Top 15 Outsourcing Startups to Look Out For in [2023]

Have you ever wondered who is on the list of Outsourcing Companies with the highest growth rates?

You’re not alone.

There are hundreds of Outsourcing Companies found there, and keeping track of the hottest new startups can be challenging.

But don’t worry, we’ve got you covered. Here are the top 15 fast-growing Outsourcing Startups that have top-tier venture capital funding.

What are Outsourcing Startups?

Outsourcing startups are businesses that provide services to other companies by utilizing outside companies or individuals for certain tasks. These startups focus on providing cost-effective solutions for businesses that need to outsource functions such as customer service, software development, accounting and data entry. 

Outsourcing startups often employ remote workers from around the world to get the job done, allowing businesses to reduce overhead and focus on their core competencies.

Top 15 Fastest-Growing Startups In Outsourcing

1) Magic

Magic offers an on-demand personal assistant service that is available 24 hours a day, 7 days a week via SMS.

Details of the startup:

• Country: United States
• City: San Francisco
• Started in: 2014
• Founders: Aaron Kemmer, Benjamin Godlove, David Merriman, Michael Rubin, Mike Chen, Nic Novak
• Number of employees: 11-50
• Funding amount: $12,120,000
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

2) Deloitte

Select clients receive audit, consultancy, financial advising, risk management, tax, and other relevant services from Deloitte.

Details of the startup:

• Country: United States
• City: New York
• Started in: 1845
• Founders: Deepti Mohanty, Surjadinata Sumantri, William Welch Deloitte
• Number of employees: 10001+

You can find their website here.

3) Awign Enterprises

Awign is a work fulfillment platform that focuses on the gig economy and offers last-mile delivery.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2016
• Founders: Annanya Sarthak, Gurpreet Singh, Praveen Sah
• Number of employees: 251-500
• Funding amount: $5,463,025
• Number of funding rounds: 5
• Number of investors: 11

You can find their website here.

4) Sutherland

Sutherland is a corporation that specializes in digital transformation.

Details of the startup:

• Country: United States
• City: Pittsford
• Started in: 1986
• Founders: Dilip Vellodi
• Number of employees: 10001+
• Funding amount: $330,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

5) OneSource Virtual

OneSource Virtual is a partner in workday services such as deployment, consulting, and BusinessProcess-as-a-Service (BPaaS).

Details of the startup:

• Country: United States
• City: Dallas
• Started in: 2008
• Founders: Brian Williams, Britt Wirt, Wesley Bryan
• Number of employees: 501-1000
• Funding amount: $165,000,000
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

6) GigIndia

GigIndia is a platform that connects corporations with on-demand work fulfillment via a gig workforce of job seekers.

Details of the startup:

• Country: India
• City: Pune
• Started in: 2017
• Founders: Aditya Shirole, Sahil Sharma
• Number of employees: 11-50
• Funding amount: $971,278
• Number of funding rounds: 3
• Number of investors: 9

You can find their website here.

7) Immedis

Immedis is a global payroll and mobility tax services provider that specializes in business technology solutions.

Details of the startup:

• Country: Ireland
• City: Dublin
• Started in: 2016
• Founders: Mark Graham, Ruairi Kelleher, Terry Clune
• Number of employees: 101-250
• Funding amount: $78,296,259
• Number of funding rounds: 2
• Number of investors: 2

You can find their website here.

8) Playment

Playment is a cloud-based data labeling tool that generates large amounts of training data for computer vision models.

Details of the startup:

• Country: India
• City: Bengaluru
• Started in: 2015
• Founders: Ajinkya Malasane, Akshay Lal, Siddharth Mall
• Number of employees: 11-50
• Funding amount: $2,470,000
• Number of funding rounds: 4
• Number of investors: 6

You can find their website here.

9) Workana

Workana is a digital platform that connects professionals with small businesses, large corporations, and nonprofits.

Details of the startup:

• Country: Argentina
• City: Buenos Aires
• Started in: 2012
• Founders: Fernando Fornales, Guillermo Bracciaforte, Mariano Iglesias, Tomas O’Farrell
• Number of employees: 1001-5000
• Funding amount: $10,150,000
• Number of funding rounds: 5
• Number of investors: 12

You can find their website here.

10) Roamler

Roamler is a mobile workforce platform that may be used to complete location-based tasks across huge areas.

Details of the startup:

• Country: The Netherlands
• City: Amsterdam
• Started in: 2011
• Founders: Martijn Nijhuis, Wiggert de Haan
• Number of employees: 101-250
• Funding amount: € 26,260,000
• Number of funding rounds: 5
• Number of investors: 3

You can find their website here.

11) Cloudstaff

Cloudstaff is a leading provider of cloud-based workforce solutions, offering top-tier talent and cutting-edge technology.

Details of the startup:

• Country: Australia
• City: Sydney
• Started in: 2010
• Founders: Lloyd Ernst, Sally Ernst
• Number of employees: 1001-5000
• Funding amount: $20,500,000
• Number of funding rounds: 2
• Number of investors: 5

You can find their website here.

12) Udesk

Udesk is a customer service outsourcing company established in China.

Details of the startup:

• Country: China
• City: Beijing
• Started in: 2013
• Founders: Yu Haoran
• Number of employees: 1-10
• Funding amount: $66,478,314
• Number of funding rounds: 4
• Number of investors: 3

You can find their website here.

13) Ascender HCM

Ascender is a payroll and education outsourcing company.

Details of the startup:

• Country: Australia
• City: Sydney
• Started in: 2003
• Number of employees: 501-1000
• Funding amount: $100,000,000
• Number of funding rounds: 1
• Number of investors: 1

You can find their website here.

14) Fastwork

Fastwork is the largest professional freelancing platform in Southeast Asia.

Details of the startup:

• Country: Thailand
• City: Bangkok
• Started in: 2015
• Founders: Apon Palanuwech, Ben Vibhagool, Jerd Phichitkul, Vasa Iamsuri
• Number of employees: 51-100
• Funding amount: $5,505,000
• Number of funding rounds: 4
• Number of investors: 9

You can find their website here.

15) Haizol.com

HAIZOL is a professional online sourcing marketplace for custom parts and components in China.

Details of the startup:

• Country: China
• City: Xuhui
• Started in: 2015
• Founders: Sherry She
• Number of employees: 101-250
• Funding amount: $20,896,248
• Number of funding rounds: 2
• Number of investors: 3

You can find their website here.

FAQs

Is Outsourcing Business Profitable?

Outsourcing business can be profitable if it is done properly and efficiently. The key to success in outsourcing is to select the right partner and understand the benefits of outsourcing. By doing so, businesses can save costs, improve efficiency and increase profits. 

Additionally, businesses can gain access to new markets and develop new products or services. Ultimately, the success of outsourcing depends on the specific business needs and goals of the business.

What Is The Average Investment In Outsourcing?

The average investment in an outsourcing business can vary widely depending on the type and size of the business. 

Generally speaking, an investment of between $5000 and $1000,00 is needed to start an outsourcing business. This can include setup costs, software development, staff salaries, marketing and other overhead costs.