Velocity Global - Web3 Crypto Company Profile, Funding, Valuation, Investors - Cointime

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Velocity Global

company

Summary
Funding Rounds
Investors
Acquisition
Employees

About

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

Denver,Colorado,United States
501 - 1000
https://velocityglobal.com

Highlights

Total Funding Amount

Employee Profiles

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

Board member

Executive

Board member

Executive

Executive

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