European Investment Opportunity - SGS JSC

SGS Content Creator & Social Media Coordinator

Founder’s Quote:

My vision is to create the next evolutionary step of remote work – the Department as a solution. Our DaaS service presents an end-to-end solution for SMEs looking to transform their business, save costs and increase overall efficiency and effectiveness by a minimum of 15%.  

The global Future of Work market is growing rapidly; as of 2021, it is estimated to be €630B. Join us on the journey of shaping today’s future of work.

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Markus Borlinghaus, Founder & CEO, Scalable Global Solutions

 

Executive Summary 

SGS (Scalable Global Solutions) is a Croatian start-up that allows companies to employ and manage remote-working local talent without forming a subsidiary.

The company’s end-to-end solution, DaaS (Department as a Solution), is industry agnostic, covering 8 core company functions, ranging from sales and IT to customer care. It presents a breakthrough in unlocking client growth, optimising business processes and finding key talent.

SGS ONE, the company’s CRM system, was created to provide a unique experience for the hiring and onboarding process and later serve as a support tool for every department.  

While the client interviews and selects the desired employees, SGS facilitates the office space and equipment while handling payroll and local employment compliance. This way, companies can hire and manage their full-time employees globally 

 

Investment Highlights 

SGS is in the position to thrive in the Future of Work (FoW) – International Data Corporation (IDC) forecasts investment in technologies supporting FoW initiatives will exceed $1T worldwide by 2024 with a robust 17% CAGR over the five-year forecast period.

The company achieved 44% monthly revenue growth since Dec 2021. 

SGS has scaled up existing clients’ teams by using DaaS. The largest client plans to ramp up its team of developers to 30 developers by the end of 2022.  

The company’s founder and CEO exited two companies (one to Juniper and one to Microsoft) and held executive positions at Cisco, Juniper, Microsoft, Xerox, and ATI. 

It has three signed clients with a €5M deal pipeline.  

SGS launched a channel partnership network with three signed partners this year. 

SGS raised €1.6M in funding from five investors, including a family office committed to investing further. 

 

Investment Offering

SGS is raising €2.3M of growth capital for its Seed round, with five angel investors on board committed to investing more. 

 

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