How Much Did Staff Source Raise?
Funding & Key Investors

Staff Source, a staffing solutions provider, has secured significant capital, with its total funding reaching $297K. The company recently announced a major strategic investment of $147K, underscoring its established position in the market and its trajectory towards further expansion. This latest round of financing signals a critical juncture for the Tampa, Florida-based firm as it continues to scale its operations and enhance its service offerings within the competitive staffing industry.

What is Staff Source?

Staff Source
Business ServicesHuman Resources Management Systems (HRMS)

Staff Source operates as a dedicated staffing solutions provider, focusing on delivering dependable personnel across the Clerical, Construction, Industrial, and Health Care sectors. With over a decade of experience, the company excels in the recruitment, screening, and hiring of qualified candidates to meet diverse client needs. Their service portfolio encompasses a range of placement options, including contract, temporary, permanent, and temporary-to-permanent staffing. As a minority-owned enterprise, Staff Source emphasizes a client-centric approach, ensuring a deep understanding of operational requirements to facilitate optimal personnel placement and support business continuity.

How much funding has Staff Source raised?

Staff Source has raised a total of $297K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$147K

Debt (2020): $150K with participation from PPP

Debt (2021): $147K led by PPP

Key Investors in Staff Source

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Staff Source?

The substantial capital infusion, particularly the recent strategic investment, positions Staff Source for accelerated growth and market penetration. This late-stage funding is likely to be allocated towards expanding service capabilities, enhancing technological infrastructure for recruitment and client management, and potentially broadening its geographic reach. The company's focus on specialized industries suggests a strategy to deepen its expertise and solidify its reputation as a premier provider of skilled labor. Future developments may include strategic partnerships or acquisitions aimed at further optimizing its operational efficiency and market competitiveness.

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Frequently Asked Questions Regarding Staff Source Financial Insights

What are the most recent funding rounds that Staff Source has completed, and what were the funding rounds?
Staff Source has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Staff Source has raised to date?
Staff Source has raised a total of $297K in funding to date.
How many funding rounds has Staff Source completed?
Staff Source has completed 2 funding rounds.
How much funding did Staff Source raise in its most recent funding round?
Staff Source raised $147K in its most recent funding round.
Who are the lead investors in Staff Source's latest funding round?
The lead investor in Staff Source'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 Staff Source's history?
The largest funding round in Staff Source's history was $150K.
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