Fair Trade Outsourcing raises $1M in venture round
WASHINGTON D.C., UNITED STATES — Business Process Outsourcing (BPO) firm Fair Trade Outsourcing raised $1 million in its latest venture round.
Though its investors were not revealed in its February 17 filing at the U.S. Securities and Exchange Commission (SEC), the firm said that they intend to use this offering for more than a year.
The company also clarified that this offering was not made through any business combination transaction such as a merger, acquisition, or exchange offer.
Fair Trade Outsourcing also filed a separate debt financing form with the SEC on the same day.
The Pennsylvania-based company provides impact-sourcing work for companies worldwide. They have a dedicated and well-trained workforce across the U.S., the Philippines, Ghana, and Mexico.
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