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Legal Tech Startup: PlusOne Solutions

Spotlight on: PlusOne Solutions, a provider of risk management and mitigation services intended to improve work safety for businesses that utilize networks. The company's services include contractor screening, employment screening, insurance management, license monitoring and badging and credentialing, enabling organizations to be protected from financial, legal and reputational risks associated with their relationships.

Spotlight on: PlusOne Solutions

Description
Provider of risk management and mitigation services intended to improve work safety for businesses that utilize networks. The company's services include contractor screening, employment screening, insurance management, license monitoring and badging and credentialing, enabling organizations to be protected from financial, legal and reputational risks associated with their relationships.

Most Recent Financing Status
The company was approved for a $570,000 Paycheck Protection Program Loan from Cogent Bank on April 11, 2020. The application cited 61 jobs to be retained with the financing. Previously, the company raised $741,000 of seed funding from DBJ Capital, D4V, and The Venture Reality Fund in October 2019.

CEO, President and Chairman: Richard (Craig) Reilly, [email protected]

HQ Location: 3501 Quadrangle Blvd., Suite 120, Orlando, FL 32817, 407-359-5929

Employees: 41 (as of March 2022)

Total Raised: $53.58M (as of April 2020)

Post Valuation: $7.48M (as of May 2011)

Growth Rate: -2.65% Weekly Growth (2nd Percentile)

Size Multiple: 4.54X Median (82nd Percentile)

Institutional Investors:

  • D4V
  • DBJ Capital
  • The Venture Reality Fund
  • Bob Stern
  • Kirstie Chadwick
  • Tamiami Angle Funds
  • NewGate Capital Partners
  • University of Central Florida Business Incubator

To learn more about PlusOne Solutions, visit their website or follow them on LinkedIn.

Source: Pitchbook, December 2023


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