Damian Services

Chicago, United States Founded: 1981 • Age: 45 yrs Acquired By Sterling Bancorp
Payroll funding and back office solutions for staffing companies
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About Damian Services

Damian Services was founded in 1981 and is based in Chicago, United States. Payroll funding and back office solutions are delivered to temporary staffing companies within the staffing industry. Operations encompass payroll processing, payroll tax handling, invoicing, remittance banking, credit and receivables management, and management reporting. These services support the administrative needs of staffing firms across the region.

  • Headquarter Chicago, United States
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Acquired by
    Sterling Bancorp

    (Mar 02, 2015)

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Funding Insights of Damian Services

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

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Investors in Damian Services

Damian Services has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Sterling Bancorp. 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.

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Institutional
Investor Description Founded Year Domain Location
Commercial Bank
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Damian Services

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - Damian Services

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Damian Services Comparisons

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Competitors of Damian Services

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Damian Services

Frequently Asked Questions about Damian Services

When was Damian Services founded?

Damian Services was founded in 1981.

Where is Damian Services located?

Damian Services is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.

What does Damian Services do?

Damian Services was founded in 1981 and is based in Chicago, United States. Payroll funding and back office solutions are delivered to temporary staffing companies within the staffing industry. Operations encompass payroll processing, payroll tax handling, invoicing, remittance banking, credit and receivables management, and management reporting. These services support the administrative needs of staffing firms across the region.

Who are Damian Services's investors?

Damian Services has 1 investor. Key investors include Sterling Bancorp.

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