Atlas, a Chicago, IL-based Employer of Record Solutions and Technology solutions provider, raised up to $200M in Series B funding.
In connection with the funding, Nari Ansari, Managing Director at Sixth Street Growth, will join Atlas’ board of directors. Sixth Street Growth will be making the strategic equity investmen.
The company intends to use the funds to add talent to its global workforce and expand its suite of HR product offerings, enhancing the technology platform, and software localization and real-time, in-region customer service support.
Led by CEO Rick Hammell, Atlas is a direct employer of record (EOR) with entities in over 160 countries, that delivers flexibility for companies to expand across borders, onboard talent, manage compliance, and pay their global workforce without the need for a local entity.