DENVER, COLO. (April 28, 2015) – Velocity Global, an International Professional Employer Organization (PEO) based in Denver, is reinventing the way companies expand overseas. It celebrated one year of exponential growth on April 7. During its first year of business, Velocity Global has extended its capabilities into more than 185 countries, supported over 120 international employees and achieved near-perfect client satisfaction results.
“We created Velocity Global because we recognized businesses yearned for a faster, less expensive way to set up in foreign markets,” explains Ben Wright, CEO of Velocity Global. “Our model allows companies extraordinary flexibility and keeps them focused on execution in those markets.”
Velocity Global’s clients, like Kiva Microfunds and GitHub, are changing the way they hire and expand internationally. International PEOs can drastically reduce the time to hire by utilizing a “light footprint” approach, whether they are hiring local nationals or sending expatriates. Velocity Global pioneered this change, helping its clients reduce costs by as much as 50 percent and reduce hire time by up to 90 percent.
Velocity Global has helped over two dozen clients achieve international success and tripled its own headcount after just one year of business. Those figures are expected to quadruple over the next year.
“We attribute the tremendous growth of Velocity Global to clear market demand and our incredible team,” says Wright. “We have the most talented employees in the industry, and we are just getting started.”
About Velocity Global
Founded in 2014, Velocity Global is changing the way companies do business overseas in more than 150 countries. Whether companies are hiring local nationals or sending expatriates into a market, Velocity Global reduces costs and hire time, produces timely and accurate payroll, complies with foreign laws and benefits, and keeps you focused on running your business. To learn more about Velocity Global, visit velocityglobal.com.
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