About Workforce Logiq
Workforce Logiq is a company based in Orlando (United States) founded in 1999 was acquired by PRO Unlimited in August 2021.. The company has 143 employees as of March 23, 2024. Workforce Logiq has completed 1 acquisition, including Engage Talent. Workforce Logiq offers products and services including Managed Service Provider and Vendor Management System.
- Headquarter Orlando, United States
- Employees 143 as on 23 Mar, 2024
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Email
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Phone
*********
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Website
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Social
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- Legal Name Workforce Logiq India Private Limited
- Date of Incorporation 14 Dec, 2011
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$16.45 M (USD)-1.35as on Mar 31, 2023
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Net Profit
$1.39 M (USD)-20.7as on Mar 31, 2023
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EBITDA
$1.74 M (USD)6.15as on Mar 31, 2023
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Latest Funding Round
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Investors
The Carlyle Group
& 1 more
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Employee Count
143
as on Mar 23, 2024
- Investments & Acquisitions
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Acquired by
PRO Unlimited
(Aug 17, 2021)
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Products & Services of Workforce Logiq
Workforce Logiq offers a comprehensive portfolio of products and services, including Managed Service Provider and Vendor Management System. 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.
Services for navigating contingent workforce journeys are provided through this offering.
A visionary platform for workforce management is offered to enhance efficiency and control.
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Funding Insights of Workforce Logiq
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Aug, 2017 | Amount | Private Equity Round - Workforce Logiq | Valuation | The Carlyle Group |
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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 Workforce Logiq
Workforce Logiq has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include The Carlyle Group and Magnit. 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 are directed toward multiple sectors.
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Founded Year | Domain | Location | |
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Magnit is recognized as a leader in contingent workforce 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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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 Workforce Logiq
Workforce Logiq has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Engage Talent. 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 |
|---|---|---|---|---|---|
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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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Passive candidate database for recruiters
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2009 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Workforce Logiq
| 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 |
Workforce Logiq Comparisons
Competitors of Workforce Logiq
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Workforce Logiq
When was Workforce Logiq founded?
Workforce Logiq was founded in 1999 and raised its 1st funding round 18 years after it was founded.
Where is Workforce Logiq located?
Workforce Logiq is headquartered in Orlando, United States. It is registered at Orlando, Florida, United States.
How many employees does Workforce Logiq have?
As of Mar 23, 2024, the latest employee count at Workforce Logiq is 143.
What is the annual revenue of Workforce Logiq?
Annual revenue of Workforce Logiq is $16.45M as on Mar 31, 2023.
What does Workforce Logiq do?
Provider of integrated workforce management platform and solutions. This platform offers various services including managed service provider (MSP), employer of record (EOR), services procurement, vendor management system (VMS), direct sourcing, total talent intelligence, and shift-based workforce management. Additional offerings encompass strategic advisory and diversity, equity inclusion services. The platform aims to streamline contingent workforce management, improving efficiency and cost control. It provides tools for talent acquisition, onboarding, and ongoing management of contingent workers.
What products or services does Workforce Logiq offer?
Workforce Logiq offers Managed Service Provider and Vendor Management System.
How many acquisitions has Workforce Logiq made?
Workforce Logiq has made 1 acquisition, including Engage Talent.
Who are Workforce Logiq's investors?
Workforce Logiq has 2 investors. Key investors include The Carlyle Group, and Magnit.