What is OneSource Virtual?
Headquartered in Dallas, Texas, OneSource Virtual is a pioneer in the BPaaS and Robotic Process as a Service (RPaaS) landscape. By integrating sophisticated software solutions with managed services, the company enables HR departments to transition from administrative functions to strategic business partners. Its platform is designed to align with organizational growth, providing the agility required to scale operations on demand. With a presence spanning North America and Europe, OneSource Virtual leverages its deep domain expertise to streamline complex business processes, effectively reducing overhead while enhancing the quality of service delivery for global enterprises.
How much funding has OneSource Virtual raised?
OneSource Virtual has raised a total of $165M across 2 funding rounds:
Series A
$15M
Private Equity
$150M
Series A (2013): $15M with participation from Halyard Capital
Private Equity (2015): $150M led by Technology Crossover Ventures and Halyard Capital
Key Investors in OneSource Virtual
Technology Crossover Ventures
Technology Crossover Ventures is a prominent growth equity firm that provides capital to private and public companies in the technology industry, focusing on late-stage investments and strategic acquisitions.
Halyard Capital
Halyard Capital is a lower middle market private equity firm that specializes in creating value within companies in high growth sectors through thesis and executive-driven investments.
What's next for OneSource Virtual?
With the recent infusion of $0, OneSource Virtual is well-positioned to accelerate its product roadmap and deepen its penetration into the enterprise software market. The company is expected to prioritize the enhancement of its RPaaS capabilities, focusing on advanced automation to further reduce manual intervention in HR workflows. Furthermore, the strategic backing provides the necessary liquidity to explore potential market expansions and strengthen its competitive moat against emerging digital transformation providers. As the demand for outsourced, tech-enabled business services continues to rise, OneSource Virtual remains focused on maintaining its status as a premier provider of scalable, cloud-based HR solutions.
See full OneSource Virtual company page
