About Resourcing Edge
Resourcing Edge is a company based in Rockwall (United States) founded in 2003 was acquired by OneDigital in March 2022.. Resourcing Edge has raised $3.65 million across 1 funding round from investors including OneDigital, Assurity and CVF Capital Partners. The company has 3,745 employees as of December 31, 2021. Resourcing Edge offers products and services including Payroll Solutions, Benefits Administration, Risk Management Services, re360 Platform, and Recruiting Services. Resourcing Edge operates in a competitive market with competitors including Azets, XTM, Wage, Perquest and Norian, among others.
- Headquarter Rockwall, United States
- Employees 3745 as on 31 Dec, 2021
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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
*********
- Legal Name Resourcing Edge I, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$3.65 M (USD)
in 1 rounds
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Latest Funding Round
$3.65 M (USD), Series A
Jun 01, 2013
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Investors
OneDigital
& 3 more
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Employee Count
3745
as on Dec 31, 2021
- Acquired by
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Products & Services of Resourcing Edge
Resourcing Edge offers a comprehensive portfolio of products and services, including Payroll Solutions, Benefits Administration, Risk Management Services, re360 Platform, and Recruiting 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.
Manages payroll processing, tax administration, and reporting for businesses.
Handles employee benefits enrollment, claims, and premium reconciliation.
Provides risk assessments and OSHA compliance assistance for companies.
Offers web-based access for payroll, reporting, and employee management.
Delivers direct hire recruiting and candidate screening processes.
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Funding Insights of Resourcing Edge
Resourcing Edge has successfully raised a total of $3.65M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.65 million completed in June 2013. 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 Funding
- Total Rounds 1
- Last Round Series A — $3.6M
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First Round
First Round
(01 Jun 2013)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2013 | Amount | Series A - Resourcing Edge | Valuation | CVF Capital Partners |
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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 Resourcing Edge
Resourcing Edge has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include OneDigital, Assurity and CVF Capital Partners. 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 is directed toward lower middle market companies.
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Founded Year | Domain | Location | |
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Sowell & Co. is engaged in investment across multiple industries.
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Founded Year | Domain | Location | |
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HR management solutions, including advisory and compliance services, are provided.
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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 Resourcing Edge
| 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 - Resourcing Edge
| 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 |
Resourcing Edge Comparisons
Competitors of Resourcing Edge
Resourcing Edge 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 Azets, XTM, Wage, Perquest and Norian, 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 |
Online accounting, tax, and audit management services for small businesses
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| domain | founded_year | HQ Location |
On-demand payment solutions are provided for service industry businesses.
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| domain | founded_year | HQ Location |
Payroll management services are provided to businesses.
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| domain | founded_year | HQ Location |
Functions as an online firm providing payroll and HR services.
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| domain | founded_year | HQ Location |
RPA consulting, implementation, and delivery services are offered by Norian.
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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 Resourcing Edge
Frequently Asked Questions about Resourcing Edge
When was Resourcing Edge founded?
Resourcing Edge was founded in 2003 and raised its 1st funding round 10 years after it was founded.
Where is Resourcing Edge located?
Resourcing Edge is headquartered in Rockwall, United States. It is registered at Rockwall, Texas, United States.
Is Resourcing Edge a funded company?
Resourcing Edge is a funded company, having raised a total of $3.65M across 1 funding round to date. The company's 1st funding round was a Series A of $3.65M, raised on Jun 01, 2013.
How many employees does Resourcing Edge have?
As of Dec 31, 2021, the latest employee count at Resourcing Edge is 3,745.
What does Resourcing Edge do?
Resourcing Edge was founded in 2003 and is headquartered in Rockwall, United States. Operations focus on the human capital management sector, where services such as employee management, pre-hiring background checks, employee assessments, training programs, assistance solutions, employee benefits, and payroll processing are offered to enterprises. These solutions support various aspects of workforce administration across the organization.
Who are the top competitors of Resourcing Edge?
What products or services does Resourcing Edge offer?
Resourcing Edge offers Payroll Solutions, Benefits Administration, Risk Management Services, re360 Platform, and Recruiting Services.
Who are Resourcing Edge's investors?
Resourcing Edge has 4 investors. Key investors include OneDigital, Assurity, CVF Capital Partners, and Sowell & Co..
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