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Velocity Global

company

About

Velocity Global offers a global employment solution that simplifies how companies onboard, manage, and pay talent.

Highlights

Total Funding Amount
$500M
Funding Rounds
2
Investors
3
Acquisition
1
Employee Profiles
11

Details

Last Funding Type
Series B
Last Funding Money Raised
$400M
Industries
Employment,Human Resources,Information Technology,Productivity Tools,Recruiting
Founded date
Jan 1, 2014
Number Of Employee
501 - 1000
Operating Status
Active
Legal Name
Velocity Global, LLC

Velocity Global offers a global employment solution that simplifies how companies onboard, manage, and pay talent. With unparalleled expertise in over 185 countries, Velocity Global delivers best-in-class service and innovative solutions that enable companies to feel confident breaking into new markets. Velocity Global’s services include International PEO, global immigration, payroll, recruiting, and consulting to help companies achieve their global growth goals. Its International PEO solution gets companies into new markets up to 90% faster while reducing the cost of global expansion by up to 60%. Companies trust Velocity Global to ensure a compliant, efficient, and flexible global expansion.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$500M
Velocity Global has raised a total of $500M in funding over 2 rounds. Their latest funding was raised on May 18, 2022 from a Series B round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
May 18, 2022 Series B $400M 2 Eldridge
Norwest Venture Partners 		— Detail
Apr 5, 2021 Private Equity（PE） $100M 1 Friedman Fleischer & Lowe (FFL) — Detail

Investors

Number of Lead Investors
Number of Investors
3
3
Velocity Global is funded by 3 investors. Eldridge and Norwest Venture Partners are the most recent investors.
Investor Name Lead Investor Funding Round
Eldridge Yes Series B
Norwest Venture Partners Yes Series B
Friedman Fleischer & Lowe (FFL) Yes Private Equity（PE）

Employee Profiles

Number of Employee Profiles
11
Velocity Global has 11 current employee profiles, including Board member Parker Barrile
Parker Barrile
Board member
Ben Wright
Executive
Ben Wright
Board member
Rob Crabtree
Executive
Greg Thiessen
Executive
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Acquisition

Velocity Global has acquired 1 organizations. Their most recent acquisition was iWorkGlobal on Apr 5, 2021. They acquired iWorkGlobal for 0.

Date Company Name
Industry Acquisition Type Price
Apr 5, 2021 iWorkGlobal
Human Resources acquisition — Detail
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