HSP Group

Business Support ServicesSeries BBonita Springs, UShsp.com

Latest round

Series B

Last raised

Nov 2022

Total raised

$35M

Investors

6

About HSP Group

HSP Group, Inc. is a provider of global expansion management solutions, focusing on automating payroll, HR, and compliance processes through advanced technology.HSP Group, Inc. specializes in global expansion management, helping businesses automate payroll and compliance processes.HSP Group specializes in providing comprehensive global expansion management solutions, with a primary focus on automating and streamlining payroll, HR, compliance, and related administrative processes through their proprietary technology platform, GateWay. This platform enables clients to manage their international operations within a single interface, addressing complexities in payroll compliance, legal matters, and entity management across various jurisdictions. HSP Group serves a diverse clientele that includes finance and HR departments of both large enterprises and startups looking to expand their operations globally.HSP Group generates revenue through various service offerings tied to their GateWay platform, which operates on a subscription-based model. Clients engage with the company primarily through B2B transactions, leveraging HSP's expertise in areas such as global payroll, HR administration, and compliance consulting. The company provides tailored solutions that may include entity management and tax compliance services, allowing clients to optimize their international workforce strategies. Pricing structures are defined based on the specific needs and scale of the client’s operations, encompassing both standard packages and bespoke services to accommodate varying complexity levels in different regions.In October 2024, HSP Group, Inc. The company plans to utilize these funds to enhance its technology platform and expand its service offerings. HSP aims to launch new products centered on improving compliance automation and exploring additional markets in Asia by 2025. These initiatives are designed to bolster their existing client base and attract new customers looking for robust global expansion management solutions.

Who invested in HSP Group

6 investors across 5 rounds

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Funding rounds

  1. Series B

    Nov 21, 2022

    Amount

    $14M

    Investors

    Locked

  2. Series D

    Mar 26, 2013

    Amount

    $8M

    Investors

    Locked

  3. Series C

    Aug 10, 2011

    Amount

    $6.3M

    Investors

    Locked

  4. Series B

    May 3, 2010

    Amount

    $6M

    Investors

    Locked

  5. Series A

    Jan 30, 2009

    Amount

    $1M

    Investors

    Locked

Questions about HSP Group

Who invested in HSP Group?

HSP Group has 6 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has HSP Group raised?

HSP Group has raised 5 venture rounds. Sign up free to see how much each round raised and the total.

When did HSP Group last raise money?

HSP Group's most recent round on record is a Series B, in Nov 2022.

What does HSP Group do?

HSP Group is a business support services company.

Where is HSP Group headquartered?

HSP Group is headquartered in Bonita Springs, US.

Which VCs invest in companies like HSP Group?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at HSP Group's stage. Their profiles are linked below.

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