How Much Did Protocol Agency Raise?
Funding & Key Investors

Protocol Agency has secured significant enterprise-level funding, with its total funding amount reaching $1.1M. The company recently announced a major strategic investment of $706K, underscoring its robust growth trajectory and market position in the professional staffing sector. This latest capital infusion follows a series of debt financing rounds, indicating a strategic shift towards equity or larger debt facilities to fuel expansion.

What is Protocol Agency?

Protocol Agency
Business ServicesHuman Resources Management Systems (HRMS)

Protocol Agency, established in 1987, is a seasoned professional staffing firm with over three decades of experience. Initially focusing on executive search, the company has strategically expanded its national footprint to encompass permanent placement divisions for accounting, finance, and physician roles, alongside healthcare and telehealth services. Protocol also operates a temporary placement division and a specialized travel nurse and allied health professionals division. The firm distinguishes itself as a boutique service provider by offering customized solutions, including tailored billing statements to meet specific client requirements, such as those for Medicare. Its sustained growth is attributed to strong ethical leadership, investment in its workforce, and a commitment to concierge-level client service. Protocol Agency has earned a Certificate of Distinction for healthcare staffing from The Joint Commission, highlighting its rigorous adherence to compliance requirements.

How much funding has Protocol Agency raised?

Protocol Agency has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$706K

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

Debt (2021): $706K led by PPP

Key Investors in Protocol Agency

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Protocol Agency?

The recent major strategic investment signals Protocol Agency's intent to accelerate its expansion and potentially explore new service divisions or technological integrations. Given the enterprise-level funding context, the company is likely poised for significant scaling, possibly through acquisitions or enhanced market penetration. This strategic capital will enable Protocol to further solidify its market leadership, attract national clients, and continue its tradition of providing personalized attention and high-quality staffing solutions. The focus on innovative service divisions suggests a forward-looking approach to meeting evolving industry demands and retaining its competitive edge.

See full Protocol Agency company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesTranslation
Business ServicesResearch & DevelopmentProject Management
Business ServicesProject ManagementAccounting for Legal Practices
Advertising NetworksBusiness ServicesGraphics

Frequently Asked Questions Regarding Protocol Agency Financial Insights

What are the most recent funding rounds that Protocol Agency has completed, and what were the funding rounds?
Protocol Agency has recently completed 2 funding rounds: Debt on Feb 1, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Protocol Agency has raised to date?
Protocol Agency has raised a total of $1.1M in funding to date.
How many funding rounds has Protocol Agency completed?
Protocol Agency has completed 2 funding rounds.
How much funding did Protocol Agency raise in its most recent funding round?
Protocol Agency raised $706K in its most recent funding round.
Who are the lead investors in Protocol Agency's latest funding round?
The lead investor in Protocol Agency'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 Protocol Agency's history?
The largest funding round in Protocol Agency's history was $706K.
See more information about Protocol Agency