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How Much Did SourceCast Raise?
Funding & Key Investors

SourceCast has secured $325K in total funding, with its most recent capital infusion amounting to $175K. This large-scale, late-stage funding round, characterized as a major strategic investment, signals a significant milestone for the company as it continues to scale its operations and market presence. The company's financial trajectory indicates a robust growth phase, leveraging substantial backing to further its strategic objectives.

What is SourceCast?

SourceCast
Business ServicesHuman Resources Management Systems (HRMS)Software

SourceCast operates as a prominent provider of diversity sourcing solutions, catering to employers, talent sources, and job seekers nationwide. Its core offering, DirectSource, is a web-based software designed to efficiently connect candidates with job opportunities that align with their unique qualifications. This platform aims to deliver a pipeline of highly-skilled applicants to employers across all industries within the United States, emphasizing a commitment to diversity and inclusion in the talent acquisition process.

How much funding has SourceCast raised?

SourceCast has raised a total of $325K across 2 funding rounds:

2020

Debt

$150K

2021

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 positions SourceCast for accelerated growth and market expansion. With a focus on scaling its DirectSource platform, the company is poised to enhance its capabilities in connecting diverse talent with employers. Future strategic initiatives will likely involve further technological development, expanding its employer network, and solidifying its role as a leader in diversity sourcing. This capital infusion is expected to fuel innovation and strengthen its competitive advantage in the human resources technology sector.

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Frequently Asked Questions Regarding SourceCast Financial Insights

What are the most recent funding rounds that SourceCast has completed, and what were the funding rounds?
SourceCast has recently completed 2 funding rounds: Debt on Mar 5, 2021, Debt on May 3, 2020. What is the total amount of funding SourceCast has raised to date?
SourceCast has raised a total of $325K in funding to date. How many funding rounds has SourceCast completed?
SourceCast has completed 2 funding rounds. How much funding did SourceCast raise in its most recent funding round?
SourceCast raised $175K in its most recent funding round. Who are the lead investors in SourceCast's latest funding round?
The lead investor in SourceCast'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 SourceCast's history?
The largest funding round in SourceCast's history was $175K.
See more information about SourceCast

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