What is SourceCast?
SourceCast is a prominent provider of diversity sourcing solutions, catering to employers, talent sources, and job seekers across the United States. Its proprietary web-based software, DirectSource, is designed to efficiently connect candidates with job opportunities that align with their unique qualifications. This technology facilitates the delivery of highly-skilled applicants to employers across all industries, streamlining the recruitment process and enhancing diversity hiring initiatives.
How much funding has SourceCast raised?
SourceCast has raised a total of $325K across 2 funding rounds:
Debt
$150K
Debt
$175K
Debt (2020): $150K with participation from PPP
Debt (2021): $175K led by PPP
Key Investors in SourceCast
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for SourceCast?
The substantial late-stage investment suggests SourceCast is poised for significant expansion and strategic development. This capital infusion will likely be directed towards enhancing its technology platform, broadening its market reach, and potentially exploring new service offerings. The company's focus on diversity sourcing positions it advantageously in a market increasingly prioritizing inclusive hiring practices, signaling a trajectory of continued growth and industry leadership.
See full SourceCast company page
