Global expansion presents a lot of great opportunities for a company, but it also comes with its fair share of difficulties. Ordinarily, the process involves navigating complicated international tax, laws and hiring challenges.
Globalization Partners was created to change that. Thanks to a recent $150 million minority equity investment, the company may very well be Boston’s next unicorn, CEO and founder Nicole Sahin recently told the Boston Business Journal.
The company's platform helps companies hire in more than 170 different countries within a few business days without having to set up local branch offices or subsidiaries. The company combines on-the-ground, in-country expertise spanning six continents and its software, which takes care of everything from recruitment to payroll.
“I set out to build a company that changes the way the world does business,” Sahin said in a statement. “Our Global Expansion Platform is so compelling because it enables companies to take advantage of market opportunities much faster than they would be able to do otherwise. I’m extremely proud that we have proven it’s possible to build a high-growth, profitable company that customers, business partners, and employees love.”
Sahin founded Globalization Partners in 2012. Now, the company is headquartered in both Boston and San Diego, has 200 employees worldwide and works with the likes of Yelp and DataRobot.
According to the Business Journal, the company will use this most recent funding to build marketing teams in Europe and Asia, triple the size of its U.S. sales force and add between 60 and 70 people to its new office in the Financial District.
