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Hsp Group Closes $14M Series B Financing To Accelerate Growth And Further Its Gateway Technology Platform

PRIVATENov 29, 2022

Amount Raised

$14 Million

Round Type

Series B

TampaOtherConsulting

Description

HSP Group, the customer-preferred provider of global expansion software and services for companies seeking to expand overseas, has raised $14 million in a Series B growth capital investment round, which will fast-track the company’s growth plans. New investor ABS Capital led this round, joined by existing investor Baird Capital, which increased its investment in the business, demonstrating its continued support for HSP’s strategic opportunities. This brings the total investment in HSP to more than $20 million since its inception in October 2020.

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Company Information

Company

HSP Group

Location

401 E. JACKSON STREET, SUITE 3300

Tampa, Florida, United States

About

HSP Group helps companies manage their international operations and expand globally. We provide HQ-based finance, tax, legal and HR personnel with a simplified, turnkey approach to ensure efficient operations, full compliance with local regulations, and needed consistency across each geography.

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Related People

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Verified contactsLarry H., Founder & CEO hidden hidden hiddenSee plans and pricing
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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

HSP Group raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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