# KMC MAG Solutions

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/kmc-mag-solutions

- Industry: Outsourcing
- Headquarters: Manila, Philippines
- Website: www.kmc.solutions
- Latest round: Series A (Apr 10, 2019)
- Investors on record: 1

## About

KMC MAG Solutions, Inc. specializes in comprehensive Employer of Record (EOR) services, enabling businesses to efficiently hire and manage international teams while ensuring compliance with local regulations.Founded in 2010 and headquartered in Manila, Philippines, KMC MAG Solutions, Inc. offers EOR solutions that streamline global hiring processes. The company was co-founded by Amanda Carpo, Gregory Kittelson, and Michael McCullough, and is currently led by CEO Kevin Knight. KMC has executed a single deal, raising Series A funding in April 2019 from AIGF Advisors.KMC Solutions delivers extensive Employer of Record (EOR) services, which allow companies to recruit, hire, and manage international employees without necessitating a local entity. Their offerings cover the entire employment lifecycle, including recruitment, onboarding, payroll processing, tax compliance, and human resource support. KMC serves hyper-growth companies seeking to expand in markets such as the Philippines, Vietnam, Mexico, and Colombia, counting clients like Zoom, Okta, Airbnb, and eBay among those who rely on their expertise to build compliant teams.In the year 2023, KMC Solutions reported a revenue of USD 108.10 mn, with an EBITDA of USD 7.90 mn. The company's revenue model is based on B2B transactions, where clients engage KMC for comprehensive EOR packages that include services tailored to their operational needs.KMC MAG Solutions, Inc. plans to leverage its recent funding from the Series A round in April 2019 to enhance its product offerings and expand into new markets. The company is focused on developing advanced EOR solutions tailored for the Southeast Asian and Latin American markets, positioning itself for increased demand in these regions. Further product launches are anticipated as part of their strategy to adapt to evolving client needs in global hiring.

## Funding rounds

- Series A, Apr 10, 2019 — AIGF Advisors

## Investors

- AIGF Advisors (https://capitalatlas.ai/funds/aigf-advisors) — Series A