About People Corporation
People Corporation is a company based in Winnipeg (Canada) founded in 2007 was acquired by Goldman Sachs in December 2020.. The company has 2 employees as of December 31, 2024. People Corporation has completed 12 acquisitions, including Assurances Dalbec, Benefit Partners and Benefits By Design. People Corporation offers products and services including Group Benefits, Group Retirement, Human Resources, Health and Wellness, and Individual Benefits. People Corporation operates in a competitive market with competitors including Bright Horizons Family Solutions, Zenith American Solutions, Intellivo, SAVii and Broadstone, among others.
- Headquarter Winnipeg, Canada
- Employees 2 as on 31 Dec, 2024
- Stage Public
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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
$22 M (USD), Post-IPO
Apr 06, 2020
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Investors
Goldman Sachs
& 1 more
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Employee Count
2
as on Dec 31, 2024
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Investments & Acquisitions
Assurances Dalbec
& 11 more
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Acquired by
Goldman Sachs
(Dec 14, 2020)
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Products & Services of People Corporation
People Corporation offers a comprehensive portfolio of products and services, including Group Benefits, Group Retirement, Human Resources, Health and Wellness, and Individual Benefits. 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.
Solutions for employee health and benefits plan design
Management of retirement and investment programs
Support for HR infrastructure and workforce assessments
Programs for employee health coaching and virtual care
Services for personal insurance and financial planning
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Funding Insights of People Corporation
- Total Funding Total Funding
- Total Rounds 6
- Last Round Post-IPO — $22.0M
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First Round
First Round
(15 May 2015)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Post-IPO - People Corporation | Valuation |
investors |
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| Sep, 2019 | Amount | Post-IPO - People Corporation | Valuation |
investors |
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| Jul, 2019 | Amount | Debt – Conventional - People Corporation | 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 People Corporation
People Corporation has secured backing from 2 investors, including institutional and venture fund investors. Prominent investors backing the company include Goldman Sachs and National Bank Financial Wealth Management. 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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Investment banking services are delivered across multiple financial sectors.
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Founded Year | Domain | Location | |
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Functions as an investment management firm for diversified funds and portfolios.
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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 People Corporation
People Corporation has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Assurances Dalbec, Benefit Partners and Benefits By Design. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Automated HR and benefits platform is provided for enterprises.
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2016 | ||||
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Provider of retirement and pension insurance & financial planning services
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2010 | ||||
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Offers consulting services for group and individual life, long-term care, and disability benefits.
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2005 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - People Corporation
| 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 |
People Corporation Comparisons
Competitors of People Corporation
People Corporation 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 Bright Horizons Family Solutions, Zenith American Solutions, Intellivo, SAVii and Broadstone, 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 |
Early education and child care services are provided globally.
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| domain | founded_year | HQ Location |
Third-party administration services are provided for U.S. workforce benefits.
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| domain | founded_year | HQ Location |
Healthcare claims detection and recovery solutions are provided.
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| domain | founded_year | HQ Location |
Provider of Payday Loans
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| domain | founded_year | HQ Location |
Employee benefits software, pensions management, and actuarial services are provided.
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| domain | founded_year | HQ Location |
PEO services for HR outsourcing are provided by Prestige Employee.
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| 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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Latest news on People Corporation
Frequently Asked Questions about People Corporation
When was People Corporation founded?
People Corporation was founded in 2007 and raised its 1st funding round 8 years after it was founded.
Where is People Corporation located?
People Corporation is headquartered in Winnipeg, Canada. It is registered at Winnipeg, Manitoba, Canada.
Who is the current CEO of People Corporation?
Laurie Goldberg is the current CEO of People Corporation.
How many employees does People Corporation have?
As of Dec 31, 2024, the latest employee count at People Corporation is 2.
What does People Corporation do?
People Corporation was founded in 2007 and is headquartered in Winnipeg, Canada. Operations focus on the human resources sector, where group benefits, retirement plans, and related services are delivered to clients. These offerings support employee welfare and organizational needs across various industries. The company is led by CEO Laurie Goldberg, with services accessible through its domain, peoplecorporation.com.
Who are the top competitors of People Corporation?
People Corporation's top competitors include Bright Horizons Family Solutions, Intellivo and Broadstone.
What products or services does People Corporation offer?
People Corporation offers Group Benefits, Group Retirement, Human Resources, Health and Wellness, and Individual Benefits.
How many acquisitions has People Corporation made?
People Corporation has made 12 acquisitions, including Assurances Dalbec, Benefit Partners, and Benefits By Design.
Who are People Corporation's investors?
People Corporation has 2 investors. Key investors include Goldman Sachs, and National Bank Financial Wealth Management.
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