Parseq

Rotherham, United Kingdom Founded: 2004 • Age: 22 yrs Acquired By Nova Capital Management
Multi-channel business process outsourcing services are delivered to organizations.
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About Parseq

Parseq is a company based in Rotherham (United Kingdom) founded in 2004 was acquired by Nova Capital Management in October 2011.. Parseq has raised $5.69 million across 2 funding rounds from investors including HarbourVest Partners and Nova Capital. Parseq has completed 4 acquisitions, including 2Touch, 2Touch Careers and Heroku. Parseq offers products and services including Finance and Accounting Services, Payment Services, IT Services, Digital Back Office, and Printing Services. Parseq operates in a competitive market with competitors including Gravitas Recruitment Group, Harvey Nash, Staffline, Armstrong Craven and NES Fircroft, among others.

  • Headquarter Rotherham, United Kingdom
  • Sectors
    Business Services
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Parseq Limited
  • Date of Incorporation 12 May, 2006
  • Jurisdiction ROTHERHAM, SOUTH YORKSHIRE
Operational Areas
Business Services → Workforce & Human Resource Solutions
Technology → Enterprise IT Services & Distribution
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $5.69 M (USD)

    in 2 rounds

  • Latest Funding Round
  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
    2Touch

    & 3 more

  • Acquired by
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Products & Services of Parseq

Parseq offers a comprehensive portfolio of products and services, including Finance and Accounting Services, Payment Services, IT Services, Digital Back Office, and Printing 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.

Primary

Manages accounts, invoices, and credit processing for businesses.

Handles cheque capture and fraud prevention systems.

Provides software resale and digital transformation support.

Offers mailroom and cash allocation services for efficiency.

Manages warehouse and fulfilment operations securely.

People of Parseq
Headcount 200-500
Employee Profiles 34
Employee Profiles
People
Charlotte Littlehales
Key Account Manager
People
Jill Humphrey
Key Account Manager
People
Lee Howitt
Director Of Finance And HR
People
Dey Wilson Fca
Financial Director

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Funding Insights of Parseq

Parseq has successfully raised a total of $5.69M across 2 strategic funding rounds. 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 Rounds 2
  • Last Round
  • First Round

    (12 Jul 2010)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Jun, 2011 Amount Series A - Parseq Valuation

investors

Jul, 2010 Amount Series A - Parseq Valuation

investors

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

Investors in Parseq

Parseq has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include HarbourVest Partners and Nova 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Nova Capital is engaged in complex portfolio acquisitions and investments.
Founded Year Domain Location
Private market investment solutions are offered to institutional clients.
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 Parseq

Parseq has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include 2Touch, 2Touch Careers and Heroku. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

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
Acquisitions
Company Name Description Domain Location Founded Year Amount
Saas based provider of integrated platform as a service solutions
2007
Provider of secure printing & payment services
1991
Management consulting services are provided to various clients.
1969
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Parseq

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

Parseq Comparisons

Employees
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Competitors of Parseq

Parseq 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 Gravitas Recruitment Group, Harvey Nash, Staffline, Armstrong Craven and NES Fircroft, 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
domain founded_year HQ Location
HR recruitment services are provided from London, United Kingdom.
domain founded_year HQ Location
Executive search, professional recruitment, and outsourcing services are offered globally.
domain founded_year HQ Location
Staffing services are provided to businesses across various sectors.
domain founded_year HQ Location
Provider of recruitment services
domain founded_year HQ Location
Job portal for engineers and technical jobs
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 Parseq

Frequently Asked Questions about Parseq

When was Parseq founded?

Parseq was founded in 2004 and raised its 1st funding round 6 years after it was founded.

Where is Parseq located?

Parseq is headquartered in Rotherham, United Kingdom. It is registered at Rotherham, England, United Kingdom.

Is Parseq a funded company?

Parseq is a funded company, having raised a total of $5.69M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5.69M, raised on Jul 12, 2010.

What does Parseq do?

Parseq was founded in 2004 and is headquartered in Rotherham, United Kingdom. Operations focus on the business process outsourcing sector, where multi-channel services are extended to support customer acquisition and efficiency improvements. Key offerings encompass inbound customer service, order fulfillment, workflow management, document management, invoice processing, payments processing, and data hosting. The company recently acquired Acxiom Ltd to broaden its capabilities.

Who are the top competitors of Parseq?

Parseq's top competitors include Affinity Workforce, Staffline and Harvey Nash.

What products or services does Parseq offer?

Parseq offers Finance and Accounting Services, Payment Services, IT Services, Digital Back Office, and Printing Services.

How many acquisitions has Parseq made?

Parseq has made 4 acquisitions, including 2Touch, 2Touch Careers, and Heroku.

Who are Parseq's investors?

Parseq has 2 investors. Key investors include HarbourVest Partners, and Nova Capital.

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