HSP Group Launches New Practice to Support Venture Capital-Backed Technology Companies Expand Globally

PR Newswire
Wednesday, August 13, 2025 at 12:35pm UTC

HSP Group Launches New Practice to Support Venture Capital-Backed Technology Companies Expand Globally

PR Newswire

HSP Group, a leading provider of global expansion software and services, has launched its new VC/Technology Practice to support AI and other venture-backed tech companies in scaling internationally. Led by co-Founder Randy Worzala, the practice offers end-to-end solutions—from market entry and entity setup to payroll, HR, tax, and compliance—integrating HSP's proprietary GateWay platform with expert advisory services to help high-growth firms expand quickly, efficiently, and compliantly across borders.

TAMPA, Fla., Aug. 13, 2025 /PRNewswire-PRWeb/ --HSP Group, the customer-preferred provider of global expansion software and services, is thrilled to announce the launch of its new VC/Technology Practice, designed specifically to help Artificial Intelligence (AI) and other venture-backed tech companies navigate the complexities of international growth. This strategic initiative, which will be led by co-Founder Randy Worzala, reinforces HSP Group's commitment to delivering tailored solutions that drive seamless global expansion support, meeting the distinct needs of fast-growing high-tech firms.

"The number of fast-growing VC-backed tech firms needing global expansion support is accelerating rapidly—and our specialized practice delivers the solutions they need." — Randy Worzala, Co-Founder, HSP Group

The VC/Technology Practice addresses the unique challenges faced by venture-backed tech companies, including regulatory compliance, tax optimization, talent enrichment, risk management, and operational scalability across borders. Leveraging the leadership team of HSP Group and their many decades of expertise in global expansion, the practice offers end-to-end support, from market entry strategy to local entity setup, and continuing through the ongoing payroll, Employer of Record (EoR), HR, tax, entity management, global payments, and ongoing statutory compliance required with these initiatives. By combining cutting-edge technology with deep industry knowledge, this new practice ensures tech firms can scale rapidly and efficiently while minimizing risks.

"Venture-backed tech companies operate in a fast-paced, high-stakes environment where global expansion is both an opportunity and a challenge," said Larry Harding, Founder & CEO of HSP Group. "Our VC/Technology Practice is purpose-built to help these innovators overcome hurdles, scale appropriately within international markets, and achieve sustainable growth."

The practice integrates HSP Group's proprietary GateWay software platform and related applications with as-needed advisory services, offering customized solutions for each customer and their unique needs. Early adopters have praised GateWay for its ability to streamline cross-border operations, enabling them to focus on innovation and market leadership.

"In 2024, the total amount of venture capital invested in US companies was more than $200 billion, a 30% increase over the previous year, driven largely by significant investment growth in AI related companies, which accounted for nearly half of the total deal value, and nearly 80% of this total financing was invested in companies based in Silicon Valley and the other Top 10 metropolitan technology markets" said Randy Worzala. "With preliminary data through the first half of 2025 indicating that the full year should exceed 2024, it's clear that the number of fast-growing VC-backed tech firms needing help with their global expansion needs is accelerating rapidly. HSP Group and its specialized VC/Technology practice was created to better promote and provide superior, cost-effective solutions that meet the specialized needs of this dynamic market."

For more information about HSP Group's VC/Technology Practice, visit hsp.com or contact Vivian Blom, Marketing Director at vblom@hsp.com

About HSP Group

HSP Group is a leader in global expansion, providing extensive solutions that help companies streamline their international operations. From entity setup and compliance to EoR, payroll, and HR management, HSP offers solutions that support global growth, with a focus on improving the client experience and maintaining regulatory compliance. Headquartered in Tampa, FL, HSP serves clients worldwide.

Media Contact

Vivian Blom, HSP Group, 1 786-045-4619, vblom@hsp.com, https://hsp.com/

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SOURCE HSP Group