Boundless Technologies

Founded in 2019 in Dublin, Ireland, Boundless Technologies Ltd offers services that facilitate compliant employment for companies looking to hire internationally. The company was co-founded by Dee Coakley and Emily Castles., a portfolio company of Fidelity Investments, Winslow Capital Management, Dragoneer Investment Group, Franklin Templeton, CBC Capital, TCV, Wellington Management, Pingan Caizhi Capital, Susquehanna Growth Equity, Vintage Investment Partners, Viola Group, Greylock Partners, 83 North, and Crossbar Capital, acquired Boundless Technologies Ltd from Enterprise Ireland, Seedcamp, Ada Ventures, and Fyrfly Venture Partners. Boundless Technologies Ltd. offers comprehensive Employer of Record (EOR) services that facilitate compliant employment across various global markets. Their core service includes managing payroll, taxes, benefits, and compliance for companies looking to hire employees internationally without establishing a legal entity in each country. This service allows businesses to focus on growth while ensuring that all local labor laws and regulations are followed. Boundless serves a diverse clientele, including companies in sectors such as technology and consulting, and allows them to hire talent in multiple countries, such as the UK, Canada, Australia, and across 36 European nations.Boundless operates on a revenue model that primarily includes service fees for their EOR offerings, structured as subscription-based agreements with clients. These agreements allow companies to access their services, which include the management of international payroll and compliance requirements. Clients pay a consolidated fee, which covers the full spectrum of services provided, including payroll processing and employee benefits management. The pricing structure is designed to be transparent and predictable, enabling businesses to budget accordingly. By simplifying the complexities associated with global employment, Boundless generates revenue through these ongoing partnerships with companies seeking to expand their workforce internationally while ensuring compliance with local labor regulations. Boundless Technologies Ltd will help Boundless Technologies Ltd to bring their European expertise to a truly global platform, helping more companies navigate the complexities of international hiring and compliance.

1. Seed

   Mar 18, 2021

   Amount

   $3.7M

   Investors

   Locked