About SD Worx
SD Worx is a company based in Antwerp (Belgium) founded in 1945.. The company has 86 employees as of December 31, 2021. SD Worx has completed 12 acquisitions, including Adessa Group, Colorful.hr and HR Pro. SD Worx offers products and services including Recruitment Software, Payroll Solutions, and Workforce Management Tools. SD Worx operates in a competitive market with competitors including ADP, UKG, Randstad, Bullhorn and Insperity, among others.
- Headquarter Antwerp, Belgium
- Employees 86 as on 31 Dec, 2021
-
Sectors
Business Services
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Sd Worx Social Secretariat
-
Annual Revenue
$12.65 M (USD)3as on Dec 31, 2020
-
Net Profit
$-2.93 M (USD)-254as on Dec 31, 2020
-
EBITDA
-
Latest Funding Round
$245.04 K (USD), Grant
Jan 01, 2024
- Investors
-
Employee Count
86
as on Dec 31, 2021
-
Investments & Acquisitions
Adessa Group
& 11 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of SD Worx
SD Worx offers a comprehensive portfolio of products and services, including Recruitment Software, Payroll Solutions, and Workforce Management Tools. 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.
Software for building candidate pipelines and matching talent efficiently.
Services for accurate payroll processing and employee reward systems.
Tools for time tracking and task assignment to enhance efficiency.
Unlock access to complete
Unlock access to complete
Software Development Team
31 people
Sales and Marketing
31 people
Human Resources and Administration
27 people
Product Management Team
26 people
Legal and Compliance
17 people
Payroll Team
14 people
Finance and Accounting
11 people
Senior Team
11 people
Unlock access to complete
Funding Insights of SD Worx
- Total Funding Total Funding
- Total Rounds 1
- Last Round Grant — $245,043
-
First Round
First Round
(01 Jan 2024)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan, 2024 | Amount | Grant - SD Worx | 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 SD Worx
SD Worx has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union. 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 |
|---|---|---|---|---|
|
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
|
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 SD Worx
SD Worx has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Adessa Group, Colorful.hr and HR Pro. 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 |
|---|---|---|---|---|---|
|
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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
HR and payroll solutions are provided for SMEs.
|
2020 | ||||
|
Interim recruitment services are provided by Vio in Belgium.
|
2008 | ||||
|
A range of HR services is provided by F2A.
|
2006 |
| 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 - SD Worx
| 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 |
Sd Worx Comparisons
Competitors of SD Worx
SD Worx 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, Randstad, Bullhorn and Insperity, 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 |
Cloud-based HR management solutions are offered for payroll and compliance.
|
|
| domain | founded_year | HQ Location |
Provider of HR and payroll & workforce management solutions
|
|
| domain | founded_year | HQ Location |
HR consulting, recruitment, and outsourcing services are offered worldwide.
|
|
| domain | founded_year | HQ Location |
Cloud-based ATS and CRM systems are offered for staffing agencies.
|
|
| domain | founded_year | HQ Location |
HR outsourcing services are provided to businesses by Insperity.
|
|
| domain | founded_year | HQ Location |
HR, insurance, and liability services are provided by Alera Group.
|
| 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 Sd Worx
Frequently Asked Questions about SD Worx
When was SD Worx founded?
SD Worx was founded in 1945 and raised its 1st funding round 79 years after it was founded.
Where is SD Worx located?
SD Worx is headquartered in Antwerp, Belgium.
Who is the current CEO of SD Worx?
Kobe Verdonck is the current CEO of SD Worx.
How many employees does SD Worx have?
As of Dec 31, 2021, the latest employee count at SD Worx is 86.
What is the annual revenue of SD Worx?
Annual revenue of SD Worx is $12.65M as on Dec 31, 2020.
What does SD Worx do?
SD Worx was established in 1945 in Antwerp, Belgium, as a provider in the human resources sector. Payroll processing and recruitment solutions are delivered to businesses across Europe. Operations encompass compliance management, employee data handling, and workforce optimization services. Focus is placed on integrating technology for efficient HR administration, with headquarters maintained in Belgium and a presence in multiple countries. Leadership is provided by CEO Kobe Verdonck.
Who are the top competitors of SD Worx?
SD Worx's top competitors include Randstad, Alera Group and UKG.
What products or services does SD Worx offer?
SD Worx offers Recruitment Software, Payroll Solutions, and Workforce Management Tools.
How many acquisitions has SD Worx made?
SD Worx has made 12 acquisitions, including Adessa Group, Colorful.hr, and HR Pro.
Who are SD Worx's investors?
SD Worx has 1 investor. Key investors include European Union.