How Much Did Select Technical Staffing Raise?
Funding & Key Investors

Select Technical Staffing has secured $700K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's established position in the enterprise-level funding landscape. The company's funding history, primarily consisting of debt financing, indicates a focus on leveraging financial instruments for operational growth and stability.

What is Select Technical Staffing?

Select Technical Staffing
Business ServicesHuman Resources Management Systems (HRMS)

Select Technical Staffing is a distinguished staffing agency operating in Southeast Wisconsin, dedicated to bridging the gap between skilled tradespeople, engineers, and office professionals and prominent companies. Leveraging over a century of collective expertise, the agency maintains an expansive candidate database of 50,000 individuals, ensuring optimal matches for employer requirements. Since its inception in 1997, Select Technical Staffing has prioritized a personalized approach and client satisfaction, streamlining the recruitment process for both employers and job seekers. Their commitment to delivering top-tier talent is instrumental in propelling businesses forward.

How much funding has Select Technical Staffing raised?

Select Technical Staffing has raised a total of $700K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$350K

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

Debt (2021): $350K led by PPP

What's next for Select Technical Staffing?

The recent major strategic investment suggests Select Technical Staffing is poised for continued expansion and operational enhancement. While the funding context points towards enterprise-level capital, the nature of the financing as debt indicates a strategy focused on maintaining ownership control while utilizing financial leverage. This approach is common for established companies seeking to optimize their capital structure for sustained growth and market leadership in the competitive technical staffing sector. Future developments may involve further scaling of operations, enhancing candidate sourcing technologies, or expanding service offerings to meet evolving industry demands.

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Frequently Asked Questions Regarding Select Technical Staffing Financial Insights

What are the most recent funding rounds that Select Technical Staffing has completed, and what were the funding rounds?
Select Technical Staffing has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Select Technical Staffing has raised to date?
Select Technical Staffing has raised a total of $700K in funding to date.
How many funding rounds has Select Technical Staffing completed?
Select Technical Staffing has completed 2 funding rounds.
How much funding did Select Technical Staffing raise in its most recent funding round?
Select Technical Staffing raised $350K in its most recent funding round.
Who are the lead investors in Select Technical Staffing's latest funding round?
The lead investor in Select Technical Staffing'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 Technical Staffing's history?
The largest funding round in Select Technical Staffing's history was $350K.
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