How Much Did Sourcewave Raise?
Funding & Key Investors

Sourcewave has secured $704K in total funding, with its most recent capital infusion amounting to $354K following a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the IT staffing sector.

What is Sourcewave?

Sourcewave
Business ServicesHuman Resources Management Systems (HRMS)

Sourcewave leverages over 25 years of experience in IT staffing to provide comprehensive hiring solutions. The company has cultivated an extensive network of qualified candidates, enabling it to offer high-quality, seasoned professionals who possess a deep understanding of client businesses and are capable of delivering excellent service. Sourcewave's recruitment strategy focuses on sourcing from a broad pool of outstanding candidates to ensure optimal fits for both companies and individuals, fostering long-term relationships with clients and candidates alike.

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 substantial enterprise-level funding indicates Sourcewave is poised for significant scaling and strategic expansion. This capital injection will likely be directed towards enhancing its recruitment infrastructure, expanding its market reach, and potentially exploring new service offerings within the IT staffing domain. The company's focus on long-term relationships and experienced professionals positions it for sustained growth and 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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