Private Equity Funded Administrative Services Startups
The 23 private equity rounds in this administrative services dataset span August 2021 through October 2022, with the largest disclosed deals concentrated i…
The 23 private equity rounds in this administrative services dataset span August 2021 through October 2022, with the largest disclosed deals concentrated in HR technology and workflow software. Formstack (Fishers, Indiana) closed the biggest disclosed round at $425M in November 2021, followed by Beqom (Fribourg, Switzerland) at $300M in April 2022 and Nexamp (Boston) at $240M in August 2021. HR Path (Paris) pulled $237M in May 2022, while Globalization Partners (Boston) and 360Learning (New York) each raised $200M.
The dataset skews heavily toward the United States — Boston appears three times (Said Differently, Globalization Partners, Nexamp), Chicago twice (Envoy Global, The Mom Project), and San Francisco twice (PeopleGrove, Vivian Health). International representation includes HR Path in Paris, Beqom in Fribourg, KraftPal in London, and Plugify in São Paulo. Roughly half of the 23 rounds list undisclosed amounts, making the disclosed figures a partial view of total capital deployed in this cohort.
Most recent rounds
23 shownRelated listings
Frequently asked
What are the largest disclosed PE rounds among these companies?
Formstack ($425M, November 2021, Fishers Indiana), Beqom ($300M, April 2022, Fribourg Switzerland), Nexamp ($240M, August 2021, Boston), HR Path ($237M, May 2022, Paris), Globalization Partners ($200M, January 2022, Boston), and 360Learning ($200M, October 2021, New York) are the six rounds at or above $200M visible in this dataset.
How many of the 23 rounds have disclosed amounts?
Sixteen of the 23 rounds include a specific dollar figure. Four of those — Engagedly, Nutra-Med Packaging, Envoy Global, and Teaching Strategies — are listed at $100K, which likely reflects minimum-disclosed reporting rather than the full investment size.
Which cities appear most often in this dataset?
Boston has three companies (Said Differently, Globalization Partners, Nexamp), Chicago has two (Envoy Global, The Mom Project), and San Francisco has two (PeopleGrove, Vivian Health). The rest are distributed across single cities ranging from Fishers, Indiana to Fribourg, Switzerland.
Which functional sub-sectors within administrative services are represented here?
The 23 companies span HR tech and workforce management (HR Path, Vivian Health, HR Acuity, Globalization Partners, The Mom Project), workflow and productivity software (Formstack, ProductPlan, Engagedly), learning platforms (360Learning, Teaching Strategies, PeopleGrove), and packaging and physical logistics services (Global Packaging Services, KraftPal, Nutra-Med Packaging, Foodstuff).
How many non-US companies are in this group?
Six of the 23 companies are headquartered outside the United States: HR Path and Global Packaging Services in France, Foodstuff and KraftPal in the United Kingdom, Beqom in Switzerland, Xoxoday in India, and Plugify in Brazil — the only Latin American entry, with a $25M disclosed round.
What time range does this dataset cover?
The most recent round shown is OutSolve (Metairie, Louisiana) dated October 18, 2022, and the earliest is Nexamp (Boston) dated August 17, 2021, spanning roughly 14 months of private equity activity in the administrative services segment.
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