quality home health care services.

What is Professional Resource Network?

Professional Resource Network
Healthcare ServicesElderly Care Services

Professional Resource Network is a Minnesota-based corporation founded in 1995, specializing in providing comprehensive home health care staffing solutions. The company is Medicare Certified and serves clients across the Minneapolis/St. Paul metropolitan area. It partners with major insurance providers, including Blue Cross Blue Shield, UCare, and Medica, to facilitate access to care for individuals with Medicare, State of Minnesota Medical Assistance, and commercial insurance coverage. This extensive network and certification affirm its role as a key player in the regional healthcare infrastructure.

How much funding has Professional Resource Network raised?

Professional Resource Network has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Professional Resource Network

PPP

Public-Private Partnership

What's next for Professional Resource Network?

The recent strategic investment into Professional Resource Network signals a phase of significant expansion or operational enhancement, leveraging its established market presence and Medicare certification. As a late-stage company, this capital infusion is likely earmarked for scaling operations, expanding service offerings, or potentially acquiring complementary businesses within the home health care staffing domain. The company's focus on quality and its broad insurance partnerships position it for continued success in meeting the growing demand for in-home healthcare services.

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Frequently Asked Questions Regarding Professional Resource Network Financial Insights

What are the most recent funding rounds that Professional Resource Network has completed, and what were the funding rounds?
Professional Resource Network has recently completed 1 funding rounds: Debt on May 12, 2020.
What is the total amount of funding Professional Resource Network has raised to date?
Professional Resource Network has raised a total of $350K in funding to date.
How many funding rounds has Professional Resource Network completed?
Professional Resource Network has completed 1 funding rounds.
How much funding did Professional Resource Network raise in its most recent funding round?
Professional Resource Network raised $350K in its most recent funding round.
Who are the lead investors in Professional Resource Network's latest funding round?
The lead investor in Professional Resource Network'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 Professional Resource Network's history?
The largest funding round in Professional Resource Network's history was $350K.
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