How Much Did Protocol Agency Raise?
Funding & Key Investors

Protocol Agency, a long-standing professional staffing firm, has secured significant enterprise-level funding, with its total funding reaching $1.1M. The company recently announced a major strategic investment of $706K, underscoring its continued growth and market position. This latest capital infusion is expected to fuel further expansion and service innovation within the competitive staffing sector.

What is Protocol Agency?

Protocol Agency
Business ServicesHuman Resources Management Systems (HRMS)

Established in 1987, Protocol Agency has evolved over three decades from an executive search firm into a comprehensive national staffing provider. The company specializes in Permanent Placement (Accounting and Finance, Physician Placement, Healthcare and Telehealth) and Temporary Placement, including a dedicated Travel Nurse and Allied Health Professionals Division. Protocol distinguishes itself as a boutique service provider by offering customized solutions, including adaptable billing statements to meet specific client requirements, such as those for Medicare. Its sustained growth is attributed to ethical leadership, investment in its workforce, and a commitment to concierge-level client service. Protocol's dedication to quality is further evidenced by its Certificate of Distinction for healthcare staffing awarded by The Joint Commission, ensuring rigorous compliance for its clients.

How much funding has Protocol Agency raised?

Protocol Agency has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$706K

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

Debt (2021): $706K led by PPP

Key Investors in Protocol Agency

PPP

Public-Private Partnership

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

What's next for Protocol Agency?

With a substantial total funding of $1.1M and a recent strategic investment of $706K, Protocol Agency is poised for continued expansion. The company's focus on innovative service divisions and personalized client management, including assigned Account Managers, suggests a strategy aimed at deepening market penetration and attracting new national accounts. The enterprise-level nature of its financing indicates a focus on scaling operations, enhancing technological capabilities, and potentially exploring strategic acquisitions to further solidify its position as a leader in professional and healthcare staffing.

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Frequently Asked Questions Regarding Protocol Agency Financial Insights

What are the most recent funding rounds that Protocol Agency has completed, and what were the funding rounds?
Protocol Agency has recently completed 2 funding rounds: Debt on Feb 1, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Protocol Agency has raised to date?
Protocol Agency has raised a total of $1.1M in funding to date.
How many funding rounds has Protocol Agency completed?
Protocol Agency has completed 2 funding rounds.
How much funding did Protocol Agency raise in its most recent funding round?
Protocol Agency raised $706K in its most recent funding round.
Who are the lead investors in Protocol Agency's latest funding round?
The lead investor in Protocol Agency'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 Protocol Agency's history?
The largest funding round in Protocol Agency's history was $706K.
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