Tech firm that helps companies expand overseas lands $14M investment

HSP Group, a Tampa tech company whose software and services helps businesses expand their global footprint, has raised $14 million in a Series B investment round led by ABS Capital. Baird Capital, a previous investor, also participated.

According to a news release, the latest injection of growth capital brings HSP Group’s total investment to $20 million since it was founded in October 2020. The company says it will use the funding to accelerate revenue-generating initiatives, such as continued development of its GateWay platform, which will feature new applications aimed at improvement management of international expansion.

“At HSP, our mission is to facilitate expert-led global expansion for companies looking to open or expand overseas,” HSP Group Founder and CEO Larry Harding states in the release. “We do this with an unparalleled focus on the customer experience that enables us to make the complex simple.”