Velocity Global operates a platform that offers Employer of Record services, Independent Contractor Compliance, and Agent of Record capabilities to help companies hire remote employees without creating foreign or state entities. The company supports EoR services in more than 185 countries and expanded to all 50 U.S. states through its acquisition of iWorkGlobal. Velocity Global serves more than 700 brands and around 4,000 supported employees, and has grown to approximately 300 employees worldwide after adding 40 iWorkGlobal staff. The business combines technology, local compliance expertise, and personalized customer experience to manage payroll, benefits, and in-country compliance. The company plans to use new capital to fund additional strategic acquisitions, technology development, and further expansion of its global footprint, including growing to nearly 50 wholly‑owned foreign legal entities by year-end. Velocity Global was founded in 2014 and is headquartered in Denver, Colorado, with regional headquarters in Amsterdam, Bogotá, and Singapore.

Total raised

$100M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2021