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

Select Technical Staffing has solidified its market position through a series of strategic capital injections, culminating in a total valuation of $700K. The firm recently secured a major strategic investment of $350K, marking a significant milestone in its operational trajectory. This infusion of capital underscores the company's resilience and its critical role in the Southeast Wisconsin labor market, providing the necessary liquidity to scale its recruitment infrastructure and expand its reach within the competitive staffing sector.

What is Select Technical Staffing?

Select Technical Staffing
Business ServicesHuman Resources Management Systems (HRMS)

Operating as a premier staffing agency since 1997, Select Technical Staffing serves as a vital intermediary in the regional economy. By specializing in the placement of skilled tradespeople, engineers, and office professionals, the firm bridges the gap between high-demand talent and enterprise-level employers. With a proprietary database of 50,000 candidates and a century of combined leadership experience, the company leverages a data-driven, personalized approach to talent acquisition. This methodology ensures that organizational hiring requirements are met with precision, effectively reducing turnover and optimizing workforce productivity for its diverse client base.

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

Key Investors in Select Technical Staffing

PPP

Public-Private Partnership

What's next for Select Technical Staffing?

With the recent influx of capital, Select Technical Staffing is positioned to accelerate its digital transformation and broaden its service offerings. The strategic focus will likely shift toward enhancing its candidate matching algorithms and expanding its footprint into adjacent industrial sectors. By leveraging this financing to bolster its internal recruitment capabilities, the firm is well-equipped to navigate the complexities of the modern labor market. Future growth will be defined by the company's ability to maintain its high-touch service model while scaling its operations to meet the evolving demands of enterprise clients in an increasingly automated and specialized hiring landscape.

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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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