About Reed Group
Reed Group is a company based in Westminster (United States) founded in 2010 was acquired by Alight in December 2022.. Reed Group operates in a competitive market with competitors including Jibble, Workwell Technologies, ClockShark, absence.io and Andgo, among others.
- Headquarter Westminster, United States
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Reed Group Management Llc
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Funding Insights of Reed Group
| 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 Reed Group
Reed Group has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Alight and Audax Private 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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Private equity investments in middle market companies across North America.
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Cloud-based HRMS solutions are offered for enterprise HR management.
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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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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 Reed Group
| 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 - Reed Group
| 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 |
Reed Group Comparisons
Competitors of Reed Group
Reed Group 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 Jibble, Workwell Technologies, ClockShark, absence.io and Andgo, 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 |
Time tracking and attendance are facilitated through Slack integration.
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| domain | founded_year | HQ Location |
Workforce management solutions are provided for small businesses.
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| domain | founded_year | HQ Location |
Automated employee time tracking is facilitated through cloud-based tools.
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| domain | founded_year | HQ Location |
Leave management software is provided for organizational teams.
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Employee absences are managed via an online platform for enterprises.
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An online platform is utilized for document management and collaboration.
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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 Reed Group
Frequently Asked Questions about Reed Group
When was Reed Group founded?
Reed Group was founded in 2010.
Where is Reed Group located?
Reed Group is headquartered in Westminster, United States.
What does Reed Group do?
Reed Group was founded in 2010 in Westminster, United States, where cloud-based software for absence and leave management is offered to enterprises. The suite includes Absence Care for disability support services, MDGuidelines for return-to-work tools and protocols, Leave Pro as core management software, Leave Advisor for online leave law resources, and Absence Insights for absence analytics. Operations target the HR technology sector.
Who are the top competitors of Reed Group?
Reed Group's top competitors include Cocoon, Jibble and Workwell Technologies.
Who are Reed Group's investors?
Reed Group has 2 investors. Key investors include Alight, and Audax Private Equity.
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