About Magellan HCM
Magellan HCM is a company based in Lindon (United States) founded in 2003. It operates as a B2B, and SaaS. Magellan HCM offers products and services including Payroll Service, Benefits Management, Workers Comp Insurance, and HR Expertise. Magellan HCM operates in a competitive market with competitors including ADP, UKG, Bullhorn, Randstad and Insperity, among others.
- Headquarter Lindon, United States
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Business Services
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Products & Services of Magellan HCM
Magellan HCM offers a comprehensive portfolio of products and services, including Payroll Service, Benefits Management, Workers Comp Insurance, and HR Expertise. 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 reporting for businesses efficiently
Manages health, dental, and vision benefits administration services
Provides workers' compensation coverage and related support
Offers hiring, onboarding, and time tracking solutions for businesses
Funding Insights of Magellan HCM
| 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 |
Investments & Acquisitions by Magellan HCM
| 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 - Magellan HCM
| 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 |
Magellan Hcm Comparisons
Competitors of Magellan HCM
Magellan HCM 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, Randstad 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
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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 |
Cloud-based ATS and CRM systems are offered for staffing agencies.
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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 |
HR outsourcing services are provided to businesses by Insperity.
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| domain | founded_year | HQ Location |
HR management services are provided by Wanted in South Korea.
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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 Magellan HCM
When was Magellan HCM founded?
Magellan HCM was founded in 2003.
Where is Magellan HCM located?
Magellan HCM is headquartered in Lindon, United States. It is registered at Lindon, Utah, United States.
What does Magellan HCM do?
Magellan HCM delivers payroll, benefits, and workers compensation insurance through advanced software and dedicated service. They automate tax reporting, hiring, onboarding, time tracking, scheduling, and reporting to help businesses streamline operations. Based in Provo, Utah, USA, they serve various companies by offering HR expertise and robust tools, enabling focus on core activities without promotional flair.
Who are the top competitors of Magellan HCM?
Magellan HCM's top competitors include Randstad, Alera Group and UKG.
What products or services does Magellan HCM offer?
Magellan HCM offers Payroll Service, Benefits Management, Workers Comp Insurance, and HR Expertise.