NEWS20 April 2021

Funding for PureSpectrum

News North America Technology

US – Online sample company PureSpectrum has secured $17m in Series B funding from growth equity firm Arthur Ventures.

Michael McCrary

PureSpectrum will use the funds to continue recruitment, retain staff and invest more in its technology stack to expand its offer.

The company recently appointed James Rogers as managing director for Asia-Pacific, tasked with expanding the business in the region. 

Michael McCrary, chief executive and founder, PureSpectrum (pictured), said: “This growth equity will allow us to do more faster and to accelerate the growth of the business.

“One of the reasons why we decided to partner with Arthur Ventures is that they understand who we are and what we stand for.”

Patrick Meenan, general partner at Arthur Ventures, is also joining PureSpectrum’s board of directors.

Meenan said: “PureSpectrum is a fast growth company with a strong team and culture that shares the same values as Arthur Ventures.”