How Much Did Select Resources Raise?
Funding & Key Investors

Select Resources has secured significant enterprise-level funding, with its total funding amount standing at $1.1M. The company recently announced a major strategic investment of $771K, underscoring its continued growth and market position in the IT staffing sector. This latest capital infusion is expected to fuel further expansion and enhance its service offerings.

What is Select Resources?

Select Resources
Business ServicesHuman Resources Management Systems (HRMS)

Select Resources is a prominent provider of IT staffing solutions, serving a diverse range of industries across Michigan and surrounding regions. The company specializes in a customized approach to bridge the technology skills gap, ensuring the delivery of highly skilled and reliable contract, contract-to-hire, and direct-placement candidates. With a commitment to quality, integrity, and client success, Select Resources has established world-class service levels for both candidates and hiring managers, backed by industry-leading benefits and career support.

How much funding has Select Resources raised?

Select Resources has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$771K

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

Debt (2021): $771K led by PPP

What's next for Select Resources?

The recent major strategic investment signals a pivotal phase for Select Resources, likely aimed at scaling operations, expanding its market reach, and potentially investing in new technologies or service lines. As an established player in the IT staffing landscape, this financing will empower the company to further solidify its competitive advantage and capitalize on the ongoing demand for specialized technology talent. Future developments may include strategic partnerships or acquisitions to enhance its service portfolio and geographical footprint.

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Frequently Asked Questions Regarding Select Resources Financial Insights

What are the most recent funding rounds that Select Resources has completed, and what were the funding rounds?
Select Resources has recently completed 2 funding rounds: Debt on Jan 17, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Select Resources has raised to date?
Select Resources has raised a total of $1.1M in funding to date.
How many funding rounds has Select Resources completed?
Select Resources has completed 2 funding rounds.
How much funding did Select Resources raise in its most recent funding round?
Select Resources raised $771K in its most recent funding round.
Who are the lead investors in Select Resources's latest funding round?
The lead investor in Select 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 Select Resources's history?
The largest funding round in Select Resources's history was $771K.
See more information about Select Resources