How Much Did Xcel HR Raise?
Funding & Key Investors

Xcel HR has secured $1M in total funding, with a recent strategic investment of $1M marking a significant milestone. This major enterprise-level funding underscores the company's robust growth trajectory and its pivotal role in the human resources and payroll services sector. The latest capital infusion, received on April 15, 2020, signals a new phase of expansion and operational enhancement for the company.

What is Xcel HR?

Xcel HR
OrganizationsMembership OrganizationsBusiness Services

Xcel HR specializes in providing superior payroll and human resource services. Since its inception in 2010, the company has been dedicated to offering prompt, professional, and personalized support to businesses across multiple locations. Client testimonials highlight the responsiveness, insightfulness, and helpfulness of their payroll and HR teams, who consistently go above and beyond to assist clients with processes like electronic onboarding. The company's commitment to accuracy, positive attitude, and willingness to accommodate requests has fostered strong client relationships, differentiating it from previous PEO experiences for many.

How much funding has Xcel HR raised?

Xcel HR has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Xcel HR

PPP

Public-Private Partnership

What's next for Xcel HR?

The recent major strategic investment positions Xcel HR for accelerated growth and enhanced service delivery. This capital infusion is expected to fuel advancements in their technology infrastructure, expand their service offerings, and potentially broaden their market reach. The company's focus on one-on-one attention and treating each business as a priority suggests a strategy centered on deepening client relationships and solidifying its reputation as a trusted partner in payroll and HR management. Future developments will likely involve leveraging this funding to innovate and further optimize their comprehensive HR solutions.

See full Xcel HR company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Organizations industry

Non-Profit & Charitable OrganizationsOrganizationsBlood & Organ BanksHealthcare Services
OrganizationsChurch Management
Non-Profit & Charitable OrganizationsOrganizationsChurch Management
OrganizationsChurch Management

Frequently Asked Questions Regarding Xcel HR Financial Insights

What are the most recent funding rounds that Xcel HR has completed, and what were the funding rounds?
Xcel HR has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Xcel HR has raised to date?
Xcel HR has raised a total of $1M in funding to date.
How many funding rounds has Xcel HR completed?
Xcel HR has completed 1 funding rounds.
How much funding did Xcel HR raise in its most recent funding round?
Xcel HR raised $1M in its most recent funding round.
Who are the lead investors in Xcel HR's latest funding round?
The lead investor in Xcel HR'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 Xcel HR's history?
The largest funding round in Xcel HR's history was $1M.
See more information about Xcel HR