Safeguard Global Secures Significant Equity Investment from Accel-KKR
Safeguard Global, a world leader in driving long-term growth through constant innovation of global workforce deployment for businesses, today announced it has secured a significant growth equity investment from Accel-KKR, a leading Silicon Valley-based investment firm.
Safeguard Global will use the capital to further its innovation and leadership in deploying workforce solutions, including payroll and employment services, as well as to expand its global footprint to better serve its growing international customer base.
“Multinational companies are desperately seeking partners that are innovating to solve incredibly complex business challenges, and they are moving away from the industry behemoths that are mostly just focused on driving next-quarter sales, said Bjorn Reynolds, Founder and CEO, Safeguard Global. “Safeguard Global has a platform-centric vision that enables multinational employers to make decisions at the intersection of their employees and business. We couldn’t be more excited to partner with Accel-KKR and leverage their experience and resources to help Safeguard Global reach new heights.”
Safeguard Global offers industry-leading products and technologies that empower businesses to grow, scale and pay employees in new geographies, while adhering to country-specific rules, laws and regulations. For more than 10 years, its comprehensive platform has removed the guesswork from global expansion and payroll for some of the world’s leading brands. In that time, Safeguard Global has grown from its initial offering of international payroll solutions to a global expansion catalyst service with employment outsourcing and more, helping more than 300 clients scale and expand across 179 countries.
Read more on this story via FinSMEs.