Magnit

Magnit

A Boca Raton, Fla-based provider of contingent workforce management software and services.

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Total Funding000k
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PRO Unlimited operates in the contingent workforce management sector, providing services to businesses that need to manage temporary or contract workers. The company serves a wide range of clients, including large enterprises and multinational corporations, across various industries. PRO Unlimited's business model revolves around its Managed Services Provider (MSP) model and its Vendor Management System (VMS) called Wand. The MSP model is purely vendor neutral, meaning it does not favor any staffing suppliers, ensuring unbiased management of contingent labor. The Wand VMS is a SaaS-based platform that offers clients a comprehensive solution for managing their contingent workforce, including features like mobile accessibility and real-time analytics. The company also offers RatePoint, a business intelligence tool that provides on-demand hiring intelligence through a global market rate data repository. PRO Unlimited generates revenue through subscription fees for its SaaS platform and service fees for its MSP offerings. The company is expanding its capabilities through strategic acquisitions, such as the planned acquisition of Workforce Logiq.

Keywords: Contingent Workforce, Vendor Neutral, Managed Services, SaaS, VMS, Wand, RatePoint, Business Intelligence, Market Rate Data, Workforce Logiq.

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Investments by Magnit

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PeopleTicker
ACQUISITION by Magnit Jan 2021
Geometric Results
ACQUISITION by Magnit Mar 2022
WillHire
ACQUISITION by Magnit Sep 2021
Workforce Logiq
ACQUISITION by Magnit Aug 2021