Velocity Global

Velocity Global

Global employer of record and HR solutions

About

Velocity Global provides human resource solutions for businesses aiming to hire employees internationally. Their main service is acting as a global employer of record (EoR), which helps companies navigate local employment laws when hiring and onboarding staff in different countries. This service is especially useful for businesses looking to expand their talent pool beyond their home country. In addition to hiring, they offer payroll solutions to ensure international employees are paid accurately and on time. They also provide benefits and retention services, including medical and life coverage, a global equity program, and retirement savings plans to keep employees engaged. Furthermore, Velocity Global offers flexible office space solutions through Upflex workspaces in over 120 countries, giving businesses a physical presence for their global teams. Their goal is to simplify the complexities of international HR, making it easier for companies of all sizes to expand globally.

Company Stage

Series B

Employees

1,001-5,000

Industries

Consulting, Real Estate

Total Funding

$486.4M

Headquarters

Denver, Colorado

Founded

2014


Simplify Jobs

Simplify's Take

What believers are saying

  • Remote work trends increase demand for Velocity Global's international hiring services.
  • Digital nomad visas boost opportunities for remote worker employment solutions.
  • AI integration in HR processes enhances Velocity Global's service offerings.

What critics are saying

  • Emerging EOR providers offer similar services at lower costs, increasing competition.
  • Leadership changes may disrupt operations and client relationships if not managed well.
  • Reliance on technology platforms exposes Velocity Global to cyber-attack risks.

What makes Velocity Global unique

  • Velocity Global offers comprehensive HR solutions in over 185 countries.
  • Their International PEO solution accelerates market entry by up to 90%.
  • Velocity Global provides flexible office space solutions in over 120 countries.

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Growth & Insights
Headcount

6 month growth

1%

1 year growth

10%

2 year growth

8%

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