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Velocity Global Raises $400M In Series B Growth Round

May 19, 2022•over 3 years ago

Amount Raised

$400 Million

Round Type

series b

Description

Velocity Global, a provider of global talent solutions, has raised $400 million in a Series B funding round, led by Eldridge and Norwest Venture Partners, increasing the company’s valuation seven-fold since the same time last year.

Company Information

Company

Velocity Global

About

The company retains majority ownership and founder Ben Wright continues as CEO and chair of the board of directors. Velocity Global will use the funds to make further strategic investments in technology, sales and marketing, as well as potential future acquisitions to execute on its vision to provide a frictionless solution for businesses and talent to work with anyone, anywhere, anyhow.

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