About Velocity Global
Velocity Global offers human resource solutions for businesses looking to hire employees internationally. They act as a global employer of record (EoR), helping companies comply with local employment laws while onboarding staff in different countries. Their services include payroll solutions, benefits and retention programs, and flexible office space options through Upflex workspaces in over 120 countries. The goal is to simplify the complexities of international HR, enabling businesses of all sizes to expand their workforce globally.
Denver, ColoradoHeadquarters
2014Year Founded
$486.4MTotal Funding
SERIES_BCompany Stage
Consulting, Real EstateIndustries
501-1,000Employees
Benefits
Flexible Work Hours
Parental Leave
Health Insurance
Dental Insurance
401(k) Retirement Plan
Home Office Stipend
Performance Bonus
Risks
Emerging EOR providers offer similar services at lower costs.
Rapid tech advancements may outpace Velocity Global's current investments.
New executive appointments may lead to strategic misalignments.
Differentiation
Velocity Global offers comprehensive HR solutions in over 185 countries.
Their International PEO solution accelerates market entry by up to 90%.
They provide flexible office space solutions in over 120 countries.
Upsides
Remote work adoption boosts demand for Velocity Global's services.
AI integration in HR enhances Velocity Global's service efficiency.
Digital nomad visas increase demand for international compliance services.
Funding
Total raised$486.36 M
Latest valuation$2.00 B
StageSERIES_B
SERIES B
4/30/2022$400
$2.00 BGROWTH EQUITY VC
3/31/2021$100