About HSP Group
HSP Group is a company based in Tampa (United States) founded in 2002 by Isidro Helder and Larry Harding.. HSP Group has raised $24.33 million across 3 funding rounds from investors including ABS Capital and Baird Capital. The company has 166 employees as of December 31, 2013. HSP Group offers products and services including Entity Management and Global Payroll.
- Headquarter Tampa, United States
- Employees 166 as on 31 Dec, 2013
- Founders Isidro Helder, Larry Harding
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Sectors
Business Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Hsp Group, Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$24.33 M (USD)
in 3 rounds
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Latest Funding Round
$8.33 M (USD), Series B
Oct 17, 2024
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Investors
ABS Capital
& 1 more
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Employee Count
166
as on Dec 31, 2013
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Products & Services of HSP Group
HSP Group offers a comprehensive portfolio of products and services, including Entity Management and Global Payroll. 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.
Regulatory, governance, and statutory obligations are managed across jurisdictions to ensure compliance is maintained.
Payroll operations are handled to guarantee accuracy, efficiency, and adherence to international regulations.
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Funding Insights of HSP Group
HSP Group has successfully raised a total of $24.33M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $8.33 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 3
- Last Round Series B — $8.3M
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First Round
First Round
(18 Nov 2020)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Series B - HSP Group | Valuation |
investors |
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| Nov, 2022 | Amount | Series B - HSP Group | Valuation | ABS Capital | |
| Nov, 2020 | Amount | Series A - HSP Group | Valuation |
investors |
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| 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 |
Investors in HSP Group
HSP Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include ABS Capital and Baird Capital. 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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Founded Year | Domain | Location | |
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Global private equity and venture capital investments in B2B Tech & Services 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 HSP Group
| 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 - HSP Group
| 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 |
Hsp Group Comparisons
Competitors of HSP Group
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 HSP Group
When was HSP Group founded?
HSP Group was founded in 2002 and raised its 1st funding round 18 years after it was founded.
Where is HSP Group located?
HSP Group is headquartered in Tampa, United States. It is registered at Tampa, Florida, United States.
Who is the current CEO of HSP Group?
Larry Harding is the current CEO of HSP Group. They have also founded this company.
Is HSP Group a funded company?
HSP Group is a funded company, having raised a total of $24.33M across 3 funding rounds to date. The company's 1st funding round was a Series A of $2M, raised on Nov 18, 2020.
How many employees does HSP Group have?
As of Dec 31, 2013, the latest employee count at HSP Group is 166.
What does HSP Group do?
HSP provides cloud-based accounting software for businesses. Its solutions include HSP Overseas Direct, an integrated service bundle which incorporates all required recurring services, including international payroll, expense reimbursement, cash management, vendor payments, bookkeeping, quarterly annual tax filings and local statutory compliance; and HSP OverseasConnect, a cloud-based application for the aggregation and management of accounting, finance, HR and legal requirements across multiple geographies and lifecycles.
What products or services does HSP Group offer?
HSP Group offers Entity Management and Global Payroll.
Who are HSP Group's investors?
HSP Group has 2 investors. Key investors include ABS Capital, and Baird Capital.