How Much Did Sysdev Raise?
Funding & Key Investors

Sysdev, an IT staffing firm, has secured $12K in total investment, with a recent capital infusion of $12K. This moderate growth capital injection signals a strategic phase for the company as it continues to expand its reach in the competitive IT staffing market. The company's funding history, beginning with its establishment, reflects a steady trajectory of financial backing to support its operational growth and service expansion.

What is Sysdev?

Sysdev
Business ServicesHuman Resources Management Systems (HRMS)

Sysdev, Inc. is an Atlanta-based IT staffing company founded in 2005. It specializes in providing direct hire, temporary, and retained search services. The company differentiates itself through a relationship-based approach, focusing on maximizing value for both clients and candidates by deeply understanding organizational needs and candidate strengths. Sysdev actively targets passive candidates and leverages traditional networking to build enduring relationships within the IT community. Its commitment to integrity and ethics underpins its mission to foster trust among its clientele and job seekers.

How much funding has Sysdev raised?

Sysdev has raised a total of $12K across 1 funding round:

2021

Debt

$12K

Debt (2021): $12K with participation from PPP

Key Investors in Sysdev

PPP

Public-Private Partnership

What's next for Sysdev?

The recent capital infusion, categorized as moderate growth capital, positions Sysdev for its next phase of expansion, likely within the Series A/B growth stage. This strategic financing is expected to bolster its capabilities in talent acquisition and client service delivery. Future initiatives may include enhancing its recruitment technology stack, expanding its geographical footprint, or deepening its specialization within niche IT sectors. The company's continued focus on relationship building and ethical practices will be crucial as it scales its operations and seeks to solidify its market position.

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Frequently Asked Questions Regarding Sysdev Financial Insights

What are the most recent funding rounds that Sysdev has completed, and what were the funding rounds?
Sysdev has recently completed 1 funding rounds: Debt on Feb 8, 2021.
What is the total amount of funding Sysdev has raised to date?
Sysdev has raised a total of $12K in funding to date.
How many funding rounds has Sysdev completed?
Sysdev has completed 1 funding rounds.
How much funding did Sysdev raise in its most recent funding round?
Sysdev raised $12K in its most recent funding round.
Who are the lead investors in Sysdev's latest funding round?
The lead investor in Sysdev'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 Sysdev's history?
The largest funding round in Sysdev's history was $12K.
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