How Much Did Protege Services Raise?
Funding & Key Investors

Protege Services has secured significant capital, with a total funding amount of $1.1M and a recent funding round of $708K. This major strategic investment underscores the company's established presence and growth trajectory in the staffing sector. The recent funding date of January 23, 2021, marks a key point in its financial history, following earlier debt financing rounds.

What is Protege Services?

Protege Services
Business ServicesHuman Resources Management Systems (HRMS)

Protege Services, also known as Protégé Labor, is a woman-owned staffing agency with over 40 years of experience, specializing in providing skilled and semi-skilled labor for the construction and light industrial sectors across the southeastern United States. The company caters to a diverse range of industries, including HVAC, plumbing, welding, and general construction, ensuring reliable labor solutions for employers. Their commitment extends to employee development through continuous training and a rapid 24-hour response time for labor requests, positioning them as a dependable partner in workforce management.

How much funding has Protege Services raised?

Protege Services has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$708K

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

Debt (2021): $708K led by PPP

Key Investors in Protege Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Protege Services?

The substantial enterprise-level funding and strategic investment indicate that Protege Services is poised for further expansion and operational enhancement. This capital infusion is likely to be directed towards scaling its service offerings, potentially expanding its geographic reach within the southeastern United States, and further developing its training programs to meet the evolving demands of the construction and light industrial markets. The company's focus on reliable labor solutions and employee development suggests a strategy aimed at solidifying its market leadership and capitalizing on opportunities for sustained growth.

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Frequently Asked Questions Regarding Protege Services Financial Insights

What are the most recent funding rounds that Protege Services has completed, and what were the funding rounds?
Protege Services has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Protege Services has raised to date?
Protege Services has raised a total of $1.1M in funding to date.
How many funding rounds has Protege Services completed?
Protege Services has completed 2 funding rounds.
How much funding did Protege Services raise in its most recent funding round?
Protege Services raised $708K in its most recent funding round.
Who are the lead investors in Protege Services's latest funding round?
The lead investor in Protege Services'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 Protege Services's history?
The largest funding round in Protege Services's history was $708K.
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