Company Research Report: Velocity Global

Company Overview

• Name: Velocity Global

• Mission: To make opportunity borderless for people everywhere.

• Founded: 2014

• Key People:

• Francoise Brougher, Chief Executive Officer

• Jeff Woolard, Chief Financial Officer

• Susan McDonough, Chief Operating Officer

• Frank Lucier, Chief Customer Success Officer

• Shawn McIntire, General Counsel

• Craig Steele, Chief Revenue Officer

• Headquarters: Denver, Colorado, USA

• Number of Employees: Hundreds across six continents and 60 countries

• Revenue: No information is available

• Known For: Leader in global Employer of Record (EOR) services and workforce management solutions.

Products

Velocity Global offers a range of products aimed at simplifying global workforce management:

1. Employer of Record (EOR) Services

• Description: Provides the infrastructure for companies to hire, pay, and manage their global workforce without setting up foreign legal entities.

• Key Features:

• Global HR workforce platform.

• Compliance expertise with transparent cost structures.

• Support for hiring across 185+ countries.

2. Contractor Management

• Description: Enables the engagement of contractors and project-based workers worldwide.

• Key Features:

• Compliant contractor engagement.

• Supports operations in 185+ countries.

3. Contingent Workforce Solutions

• Description: Manages time-bound workers to enhance productivity.

• Key Features:

• Easy scalability for contingent workforce.

Recent Developments

• Leadership Updates:

• Francoise Brougher was appointed as the Chief Executive Officer on August 20, 2024. Before becoming CEO, Francoise served on the board of directors.

• Achieved Industry Recognition:

• Velocity Global has been consistently recognized as a leader in the Global EOR landscape by several prestigious organizations:

• Named a leader in the Everest Group’s Global EOR PEAK Matrix® for the third consecutive year.

• Recognized as a leader in NelsonHall's Global Employer of Record (EOR) Evaluation for the fourth consecutive year.

• Media Coverage & Interviews:

• The company's innovative approaches and impacts on managing remote and distributed workforces have been featured in several media outlets. Articles have discussed Velocity Global's technological advancements and strategic growth.

• Reports & Publications:

• Released important industry reports like "Velocity Global: An EOR Leader 3 Years Running" with insights into the competitive landscape of global EOR services.

• NelsonHall's “2024 Global EOR Services NEAT Evaluation” highlights Velocity Global’s technological prowess and client focus.

• Webinars & Events:

• Conducted webinars addressing global compliance and workforce management, including the impact of the EU Platform Work Directive on contingent workforces.

Conclusion

Velocity Global continues to lead in simplifying global workforce management through innovative solutions, expertise in compliance, and strategic leadership, enabling organizations worldwide to engage talent seamlessly and compliantly across borders.