What is 347 Group?
347 Group, Inc. operates as a comprehensive staffing solutions provider, focusing on the Architecture, Engineering, and Construction (A/E/C), Environmental, and Utility industries. Recognized as a Disabled Veteran Business Enterprise (DVBE) and Service Disabled Veteran Owned Small Business (SDVOSB), the firm excels in identifying and placing high-caliber talent that aligns with client organizational cultures. With an operational history spanning over three decades, 347 Group offers a spectrum of staffing services, including contract, temporary, and direct-hire placements, prioritizing swift and precise candidate matching. Their dual mission involves assisting clients in meeting diversity procurement objectives and supporting professionals in career advancement.
How much funding has 347 Group raised?
347 Group has raised a total of $2M across 2 funding rounds:
Debt
$350K
Debt
$1.6M
Debt (2020): $350K with participation from PPP
Debt (2021): $1.6M led by PPP
What's next for 347 Group?
The recent major strategic investment signals a pivotal growth phase for 347 Group. This capital infusion is expected to fuel expansion initiatives, potentially enhancing service offerings, broadening market reach, and strengthening technological capabilities. The company's established expertise in niche sectors, coupled with its commitment to diversity and veteran employment, positions it favorably for continued development and market leadership in talent acquisition.
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