About Concurrent HRO
Concurrent HRO is a company based in Broomfield (United States) founded in 2016 was acquired by Prestige Employee in March 2025.. The company has 1,148 employees as of December 31, 2021. Concurrent HRO offers products and services including Payroll Solutions, HR Solutions, and Employee Benefits Services. Concurrent HRO operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.
- Headquarter Broomfield, United States
- Employees 1148 as on 31 Dec, 2021
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Concurrent Hro, Llc
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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
1148
as on Dec 31, 2021
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Acquired by
Prestige Employee
(Mar 13, 2025)
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Products & Services of Concurrent HRO
Concurrent HRO offers a comprehensive portfolio of products and services, including Payroll Solutions, HR Solutions, and Employee Benefits Services. 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.
Handles payroll processing and tax management for businesses
Offers compliance and administrative HR support for companies
Provides health benefits and retirement plans for employees
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Funding Insights of Concurrent HRO
| 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 Concurrent HRO
Concurrent HRO has secured backing from 1 investor. Prominent investors backing the company include Prestige Employee. 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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PEO services for HR outsourcing are provided by Prestige Employee.
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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 Concurrent HRO
| 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 - Concurrent HRO
| 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 |
Concurrent Hro Comparisons
Competitors of Concurrent HRO
Concurrent HRO 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 Concurrent HRO
When was Concurrent HRO founded?
Concurrent HRO was founded in 2016.
Where is Concurrent HRO located?
Concurrent HRO is headquartered in Broomfield, United States. It is registered at Broomfield, Colorado, United States.
How many employees does Concurrent HRO have?
As of Dec 31, 2021, the latest employee count at Concurrent HRO is 1,148.
What does Concurrent HRO do?
Concurrent HRO offers Payroll Solutions, HR Solutions, Employee Benefits Services while focusing on providing business support, hr services, and end to end services. Provider of payroll, benefits administration, and other services. Delivering reliable solutions, it emphasizes quality, efficiency, and meeting diverse client needs.
Who are the top competitors of Concurrent HRO?
Concurrent HRO's top competitors include Randstad, CIEL HR and Alera Group.
What products or services does Concurrent HRO offer?
Concurrent HRO offers Payroll Solutions, HR Solutions, and Employee Benefits Services.
Who are Concurrent HRO's investors?
Concurrent HRO has 1 investor. Key investors include Prestige Employee.