About Carrot
Carrot is a company based in Helsinki (Finland) founded in 1998 was acquired by Panostaja in April 2018. It operates as a Professional Services, and Brokerage / Intermediation. Carrot offers products and services including Staffing Services, Carrot Academy, Headhunting, Partnership Model, and International Recruitment. Carrot operates in a competitive market with competitors including ADP, UKG, Bullhorn, Alera Group and Wanted, among others.
- Headquarter Helsinki, Finland
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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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Products & Services of Carrot
Carrot offers a comprehensive portfolio of products and services, including Staffing Services, Carrot Academy, Headhunting, Partnership Model, and International Recruitment. 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.
Staffing solutions are provided for various industries daily.
Training programs are offered for professional skill development.
Direct recruitment services are delivered for specific roles.
Long-term staffing partnerships are managed for client businesses.
Cross-border HR solutions are developed for workforce needs.
Funding Insights of Carrot
| 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 |
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Investors in Carrot
Carrot has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Panostaja. 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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Private equity firm focused on SME led service and software companies
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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 Carrot
| 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 - Carrot
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Carrot Comparisons
Competitors of Carrot
Carrot 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 ADP, UKG, Bullhorn, Alera Group and Wanted, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based HR management solutions are offered for payroll and compliance.
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Provider of HR and payroll & workforce management solutions
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| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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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 |
HR management services are provided by Wanted in South Korea.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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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 Carrot
When was Carrot founded?
Carrot was founded in 1998.
Where is Carrot located?
Carrot is headquartered in Helsinki, Finland.
What does Carrot do?
Carrot is established as a specialist in adapting to the changing dynamics of the labor market in Finland. Staffing services are provided across industries such as industrial, logistics, construction, customer service, and IT sectors. Solutions range from short-term daily assignments to long-term employment contracts. Additionally, training through Carrot Academy is offered to enhance professional skills, while headhunting and international recruitment services are tailored to meet specific client needs. A partnership model is also implemented to manage comprehensive staffing processes, allowing clients to focus on core business activities.
Who are the top competitors of Carrot?
Carrot's top competitors include Randstad, Alera Group and UKG.
What products or services does Carrot offer?
Carrot offers Staffing Services, Carrot Academy, Headhunting, Partnership Model, and International Recruitment.
Who are Carrot's investors?
Carrot has 1 investor. Key investors include Panostaja.