How Much Did Sourcewave Raise?
Funding & Key Investors

Sourcewave has secured $704K in total capital, with its most recent financing round bringing in $354K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the enterprise IT staffing sector.

What is Sourcewave?

Sourcewave
Business ServicesHuman Resources Management Systems (HRMS)

Sourcewave leverages over 25 years of experience in IT staffing to connect businesses with a network of qualified candidates. The company specializes in providing seasoned IT professionals who possess both the technical acumen and cultural fit necessary for client success. SourceWave's recruitment strategy involves tapping into a broad pool of outstanding candidates, fostering long-term relationships with both hiring clients and professionals to ensure optimal placements.

How much funding has Sourcewave raised?

Sourcewave has raised a total of $704K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$354K

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

Debt (2021): $354K led by PPP

Key Investors in Sourcewave

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Sourcewave?

The recent major strategic investment indicates a phase of significant growth and potential expansion for Sourcewave. This capital infusion is likely to be directed towards enhancing its service offerings, broadening its candidate network, and potentially exploring new market segments within the IT staffing industry. The company's deep experience and established relationships position it well to capitalize on this new phase of development and solidify its market leadership.

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Frequently Asked Questions Regarding Sourcewave Financial Insights

What are the most recent funding rounds that Sourcewave has completed, and what were the funding rounds?
Sourcewave has recently completed 2 funding rounds: Debt on Jan 25, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Sourcewave has raised to date?
Sourcewave has raised a total of $704K in funding to date.
How many funding rounds has Sourcewave completed?
Sourcewave has completed 2 funding rounds.
How much funding did Sourcewave raise in its most recent funding round?
Sourcewave raised $354K in its most recent funding round.
Who are the lead investors in Sourcewave's latest funding round?
The lead investor in Sourcewave'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 Sourcewave's history?
The largest funding round in Sourcewave's history was $354K.
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