About Questco
Questco is a company based in Conroe (United States) founded in 1989 was acquired by Parallel49 Equity in May 2016. It operates as a Professional Services, and Managed Services. The company has 4,800 employees as of October 31, 2017. Questco offers products and services including HR Operations, Payroll, Employee Benefits, HR Compliance, and HR Technology. Questco operates in a competitive market with competitors including ADP, UKG, Bullhorn, Alera Group and Wanted, among others.
- Headquarter Conroe, United States
- Employees 4800 as on 31 Oct, 2017
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Sectors
Business Services
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Questco Companies
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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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Investors
Acacia Partners
& 1 more
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Employee Count
4800
as on Oct 31, 2017
- Acquired by
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Products & Services of Questco
Questco offers a comprehensive portfolio of products and services, including HR Operations, Payroll, Employee Benefits, HR Compliance, and HR Technology. 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.
HR operations are managed to enhance business success.
Payroll services are provided for efficiency and accuracy.
Employee benefits are offered with a personal touch.
HR compliance support is given to avoid mistakes.
HR technology is leveraged for workforce data accuracy.
Safety programs are provided for workplace cost reduction.
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Funding Insights of Questco
| 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 Questco
Questco has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Acacia Partners and Parallel49 Equity. 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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US private equity investments are managed by Acacia Partners.
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Founded Year | Domain | Location | |
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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 Questco
| 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 - Questco
| 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 |
Questco Comparisons
Competitors of Questco
Questco 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, Alera Group and Wanted, 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, insurance, and liability services are provided by Alera Group.
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| domain | founded_year | HQ Location |
HR management services are provided by Wanted in South Korea.
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| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
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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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Latest news on Questco
Frequently Asked Questions about Questco
When was Questco founded?
Questco was founded in 1989.
Where is Questco located?
Questco is headquartered in Conroe, United States. It is registered at Conroe, Texas, United States.
Who is the current CEO of Questco?
Jason Randall is the current CEO of Questco.
How many employees does Questco have?
As of Oct 31, 2017, the latest employee count at Questco is 4,800.
What does Questco do?
Questco is established as a Professional Employer Organization (PEO) that offers a comprehensive range of HR outsourcing services across the United States. Services provided include HR operations, payroll management, employee benefits, HR compliance, HR technology solutions, and safety and workers compensation programs. The company is focused on supporting small to mid-sized businesses by allowing them to concentrate on core operations while HR functions are managed externally. Questco operates in various sectors, tailoring solutions to align with specific business goals through customized service plans. National coverage is ensured with offices in multiple states including Arizona, Nebraska, and Colorado, with headquarters located in The Woodlands, Texas.
Who are the top competitors of Questco?
Questco's top competitors include Randstad, Alera Group and UKG.
What products or services does Questco offer?
Questco offers HR Operations, Payroll, Employee Benefits, HR Compliance, and 2 more products and services.
Who are Questco's investors?
Questco has 2 investors. Key investors include Acacia Partners, and Parallel49 Equity.