Ironroad USA
Offers a video message service (VMS) for customers in Europe, South America, Asia, and Africa.
| Date | Investors | Amount | Round |
|---|---|---|---|
$1.2m | Series A | ||
| Total Funding | 000k | ||
IronRoad USA operates as a Professional Employer Organization (PEO), providing integrated, full-service employee administration solutions for businesses across various industries. Headquartered in Cincinnati, Ohio, the company has been in operation for over 27 years, establishing a significant presence in the market. The firm was founded in 1997 by CEO Billy Southerland, who transitioned from a family insurance business after observing clients' needs for PEO services. His background includes a Bachelor's Degree in Psychology and work with the Christian outreach organization Young Life, which shaped his leadership philosophy centered on serving others.
The company's business model is built on forming a partnership with clients, handling their employee administration to allow them to focus on core business operations. This co-employment relationship involves IronRoad sharing in employer liabilities, managing compliance and reporting requirements, and providing access to group buying power. Revenue is generated by providing a comprehensive suite of outsourced services.
IronRoad's service portfolio is extensive, covering human resources, payroll and tax administration, employee benefits, and workers' compensation. In human resources, they support clients' internal teams and manage employer liabilities. Their payroll services include processing, tax deposits and filings for federal, state, and local taxes, and managing deductions and garnishments. The firm also provides and administers a wide variety of employee benefits, including health insurance and 401(k) plans, and offers workers' compensation insurance coverage with claims management. Additionally, IronRoad offers recruitment process outsourcing (RPO) and provides a Human Resource Information System (HRIS) for organizing employee data.
Keywords: Professional Employer Organization, PEO services, HR outsourcing, employee administration, payroll services, tax compliance, employee benefits administration, workers' compensation insurance, risk management, human resources consulting, Cincinnati Ohio, Billy Southerland, employee leasing, business services, HRIS technology, recruitment process outsourcing, RPO, co-employment, small business HR, medium business HR