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Velocity Global Raises $400M in Series B Growth Round

Velocity Global Raises $400M in Series B Growth Round

DENVER, US, May 23 (Korea Bizwire) – Velocity Global, the leading provider of global talent solutions, announced today that it raised $400 million in its Series B funding round, increasing the company’s valuation seven-fold since the same time last year. This second round of funding is led by Eldridge and Norwest Venture Partners which join Series A investor FFL Partners [...]

Velocity Global Launches Next-gen Technology to Power its Global Work Platform

Velocity Global Launches Next-gen Technology to Power its Global Work Platform

LAS VEGAS, Oct. 1 (Korea Bizwire) - Velocity Global scales its leading global work platform with the launch of its next-generation technology. Built on proprietary code and best-in-breed cloud solutions, the latest version streamlines the client and talent experience to deliver real-time insights to compliantly manage distributed teams. Video: Velocity Global’s next-generation technology https://youtu.be/7FQk5Mvu4OI Velocity Global [...]

Velocity Global Acquires Shield GEO in Second Growth Transaction This Year

Velocity Global Acquires Shield GEO in Second Growth Transaction This Year

DENVER, US, July 16 (Korea Bizwire) - Velocity Global continues to scale its leading global work platform with the acquisition of Shield GEO, an established global Employer of Record (EoR) provider. This is Velocity Global’s second acquisition this year, after it acquired iWorkGlobal in April. The company deployed capital from the $100 million growth investment from FFL Partners announced [...]

Velocity Global Acquires iWorkGlobal to Accelerate Remote Work and Global Expansion Platform; Receives $100M Growth Investment from FFL Partners

Velocity Global Acquires iWorkGlobal to Accelerate Remote Work and Global Expansion Platform; Receives $100M Growth Investment from FFL Partners

DENVER and SAN FRANCISCO, US, April 9 (Korea Bizwire) – Velocity Global, the leading provider of global expansion solutions, today announced its acquisition of iWorkGlobal, a wholly owned subsidiary of Gary D. Nelson and Associates, and a $100 million growth investment from private equity firm FFL Partners. The combined company, under the Velocity Global name, [...]