Velocity Global

Denver, United States Founded: 2014 • Age: 12 yrs
Cloud-based HRMS platform is provided for enterprise workforce management.

About Velocity Global

Velocity Global is a Technology company based in Denver (United States) founded in 2014 by Ben Wright. Cloud-based HRMS platform is provided for enterprise workforce management. Velocity Global has raised $500 million across 2 funding rounds from investors including FFL Partners, Norwest Venture Partners and Eldridge Industries. The company has 380 employees. Velocity Global has completed 2 acquisitions, including ShieldGEO and iWorkGlobal. Its chief executive, as recorded, is Francoise Brougher. Its website velocityglobal.com draws about 67 thousand monthly visits. Its Indian entity Velocity Global Management Services Private Limited reported revenue of β‚Ή200 Cr. Velocity Global offers products and services including Employer of Record, Global Payroll, and Global Benefits. Its focus areas include Enterprise Applications, HRTech and Employer of Record. Its competitors include Deel, Globalization Partners and Multiplier; 2 of its 3 listed competitors have raised funding.

Company details

Velocity Global was established in 2014 in Denver, United States, as a provider of cloud-based HRMS solutions for enterprises. Features such as hiring, onboarding, compliance, contractor classification, and payroll administration are included in the platform. As an employer of record, services like payroll processing, immigration support, and benefits administration are extended to remote workforces. Operations target sectors including life sciences, venture capital, cybersecurity, and private equity.

Key Metrics
  • Indian entity revenue
    ₹200 Cr

    FY 2025 · +12% YoY

  • Indian entity net profit
    ₹1.45 Cr

    FY 2025 · 1% margin

  • Indian entity EBITDA
    ₹2.28 Cr

    FY 2025 · 1% margin

  • Total Equity Funding
    $500M (USD)

    in 2 rounds

  • Latest Funding Round
    $400M (USD), Series B

    May 2022

  • Investors
  • Employee Count
    380
  • Investments & Acquisitions
    ShieldGEO

    & 1 more

Products & Services of Velocity Global

Velocity Global offers a comprehensive portfolio of products and services, including Employer of Record, Global Payroll, and Global Benefits.

Employer of Record
HR Service

Platform for hiring and managing employees globally with compliance support.

Global Payroll
Payroll Management

Service to handle payroll across 185+ countries efficiently and accurately.

Global Benefits
Employee Benefits

Solutions for providing international benefits to remote workers worldwide.

Funding Insights of Velocity Global

Velocity Global has successfully raised a total of $500M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $400 million completed in May 2022. 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 $500M
  • Total Rounds 2
  • Last Round Series B β€” $400M
  • First Round $100M

    (Apr 2021)

  • Investors Count 3

All 2 funding rounds of Velocity Global with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2022$400MSeries B–Eldridge Industries, Norwest Venture Partners
Apr 2021$100MSeries A–FFL Partners
–
Valuation history

3 investors in total: 3 institutional.

Investors in Velocity Global

Velocity Global has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include FFL Partners, Norwest Venture Partners and Eldridge Industries.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Holding company investing in insurance, asset management, technology, mobility, sports, music, real estate, and consumer sectors
eldridge.comMiami, United States
Venture capital and growth equity firm providing investments and resources to entrepreneurs in various sectors.
1961nvp.comMenlo Park, United States
Lower middle market investments are targeted by FFL Partners.
1997fflpartners.comSan Francisco, United States
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Investor details for Velocity Global

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Board of directors of Velocity Global Management Services Private Limited (Velocity Global)

Velocity Global Management Services Private Limited is the primary company behind Velocity Global. The board of Velocity Global Management Services Private Limited currently have 3 directors; the longest-serving is Shawn Lee Mcintire, appointed in 2020. 6 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Shawn Lee Mcintire
DIN 08952153
Director09 Nov 20205 yrs 11 moVelocity Global Management Services Private Limited
Jeffrey Lloyd Woolard
DIN 10430482
Director06 Jan 20242 yrs 10 moVelocity Global Management Services Private Limited
Anuradha Bhojraj
DIN 06882872
Director01 Nov 20242 yrsVelocity Global Management Services Private Limited

People of Velocity Global

198 people are tracked at Velocity Global (37 in leadership, 4 in board & advisors, 157 in team); the tracked headcount is 380.

NameRoleGroup
Ben Wright
Founder & CROLeadership
Francoise Brougher
Chief Executive OfficerLeadership
Chien-Liang Chou
Chief Product & Technology OfficerLeadership
Nicholas Shounak Sarkozi
Vice President Of Strategy And OperationsLeadership
Will J.
Vp, Global ControllerLeadership
Alexandra Silveira
Director Counsel LatamLeadership
Elaine Teoh
Vp, Software EngineeringLeadership
Alan Crush
Director Of Customer ServiceLeadership
Louis Lehmann
Director, Finance OperationsLeadership
Haley Sangster
Vice President HR & Customer ExperienceLeadership
Andres Felipe Garcia Mora
Regional Finance Director - Latam & CanadaLeadership
James Loftus
CFOLeadership
Clare Whitecross Libraro
Vp, Communications And CultureLeadership
Neta Iser
Sr. Director Of DataLeadership
Sabrina Enns
Head Of Product Experience And OperationsLeadership
Shivram Rajaram
Director, Global Delivery CentersLeadership
Hetal Ozsemerciyan
Director, Strategic OperationsLeadership
Tuan le
Director Of EngineeringLeadership
Vanessa Chau
Sr. Director, Global CompensationLeadership
Mark O. Fielding
Director Strategic Partnerships Tax, Legal, Pe, AdvisoryLeadership

178 more people are available in the full profile.

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Financials of Velocity Global

Figures of Velocity Global Management Services Private Limited, the primary company behind Velocity Global, for FY 2025. Revenue was ₹200 Cr (+12% year on year). Net profit was ₹1.45 Cr (1% margin). EBITDA was ₹2.28 Cr (1% margin). Revenue has grown at a compounded annual rate of +38% over three years and +34% over five years.

  • ₹200 CrRevenue · FY 2025 · +12% YoY
  • ₹1.45 CrNet profit · 1% margin
  • ₹2.28 CrEBITDA · 1% margin
  • ₹10 LakhPaid-up capital
  • 380Employees (provident fund records)
  • +38%Revenue CAGR, 3 years
  • +34%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Velocity Global Management Services Private Limited are on its company page.

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Investments & Acquisitions by Velocity Global

Velocity Global has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include ShieldGEO and iWorkGlobal.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Recruitment, payroll, tax, and compliance services are provided.
shieldgeo.comLondon, United Kingdom2015Jul 2021β€’β€’β€’β€’
Enterprise HRMS solutions are delivered via an online platform.
iworkglobal.comSan Francisco, United States2011Apr 2021β€’β€’β€’β€’
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Timeline of Velocity Global

5 dated milestones of Velocity Global across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Velocity Global is founded.
  2. Acquisition Acquires iWorkGlobal.
  3. Funding First funding round of $100.0M.
  4. Acquisition Acquires ShieldGEO.
  5. Funding Latest funding round, Series B, of $400.0M.

Competitors of Velocity Global

Velocity Global has 3 listed competitors in our database, 2 of them funded. They include Deel, Globalization Partners and Multiplier.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
deel.com2019San Francisco, United States$986.19M1,411
Cloud-based HRMS solutions are delivered for enterprise compliance and payroll.
globalization-partners.com2012Boston, United States$350M97
Global teams are hired via AI platform without subsidiaries.
multiplierhq.com2020Denver, United States
Cloud-based SaaS management solutions are offered by Multiplier.
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Detailed competitors of Velocity Global

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Web traffic of Velocity Global

The website of Velocity Global (velocityglobal.com) receives about 67.5K visits a month.

  • Monthly visits
    67.5K

    ▲ 309.1% vs previous month

Similar websites

Websites whose visitors overlap most with Velocity Global. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
fmpglobal.com
100%
View details
usemultiplier.com
96%
309.8K#124,591View details
papayaglobal.com
94%
193.3K#208,766View details
secure.velocityglobalwallet.com
secure.velocityglobalwallet.com
92%
–
mbopartners.com
91%
86.9K#320,381View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Velocity Global (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Velocity Global

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Frequently Asked Questions about Velocity Global

Velocity Global was founded in 2014 and raised its 1st funding round 7 years after it was founded.

Velocity Global is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.

Francoise Brougher is the CEO of Velocity Global, as recorded in our data.

Velocity Global is a funded company, having raised a total of $500M across 2 funding rounds to date. The company's 1st funding round was a Series A of $100M, raised on Apr 2021.

Velocity Global has 380 employees.

The primary company behind Velocity Global, Velocity Global Management Services Private Limited, reported revenue of β‚Ή200 Cr for FY 2025, up 12% year on year.

Velocity Global was established in 2014 in Denver, United States, as a provider of cloud-based HRMS solutions for enterprises. Features such as hiring, onboarding, compliance, contractor classification, and payroll administration are included in the platform. As an employer of record, services like payroll processing, immigration support, and benefits administration are extended to remote workforces. Operations target sectors including life sciences, venture capital, cybersecurity, and private equity.

Velocity Global's top competitors include Deel, Globalization Partners and Multiplier.

Velocity Global offers Employer of Record, Global Payroll, and Global Benefits.

Velocity Global has made 2 acquisitions, including ShieldGEO, and iWorkGlobal.

Velocity Global has 3 investors. Key investors include FFL Partners, Norwest Venture Partners, and Eldridge Industries.

Velocity Global operates through Velocity Global Management Services Private Limited.

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