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How Much Did Skillforce Raise?
Funding & Key Investors

Skillforce, a staffing provider for the construction industry, has secured significant enterprise-level funding, with its total capital raised standing at $4M. The company recently announced a major strategic investment of $2M, underscoring its continued growth and market position. This latest financing round is expected to fuel further expansion and operational enhancements for the Baltimore-based firm.

What is Skillforce?

Skillforce
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2003 and headquartered in Baltimore, Maryland, Skillforce operates as a specialized staffing company dedicated to serving the construction industry. The company provides essential workforce solutions, connecting skilled labor with construction projects. Its focus on a critical sector of the economy positions it as a key player in facilitating project completion and supporting the construction workforce.

How much funding has Skillforce raised?

Skillforce has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

Debt (2020): $2M with participation from PPP

Debt (2021): $2M led by PPP

Key Investors in Skillforce

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Skillforce?

The recent major strategic investment indicates a pivotal moment for Skillforce, suggesting a phase of accelerated scaling and market penetration. This capital infusion is likely to be directed towards expanding service offerings, enhancing technological capabilities for better workforce management, and potentially broadening its geographic reach within the construction sector. The company's trajectory points towards solidifying its leadership in construction staffing through strategic growth initiatives and operational excellence.

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Frequently Asked Questions Regarding Skillforce Financial Insights

What are the most recent funding rounds that Skillforce has completed, and what were the funding rounds?
Skillforce has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 5, 2020. What is the total amount of funding Skillforce has raised to date?
Skillforce has raised a total of $4M in funding to date. How many funding rounds has Skillforce completed?
Skillforce has completed 2 funding rounds. How much funding did Skillforce raise in its most recent funding round?
Skillforce raised $2M in its most recent funding round. Who are the lead investors in Skillforce's latest funding round?
The lead investor in Skillforce'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 Skillforce's history?
The largest funding round in Skillforce's history was $2M.
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