OutSolve Funding: How Much Did They Raise & Key Investors

How Much Did OutSolve Raise?
Funding & Key Investors

OutSolve, a prominent affirmative action consulting firm, has secured $29.5M in total capital, with its most recent funding round bringing in $0. This significant enterprise-level investment underscores the company's established position in the compliance and HR technology sector. The firm specializes in helping businesses navigate complex regulatory requirements, including those set by the Office of Federal Contractor Compliance Programs (OFCCP).

The company's funding history, which includes significant private equity backing and debt financing, indicates a trajectory of sustained growth and strategic expansion since its inception. The recent capital infusion is expected to further bolster OutSolve's capabilities in providing comprehensive solutions for diversity, equity, and inclusion (DEI), pay equity analysis, and Environmental, Social, and Governance (ESG) initiatives.

What is OutSolve?

OutSolve

Business Services

Human Resources Management Systems (HRMS)

Project Management

OutSolve is a leading affirmative action consulting firm dedicated to assisting companies in achieving compliance with the Office of Federal Contractor Compliance Programs' (OFCCP) regulatory mandates. The company offers a comprehensive suite of services, including the preparation of affirmative action plans, support for OFCCP audits, and expertise in diversity, equity, and inclusion (DEI), pay equity analysis, and ESG. Established in 1998, OutSolve has built a reputation as a trusted resource for organizations of all sizes and across various industries, leveraging deep-rooted expertise in regulatory compliance. Their commitment to client success is reflected in a notable 98% customer retention rate, highlighting their dedication to exceptional service and effective compliance solutions in an evolving workplace landscape.

How much funding has OutSolve raised?

OutSolve has raised a total of $29.4M across 3 funding rounds:

2016

Private Equity

$27.1M

2017

Private Equity

$2M

2020

Debt

$350K

Private Equity (2016): $27.1M, investors not publicly disclosed

Private Equity (2017): $2M, investors not publicly disclosed

Debt (2020): $350K supported by PPP

Key Investors in OutSolve

PPP

Public-Private Partnership

What's next for OutSolve?

With its substantial enterprise-level backing, OutSolve is strategically positioned to enhance its market leadership in affirmative action and compliance consulting. The company is likely to focus on expanding its technological offerings, including its online executive dashboards and e-learning solutions, to provide more dynamic and accessible compliance tools. Further investment may also target the expansion of its service portfolio into emerging areas of HR compliance and corporate social responsibility, such as advanced ESG reporting and sophisticated pay equity analytics. This strategic financing will enable OutSolve to deepen its expertise, broaden its client base, and solidify its role as an indispensable partner for companies committed to regulatory adherence and fostering inclusive work environments.

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