Led · Equity · Feb 2020

Globalization Partners operates an employment platform that simplifies remote team building and enables companies to hire anyone, anywhere, within minutes. Led by CEO and Founder Nicole Sahin and President Bob Cahill, the company serves an active customer base including CoinDesk, TaylorMade and Chime. It reports approximately $1 billion in annual recurring revenue and maintains a partnership network that includes ADP TotalSource, Kruze Consulting, Global Chamber and London & Partners. The company raised $200M in funding that valued it at $4.2 billion in a round led by Vista Credit Partners. Globalization Partners said it will use the funds to expand its share of the $176 billion global remote employment market. The company is based in Boston, MA. Globalization Partners provides a platform that enables companies to hire talent in more than 170 countries by placing the worker on a locally compliant payroll, removing the need for customers to navigate complex international legal, tax, and HR issues. Founded in 2012 by CEO Nicole Sahin, the company is based in Boston and San Diego and maintains regional hubs in the UK, Germany, the UAE, India, Shanghai, Singapore, Brazil, and Mexico. Its core product functions as an employer-of-record service: companies identify the talent and Globalization Partners puts that team member on their locally compliant payroll. The company closed a $150M minority equity investment in 2020. It intends to use the funds to invest in client services, technology development, sales, and global expansion. No operating metrics such as revenue or user counts were disclosed in the announcement.