Atlas Raises Series B Funding

Technology & Services

Atlas Series B funding by Sixth Street


Summary

Atlas Technology Solutions, Inc. (“Atlas”) has raised a Series B growth equity investment of up to $200 million from Sixth Street Growth ("Sixth Street") to support Atlas’ continued global expansion.

Baird served as exclusive placement agent to Atlas on this transaction.

About

Atlas enables innovative companies to compete in a global economy, believing that businesses should employ whomever they want, wherever the talent exists. As the largest direct employer of record (EOR) with entities in over 160 countries, Atlas is a technology platform that is supported by experts and delivers flexibility for companies to expand across borders, onboard talent, manage compliance, and pay their global workforce without the need for a local entity. Atlas was built on years of experience navigating the challenges of quickly deploying and paying international employees while ensuring compliance with local regulations. This experience brings localized experience and expertise into an enterprise-grade technology platform that supports thousands of companies and remote teams. The Atlas platform is uniquely designed to deliver end-to-end EOR solutions and empowered user experiences that provide self-service capabilities and real-time insights that lead to improved business outcomes.

Sixth Street is a leading global investment firm with over $60 billion in assets under management and committed capital. Sixth Street Growth is the firm’s dedicated platform for making private investments in growth companies. The Sixth Street Growth team partners with companies and management teams to provide bespoke capital solutions to accelerate organic and inorganic growth. Sixth Street has invested over $5 billion in more than 40 companies in its growth investing strategy since inception. Select Sixth Street Growth investments include Airbnb, AvidXchange, Bloomreach, Datavant, DrFirst, Gainsight, MDLIVE, Spotify, and Sprinklr.
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Technology & Services

Atlas Series B funding by Sixth Street

Date
September 2022
Company
Atlas Technology Solutions, Inc.
Transaction
Private Capital Markets
Sectors
Technology & Services
Verticals
Human Capital Management
Target Geography
North America

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