About SourcePointe
SourcePointe is a company based in Birmingham (United States) founded in 2003 by Robby Pierce was acquired by CoAdvantage in January 2021.. SourcePointe offers products and services including Payroll Processing, HR Administration, CoAdQuantum HR Technology, Benefits Management, and Risk Management. SourcePointe operates in a competitive market with competitors including ADP, UKG, Bullhorn, Alera Group and Wanted, among others.
- Headquarter Birmingham, United States
- Founders Robby Pierce
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Sectors
Business Services
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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
- Investors
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Employee Count
Employee Count
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Acquired by
CoAdvantage
(Jan 13, 2021)
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Products & Services of SourcePointe
SourcePointe offers a comprehensive portfolio of products and services, including Payroll Processing, HR Administration, CoAdQuantum HR Technology, Benefits Management, and Risk Management. 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.
Service for managing employee payroll and tax compliance efficiently.
Tools for handling human resources tasks and regulatory requirements.
Platform for HR management and business operations support.
System for administering employee benefits and wellness programs.
Solutions for identifying and mitigating business risks and compliance issues.
Funding Insights of SourcePointe
| 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 SourcePointe
SourcePointe has secured backing from 1 investor. Prominent investors backing the company include CoAdvantage. 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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HR and benefits services are provided to businesses nationwide.
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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 SourcePointe
| 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 - SourcePointe
| 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 |
Sourcepointe Comparisons
Competitors of SourcePointe
SourcePointe 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 Sourcepointe
Frequently Asked Questions about SourcePointe
When was SourcePointe founded?
SourcePointe was founded in 2003.
Where is SourcePointe located?
SourcePointe is headquartered in Birmingham, United States. It is registered at Birmingham, Alabama, United States.
What does SourcePointe do?
SourcePointe was established in 2003 by Robby Pierce in Birmingham, United States. Comprehensive HR solutions are offered, encompassing recruitment, payroll processing, benefits administration, and employee management. Operations focus on supporting businesses across multiple sectors with outsourced services. The company maintains a presence in the human resources industry, serving clients primarily within the United States through its domain sourcepointe.com.
Who are the top competitors of SourcePointe?
SourcePointe's top competitors include Randstad, Alera Group and UKG.
What products or services does SourcePointe offer?
SourcePointe offers Payroll Processing, HR Administration, CoAdQuantum HR Technology, Benefits Management, and Risk Management.
Who are SourcePointe's investors?
SourcePointe has 1 investor. Key investors include CoAdvantage.