About CoAdvantage
CoAdvantage is a Business Services company based in Tampa (United States) founded in 1997, and was acquired by Aquiline Capital Partners in July 2019. HR and benefits services are provided to businesses nationwide. CoAdvantage has completed 7 acquisitions, including Compensation Solutions, MomentumHR and PlanSource. Its chief executive, as recorded, is Clinton Burgess. Its website coadvantage.com draws about 264 thousand monthly visits. CoAdvantage offers products and services including Payroll Processing, Benefits Management, Risk Management, and HR Technology. Its focus areas include HR Services and End to End Services. Its competitors include ADP, Insperity and Alera Group; 1 of its 3 listed competitors has raised funding.
Company details
CoAdvantage was established in 1997 and is based in Tampa, United States. Human resources and employee benefits solutions are offered to companies seeking outsourcing support. Core operations include payroll processing, compliance management, and benefits administration. Services are tailored for small to mid-sized businesses in the professional services sector. Leadership is provided by CEO and President Clinton Burgess.
- Headquarters Tampa, United States
- Stage Acquired
- SectorsBusiness Services
- Website category Finance · Financial Planning and Management
- Website coadvantage.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Aquiline Capital Partners (Jul 2019)
- Latest Funding Round$2M (USD), Grant
Sep 2010
- InvestorsMorgan Stanley
& 4 more
- Investments & AcquisitionsCompensation Solutions
& 6 more
- Acquired by
Products & Services of CoAdvantage
CoAdvantage offers a comprehensive portfolio of products and services, including Payroll Processing, Benefits Management, Risk Management, and HR Technology.
Manages payroll tasks and related functions for businesses efficiently.
Provides affordable benefits access for employees in various organizations.
Ensures workplace safety and regulatory compliance for client companies.
Offers secure platforms for efficient HR activities and data management.
Apps and channels of CoAdvantage
CoAdvantage publishes 1 mobile app with over 5K+ downloads; its YouTube channel CoAdvantage has 409 subscribers and 30 videos.
Videos from CoAdvantage
The most watched videos on CoAdvantage's YouTube channel, CoAdvantage (409 subscribers). Click a video to play it here.
More on CoAdvantage.
Funding Insights of CoAdvantage
- Total Rounds 1
- Last Round Grant — $2M
- First Round $2M
(Sep 2010)
- Investors Count 1
All 1 funding rounds of CoAdvantage with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2010 | $2M | Grant | – | – |
5 investors in total: 5 institutional.
Investors in CoAdvantage
CoAdvantage has secured backing from 5 investors, including institutional and venture fund investors. Prominent investors backing the company include Morgan Stanley, Aquiline Capital Partners and OSTI.GOV.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Constitution Capital Partners is engaged in alternative investment management. | concp.com | Andover, United States | ||
Private equity investments are focused on middle-market growth companies. | 2010 | cip-capital.com | New York, United States | |
Private equity and debt investments are directed toward financial sectors. | 2005 | aquiline.com | New York, United States | |
Scientific and technical information is managed and disseminated by OSTI.GOV. | osti.gov | Oak Ridge, United States | ||
Wealth management, investment advisory, and financial services are provided. | 1935 | morganstanley.com | New York, United States |
Investor details for CoAdvantage
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People of CoAdvantage
81 people are tracked at CoAdvantage (25 in leadership, 56 in team).
| Name | Role | Group |
|---|---|---|
Clinton Burgess | CEO & President | Leadership |
Thomas Martin | Vice President, IT Infrastructure | Leadership |
Patrick Briggs | Vp, Financial Planning & Analysis | Leadership |
Yahaira Zayas | Director, Benefit Operations | Leadership |
Nick Roehl | Senior Vice President, Finance | Leadership |
Christopher Salamone | Director Of Corporate Tax | Leadership |
Brooke Pontenberg | Director Of Strategic Technology & Product Integrations | Leadership |
Dave Kindred | Regional Sales Director | Leadership |
Andrea Sugden | Chief Commercial Officer | Leadership |
Venci Danailov | Director Of Sales Operations | Leadership |
Shruthi Kasi | Vice President, Information Security | Leadership |
Gregg Martello | Vice President Of Sales Operations | Leadership |
Mark Z. | Chief Information Officer | Leadership |
Sue Helen Plaza | Director, Account Management | Leadership |
Susan Primrose | Director If IT Projects | Leadership |
Kim Rutledge | Vice President Of Sales | Leadership |
Kelly Lipari Phr | Director Of Client Services- Northeast | Leadership |
David Monticello | Vice President Of Sales | Leadership |
Rich Heckner | Director Client Services | Leadership |
Brian Elliott | National Director Of Client Services | Leadership |
61 more people are available in the full profile.
Complete people profiles for CoAdvantage
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by CoAdvantage
CoAdvantage has strategically engaged in corporate development activities, having acquired 7 companies. Notable acquisitions include Compensation Solutions, MomentumHR and PlanSource.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Recruitment, payroll management, and employee benefit services are offered. | momentumhr.net | Savannah, United States | 1999 | Nov 2022 | •••• | |
End-to-end HR services are provided for various business needs. | sourcepointe.com | Birmingham, United States | 2003 | Jan 2021 | •••• | |
End-to-end HR services are provided to employers. | remedyes.com | Bradenton, United States | 2010 | Sep 2018 | •••• | |
Provider of HR management services | totalhrmanagement.com | La Crescenta Montrose, United States | 2005 | Oct 2017 | •••• | |
Paper products, sugar, and alcohol are manufactured by the company. | progressiveemployer.com | Sarasota, United States | 1999 | Oct 2017 | •••• | |
Provider of payroll processing, risk management, employee development, and recruitment services | csihro.com | Wayne, United States | 1997 | Feb 2014 | •••• | |
Cloud-based HR and benefits administration is offered for SMBs. | plansource.com | Orlando, United States | 2008 | Jan 2008 | •••• |
Complete acquisition details for CoAdvantage
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- Deal sources
- Complete history
- Exports
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Timeline of CoAdvantage
12 dated milestones of CoAdvantage across 25 years, from founding to its latest funding, stage changes and deals.
- Founded CoAdvantage is founded.
- Acquisition Acquires PlanSource.
- Funding First funding round of $2.0M.
- Exit Acquired by CIP Capital.
- Acquisition Acquires Compensation Solutions.
- Exit Acquired by Morgan Stanley.
- Acquisition Acquires Progressive Employer.
- Acquisition Acquires Total HR Management.
- Acquisition Acquires Remedy Employer Services.
- Exit Acquired by Aquiline Capital Partners.
- Acquisition Acquires SourcePointe.
- Acquisition Acquires MomentumHR.
Competitors of CoAdvantage
CoAdvantage has 3 listed competitors in our database, 1 of them funded. They include ADP, Insperity and Alera Group.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| adp.com | 1949 | Roseland, United States | 44 | Cloud-based HR management solutions are offered for payroll and compliance. | ||
| insperity.com | 1986 | Kingwood, United States | 4,400 | HR outsourcing services are provided to businesses by Insperity. | ||
| aleragroup.com | 1995 | Deerfield, United States | $250M | HR, insurance, and liability services are provided by Alera Group. |
Detailed competitors of CoAdvantage
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- Full competitor set
- Operating metrics
- Benchmarks
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Web traffic of CoAdvantage
The website of CoAdvantage (coadvantage.com) receives about 264.5K visits a month and ranks #149,213 among all websites worldwide, #2,086 in Financial Planning and Management.
- Monthly visits264.5K
▲ 17.4% vs previous month
- Unique visitors38.8K
per month
- Global rank#149,213
among all websites
- Category rank#2,086
Finance · Financial Planning and Management
- Bounce rate15%
- Pages per visit6.1
- Average visit4 min 24 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with CoAdvantage. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
buckeyepayroll.com | buckeyepayroll.com | 100% | – | ||
ipspayroll.com | ipspayroll.com | 91% | – | ||
| paychex.com | 83% | 12.3M | #3,556 | View details | |
payservusa.com | payservusa.com | 80% | – | ||
aurussystems.com | aurussystems.com | 80% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 35 similar websites and full traffic analytics for CoAdvantage
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 35 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Human Resource & Staffing Services
3 companies that operate in the same segment as CoAdvantage (Human Resource & Staffing Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based HRMS platform is offered for small and medium businesses. | 1988 | Dublin, United States | USD 60 M | USD 5.01 B | 3,600 | |
HR, insurance, and liability services are provided by Alera Group. | 1995 | Deerfield, United States | USD 250 M | |||
Provider of laboratory tests for physicians | 1969 | Burlington, Vermont, United States | USD 13.95 B | 70,000 |
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Related news about Coadvantage
Complete news archive for CoAdvantage
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Frequently Asked Questions about CoAdvantage
CoAdvantage was founded in 1997 and raised its 1st funding round 13 years after it was founded.
CoAdvantage is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Clinton Burgess is the CEO of CoAdvantage, as recorded in our data.
CoAdvantage was established in 1997 and is based in Tampa, United States. Human resources and employee benefits solutions are offered to companies seeking outsourcing support. Core operations include payroll processing, compliance management, and benefits administration. Services are tailored for small to mid-sized businesses in the professional services sector. Leadership is provided by CEO and President Clinton Burgess.
CoAdvantage's top competitors include Alera Group, ADP and Insperity.
CoAdvantage offers Payroll Processing, Benefits Management, Risk Management, and HR Technology.
CoAdvantage has made 7 acquisitions, including Compensation Solutions, MomentumHR, and PlanSource.
CoAdvantage has 5 investors. Key investors include Morgan Stanley, Aquiline Capital Partners, OSTI.GOV, Constitution Capital Partners, and CIP Capital.
Yes. CoAdvantage was acquired by Aquiline Capital Partners in July 2019.
Yes. CoAdvantage publishes CoAdQuantum Mobile, with over 5,000 downloads.
The website of CoAdvantage receives about 264 thousand visits a month and ranks #149,213 among all websites worldwide.