Last deal

$400M

Amount

Series B

Stage

18.05.2022

Date

2

all rounds

$500M

Total amount

General

About Company
Velocity Global simplifies global employment for companies worldwide.

Industry

Sector :

Subsector :

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Also Known As

Velocity Global, LLC

founded date

01.01.2014

Number of employees

Company Type

For Profit

Last funding type

Series B

IPO status

Private

Description

The company offers a range of services including International PEO, global immigration, payroll, recruiting, and consulting to help businesses achieve their global growth goals. With expertise in over 185 countries, Velocity Global provides best-in-class service and innovative solutions that enable companies to break into new markets with confidence. Its International PEO solution allows companies to enter new markets up to 90% faster while reducing the cost of global expansion by up to 60%. The platform also streamlines onboarding, benefits, and payroll for a permanent workforce, simplifies contractor classification, compliance, and payments, and reduces hiring and relocation costs, ultimately increasing profitability for enterprises.
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