About 2HB
2HB is a company based in Rockford (United States) founded in 2014 was acquired by M3 Insurance in September 2021.. 2HB offers products and services including Employee Benefits, Pharmacy Solutions, HR Services, Cyber Liability, and Property & Casualty. 2HB operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.
- Headquarter Rockford, United States
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Sectors
Business Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
M3 Insurance
(Sep 30, 2021)
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Products & Services of 2HB
2HB offers a comprehensive portfolio of products and services, including Employee Benefits, Pharmacy Solutions, HR Services, Cyber Liability, and Property & Casualty. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers plans for employee health and benefits management.
Provides pharmacy benefit management for organizations.
Delivers HR risk and compliance support for businesses.
Handles cyber risk protection and recovery services.
Covers property damage and liability insurance needs.
Includes investment and financial risk management options.
Focuses on quick claim and recovery processes.
Provides surety bonds for construction and contracts.
Funding Insights of 2HB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in 2HB
2HB has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include M3 Insurance. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Risk management services are provided to businesses by M3 Insurance.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by 2HB
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - 2HB
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
2Hb Comparisons
Competitors of 2HB
2HB operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Randstad, ADP, Alera Group, UKG and Insperity, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
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| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
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| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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| domain | founded_year | HQ Location |
HR management, recruitment, and staffing services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about 2HB
When was 2HB founded?
2HB was founded in 2014.
Where is 2HB located?
2HB is headquartered in Rockford, United States. It is registered at Rockford, Illinois, United States.
What does 2HB do?
2HB was established in 2014 in Rockford, United States, focusing on the human resources sector. A full range of HR services is delivered, including recruitment, payroll management, compliance support, and employee training. Operations are centered in the U.S., with solutions tailored for businesses seeking integrated HR management. The companys domain, 2hbsolutions.com, supports online access to these offerings.
Who are the top competitors of 2HB?
2HB's top competitors include Randstad, CIEL HR and Alera Group.
What products or services does 2HB offer?
2HB offers Employee Benefits, Pharmacy Solutions, HR Services, Cyber Liability, and 4 more products and services.
Who are 2HB's investors?
2HB has 1 investor. Key investors include M3 Insurance.