About MomentumHR
MomentumHR is a company based in Savannah (United States) founded in 1999 was acquired by CoAdvantage in November 2022.. MomentumHR offers products and services including Payroll Processing, Benefits Management, Risk Management, and HR Administration. MomentumHR operates in a competitive market with competitors including Randstad, ADP, Alera Group, UKG and Insperity, among others.
- Headquarter Savannah, United States
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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
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Employee Count
Employee Count
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Acquired by
CoAdvantage
(Nov 14, 2022)
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Products & Services of MomentumHR
MomentumHR offers a comprehensive portfolio of products and services, including Payroll Processing, Benefits Management, Risk Management, and HR Administration. 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.
Service for efficient employee payroll management
Platform for handling employee benefits programs
Tools for business risk and compliance oversight
System for general HR administrative tasks
Funding Insights of MomentumHR
| 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 MomentumHR
MomentumHR has secured backing from 1 investor. Prominent investors backing the company include CoAdvantage. 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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HR and benefits services are provided to businesses nationwide.
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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 MomentumHR
| 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 - MomentumHR
| 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 |
Momentumhr Comparisons
Competitors of MomentumHR
MomentumHR 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 MomentumHR
When was MomentumHR founded?
MomentumHR was founded in 1999.
Where is MomentumHR located?
MomentumHR is headquartered in Savannah, United States. It is registered at Savannah, Georgia, United States.
What does MomentumHR do?
MomentumHR was founded in 1999 and is headquartered in Savannah, United States. Operations focus on human resources services within the professional staffing and benefits sector. Recruitment processes are handled, payroll is managed for various client needs, and employee benefit programs are administered. These activities support businesses across the United States, with services delivered through an online domain at momentumhr.net.
Who are the top competitors of MomentumHR?
MomentumHR's top competitors include Randstad, CIEL HR and Alera Group.
What products or services does MomentumHR offer?
MomentumHR offers Payroll Processing, Benefits Management, Risk Management, and HR Administration.
Who are MomentumHR's investors?
MomentumHR has 1 investor. Key investors include CoAdvantage.