How Much Did Labor Staffing Solutions Raise?
Funding & Key Investors

Labor Staffing Solutions has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's significant traction in the labor staffing sector. The context of this large-scale late-stage funding suggests a pivotal moment for the company as it looks to further scale its operations and market reach.

What is Labor Staffing Solutions?

Labor Staffing Solutions
Business ServicesHuman Resources Management Systems (HRMS)

Labor Staffing Solutions Michigan is a prominent labor staffing firm dedicated to the recruitment, screening, and interviewing of candidates for skilled and temporary positions. The company offers a comprehensive suite of services, including temporary placement, direct hire, and payroll solutions, primarily catering to the manufacturing industries within Southeast Michigan. With operational hubs in Troy, Auburn Hills, and Grand Blanc, Labor Staffing Solutions has established itself as a preferred partner for businesses seeking to augment their workforce with qualified employees, serving both nascent and established manufacturers.

How much funding has Labor Staffing Solutions raised?

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

2020

Debt

$350K

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

Key Investors in Labor Staffing Solutions

PPP

Public-Private Partnership

What's next for Labor Staffing Solutions?

The substantial capital infusion, particularly in this large-scale late-stage funding environment, positions Labor Staffing Solutions for accelerated growth and strategic expansion. This backing is likely to fuel initiatives aimed at enhancing service offerings, broadening geographic coverage, and potentially exploring new industry verticals. The company's focus on skilled and temporary labor, coupled with its established presence in Michigan's manufacturing sector, provides a strong foundation for leveraging this investment to solidify its market leadership and pursue further development opportunities.

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Frequently Asked Questions Regarding Labor Staffing Solutions Financial Insights

What are the most recent funding rounds that Labor Staffing Solutions has completed, and what were the funding rounds?
Labor Staffing Solutions has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Labor Staffing Solutions has raised to date?
Labor Staffing Solutions has raised a total of $350K in funding to date.
How many funding rounds has Labor Staffing Solutions completed?
Labor Staffing Solutions has completed 1 funding rounds.
How much funding did Labor Staffing Solutions raise in its most recent funding round?
Labor Staffing Solutions raised $350K in its most recent funding round.
Who are the lead investors in Labor Staffing Solutions's latest funding round?
The lead investor in Labor Staffing Solutions'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 Labor Staffing Solutions's history?
The largest funding round in Labor Staffing Solutions's history was $350K.
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