How Much Did Worknet Staffing Raise?
Funding & Key Investors

Worknet Staffing has secured $350K in total capital, with a recent strategic investment of $350K announced on April 7, 2020. This significant financing underscores the company's established presence and its ongoing growth trajectory within the staffing sector.

What is Worknet Staffing?

Worknet Staffing
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 1978 as Applied Technical Services, Worknet Staffing operates as a locally owned and operated staffing company with a strong foothold in the Gulf South region. The company specializes in providing workforce solutions, leveraging decades of experience to connect businesses with skilled personnel across various industries. Its longevity in the market points to a robust operational model and a deep understanding of regional labor demands.

How much funding has Worknet Staffing raised?

Worknet Staffing has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Worknet Staffing

PPP

Public-Private Partnership

What's next for Worknet Staffing?

The recent strategic investment signals a phase of accelerated expansion and operational enhancement for Worknet Staffing. As a company with a long history, this capital infusion is likely to be directed towards modernizing its service offerings, expanding its geographic reach within the Gulf South, and potentially integrating new technologies to streamline recruitment and placement processes. This move positions Worknet Staffing to capitalize on evolving market dynamics and solidify its competitive advantage in the late-stage funding environment.

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Frequently Asked Questions Regarding Worknet Staffing Financial Insights

What are the most recent funding rounds that Worknet Staffing has completed, and what were the funding rounds?
Worknet Staffing has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Worknet Staffing has raised to date?
Worknet Staffing has raised a total of $350K in funding to date.
How many funding rounds has Worknet Staffing completed?
Worknet Staffing has completed 1 funding rounds.
How much funding did Worknet Staffing raise in its most recent funding round?
Worknet Staffing raised $350K in its most recent funding round.
Who are the lead investors in Worknet Staffing's latest funding round?
The lead investor in Worknet Staffing'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 Worknet Staffing's history?
The largest funding round in Worknet Staffing's history was $350K.
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