How Much Did Kore1 Raise?
Funding & Key Investors

Kore1, a provider of recruiting and staffing solutions, has secured $7M in total capital, with a recent strategic investment of $2M. This significant backing underscores the company's established position in the enterprise-level market and its ongoing growth trajectory. The latest funding round, dated January 30, 2021, signifies a major strategic investment aimed at further solidifying Kore1's market presence.

What is Kore1?

Kore1
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2005 and headquartered in Irvine, California, Kore1 specializes in delivering comprehensive recruiting and staffing solutions for businesses. The company offers a flexible range of services, including project-based staffing, on-site and off-site team-based solutions, and direct-hire placements. Kore1 caters to diverse employment needs, encompassing contract, contract-to-hire, and permanent roles, positioning itself as a versatile partner for organizations seeking specialized talent across various industries.

How much funding has Kore1 raised?

Kore1 has raised a total of $7M across 2 funding rounds:

2020

Debt

$5M

2021

Debt

$2M

Debt (2020): $5M with participation from PPP

Debt (2021): $2M led by PPP

Key Investors in Kore1

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Kore1?

The substantial enterprise-level funding and recent strategic investment indicate Kore1 is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in their service offerings, potentially through technology integration or expanding their recruitment network. The company's focus on diverse staffing models suggests a strategy to capture a larger share of the evolving workforce solutions market, leveraging this financial backing to drive innovation and client acquisition in the competitive staffing and recruiting landscape.

See full Kore1 company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Business Services industry

Business ServicesField Service Management
Advertising NetworksBusiness ServicesData Collection & Internet PortalsMedia & Internet
Advertising NetworksBusiness Services
Business ServicesSoftware Testing

Frequently Asked Questions Regarding Kore1 Financial Insights

What are the most recent funding rounds that Kore1 has completed, and what were the funding rounds?
Kore1 has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Kore1 has raised to date?
Kore1 has raised a total of $7M in funding to date.
How many funding rounds has Kore1 completed?
Kore1 has completed 2 funding rounds.
How much funding did Kore1 raise in its most recent funding round?
Kore1 raised $2M in its most recent funding round.
Who are the lead investors in Kore1's latest funding round?
The lead investor in Kore1'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 Kore1's history?
The largest funding round in Kore1's history was $5M.
See more information about Kore1