Velocity Global

Employer of record — an HR-tech company that acts as an intermediary employer for the actual employer

Analytics date: 04.10.2024

Basic information

Head office

Denver, USA
Head office
Geography of business
United States of America
- United States of America
- Algeria
- Angola
- Benin
- Botswana
- Burkina Faso
- Burundi
- Cameroon
- Central African Republic
- Chad
- Comoros
- Côte d’Ivoire
- Egypt
- Equatorial Guinea
- Ethiopia
- Gabon
- Gambia
- Ghana
- Guinea
- Guinea-Bissau
- Kenya
- Lesotho
- Liberia
- Madagascar
- Malawi
- Mali
- Mauritania
- Mauritius
- Morocco
- Mozambique
- Namibia
- Niger
- Nigeria
- Congo - Brazzaville
- Rwanda
- Réunion
- Senegal
- Seychelles
- Sierra Leone
- Somalia
- South Africa
- Sudan
- Swaziland
- Tanzania
- Togo
- Tunisia
- Uganda
- Zambia
- Zimbabwe
- Argentina
- Aruba
- Bahamas
- Barbados
- Belize
- Bermuda
- Bolivia
- Brazil
- British Virgin Islands
- Canada
- Cayman Islands
- Chile
- Colombia
- Costa Rica
- Dominica
- Dominican Republic
- Ecuador
- El Salvador
- French Guiana
- Greenland
- Grenada
- Guatemala
- Guyana
- Haiti
- Honduras
- Jamaica
- Mexico
- Nicaragua
- Panama
- Paraguay
- Peru
- Puerto Rico
- Suriname
- Trinidad and Tobago
- Turks and Caicos Islands
- Uruguay
- Afghanistan
- Armenia
- Azerbaijan
- Bahrain
- Bangladesh
- Bhutan
- Brunei Darussalam
- Cambodia
- China
- Cyprus
- Georgia
- Hong Kong SAR China
- Indonesia
- India
- Iraq
- Israel
- Japan
- Jordan
- Kazakhstan
- Kuwait
- Kyrgyzstan
- Lao PDR
- Lebanon
- Macau SAR China
- Malaysia
- Mongolia
- Myanmar
- Nepal
- Oman
- Pakistan
- Qatar
- Saudi Arabia
- Singapore
- South Korea
- Sri Lanka
- Taiwan
- Tajikistan
- Thailand
- Turkmenistan
- Turkey
- United Arab Emirates
- Uzbekistan
- Vietnam
- Albania
- Austria
- Belgium
- Belarus
- Bosnia and Herzegovina
- Bulgaria
- Croatia
- Czech Republic
- Denmark
- Germany
- Estonia
- Finland
- France
- Macedonia
- Greece
- Hungary
- Iceland
- Ireland
- Italy
- Latvia
- Liechtenstein
- Lithuania
- Luxembourg
- Malta
- Moldova
- Montenegro
- Netherlands
- Norway
- Poland
- Portugal
- Romania
- Russia
- Serbia
- Slovenia
- Slovakia
- Spain
- Sweden
- Switzerland
- Ukraine
- United Kingdom
- Australia
- Fiji
- Guam
- New Zealand
- Northern Mariana Islands
- Papua New Guinea
- Palau
- Samoa
- Solomon Islands
- Tonga
Geography of business
Date of the last round

Last round 05/2022
Date of the last round
Total funds raised

$500M+
Total funds raised

Analytics date: 04.10.2024

Industry analysis

Employment Screening Services Market to Reach $19.6 billion, Globally, by 2033 at 11.2% CAGR

Allied Market Research

2023 Survey on industry trends in HR Technology and Service Delivery

Since the pandemic, HR organizations have adjusted their short-term goals to optimize work-from-home models, drive employee self-service, deploy user-friendly tools and improve communication from leadership.

2024 HR Technology Imperatives by Gartner

A recent Gartner survey reveals that 56% of HR leaders say their HR technology solutions and strategy do not match current and future business needs. As technology continues to be the No. 1 area of investment in the HR budget, HR technology leaders must innovate to ensure technology delivers business value in a volatile economy.

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Competitor analysis

Leaders in the ratio of valuation to investment

The histogram shows the ratio of the company's value to the volume of investments received. The post-money estimate of the last round is taken as the cost of the company. The volume of investments is the amount of funds raised by the company during all rounds + debt financing. The histogram shows the coefficient obtained by dividing the value of the company by the amount of investments received by it. Accordingly, the higher the coefficient, the better: the less money the company needed to achieve its valuation. The companies on the histogram are arranged in descending order of the coefficient.

Growth rates of companies in the sector

This chart illustrates the progression of private companies' official valuations over time. The post-money valuation of the company during each official financing round is depicted. Each data point represents an investment round, with the company's valuation expressed in US dollars. The timeline is displayed in quarters. By default, the most recent quarters are visible, but you can navigate to earlier periods using the left scroll. To view the chart in full screen, utilize the chart submenu options.