How Much Did Signum Raise?
Funding & Key Investors

Signum, a Professional Employer Organization (PEO) based in Lexington, SC, has secured $150K in total funding, with its most recent financial activity involving $150K from a major strategic investment on April 28, 2020. This latest capital infusion, categorized as debt financing, underscores the company's ongoing efforts to expand its service offerings and market reach within the small and medium business sector.

What is Signum?

Signum
OrganizationsMembership OrganizationsBusiness Services

Signum LLC operates as a full-service Professional Employer Organization (PEO), dedicated to providing comprehensive payroll and tax administration, employee benefits management, and expert human resources guidance. With over two decades of operational experience, Signum serves a substantial client base exceeding 200 businesses, primarily across South Carolina, North Carolina, Georgia, and the broader Southeast region. The company distinguishes itself through a commitment to a personalized, hands-on client engagement model, augmented by sophisticated technology solutions designed to optimize operational efficiency and simplify administrative burdens. Their service portfolio encompasses critical areas such as regulatory compliance, workers' compensation administration, and a wide array of HR-related functions, empowering business owners to concentrate on core operational activities and strategic growth.

How much funding has Signum raised?

Signum has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Signum

PPP

Public-Private Partnership

What's next for Signum?

The substantial backing indicated by $150K suggests Signum is in a significant growth phase, likely focusing on scaling its operations and potentially expanding its geographic footprint or service diversification. The recent strategic investment, even if in the form of debt, signals confidence from financial partners in Signum's business model and its capacity for sustained revenue generation. Future strategic moves may involve enhancing technological infrastructure, broadening its PEO service suite, or pursuing acquisitions to consolidate market position. The company's emphasis on serving small and medium businesses positions it well to capitalize on the evolving needs of this market segment, particularly in areas of compliance and HR efficiency.

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

Additional financial insights in the Organizations industry

Membership OrganizationsOrganizationsNon-Profit & Charitable Organizations
Non-Profit & Charitable OrganizationsOrganizationsMembership Organizations
Non-Profit & Charitable OrganizationsOrganizationsMembership Organizations
OrganizationsChurch ManagementEducationK-12 Schools

Frequently Asked Questions Regarding Signum Financial Insights

What are the most recent funding rounds that Signum has completed, and what were the funding rounds?
Signum has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Signum has raised to date?
Signum has raised a total of $150K in funding to date.
How many funding rounds has Signum completed?
Signum has completed 1 funding rounds.
How much funding did Signum raise in its most recent funding round?
Signum raised $150K in its most recent funding round.
Who are the lead investors in Signum's latest funding round?
The lead investor in Signum'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 Signum's history?
The largest funding round in Signum's history was $150K.
See more information about Signum