What Net2Source does

Net2Source is a privately held, minority-owned global workforce solutions company headquartered in Somerset, New Jersey, founded in 2007 by Ashish Garg. The company provides end-to-end staffing and talent solutions to enterprise and mid-market clients, operating in 34+ countries through locally registered entities and on-the-ground teams. Its service portfolio spans contingent staffing, direct hire, recruitment process outsourcing (RPO), global payroll and compliance (EOR/PEO), nearshore/offshore staffing, statement-of-work (SOW) project staffing, master vendor programs (MVP), outplacement, veteran hiring, direct sourcing, GCC build-operate-transfer (BOT), diversity spend capture, and consultant care. Through N2S Technologies, the firm also offers a managed IT services portfolio covering AI chatbots, blockchain, business analytics, digital marketing, digital transformation, enterprise application development, IoT, IT infrastructure and support, mobility, and UI/UX design.

The company's technology backbone centers on proprietary tools such as NetHarvester, an in-house AI-powered resume screening platform used to automate candidate matching for RPO engagements, alongside integrated vendor management systems and AI-driven chatbots offered to clients. The N2S Group of Companies comprises specialized wholly-owned sub-brands: N2S Global (international staffing), N2S Healthcare Staffing Solutions LLC (healthcare and life sciences vertical), N2S Industrial & Commercial Solutions LLC (industrial vertical), Transcend Staffing Solutions LLC, and N2S Technologies (managed IT services). Net2Source monetizes through placement fees for permanent and contract hires, managed services retainers for RPO and contingent engagements, payroll markups as an employer of record, and project-based SOW engagements, with bespoke enterprise pricing structured per placement, per worker, or as multi-year managed services contracts.

The company generates revenue primarily through fee-based staffing engagements with Fortune 500 enterprise clients across nine named verticals: technology, banking and financial services, insurance, healthcare, life sciences, engineering, oil and gas, manufacturing, and telecom. Recognized by Staffing Industry Analysts (SIA) as one of the Largest Staffing Firms in the US for four consecutive years and the Largest Lifesciences US Staffing Firm for five consecutive years, and named the Largest US Staffing Company in the US for 2023, Net2Source is a founder-controlled, organically grown private company with no disclosed institutional investors, external funding rounds, or PE/VC sponsorship. Distribution is executed through direct enterprise field sales, dedicated account teams, industry events (ProcureCon Contingent Staffing, NMSDC Annual Conference), and a content-driven marketing engine anchored by a regularly updated blog and LinkedIn presence.

Name

Net2Source

Legal name

Net2Source Inc.

Website

https://net2source.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Net2Source is a privately held, minority-owned global workforce solutions company founded in 2007 and headquartered in Somerset, New Jersey. It delivers contingent staffing, direct hire, RPO, EOR/payroll, and managed IT services to enterprise clients across 34+ countries.

Ownership category

akta.pro rank

Product category

Workforce Solutions & Staffing Services

NAICS

Professional Employer Organizations (561330), Payroll Services (541214), Computer Systems Design and Related Services (54151), Office Administrative Services (5611)

SIC

Services-Employment Agencies (7361), Services-Help Supply Services (7363), Services-Computer Programming Services (7371)

akta.pro primary industry

Workforce Management & Scheduling Outsourcing (Non-payroll) (BPACAKAJ)

akta.pro secondary industries

Offshore Development Center (ODC) / Dedicated Team Services (BPAEAMAL), Payroll, Contractor Payments & SME HR Finance (FSAGAJAI), Captive/Global In-House Center (GIC) Setup & Managed Services (BPAEAMAK), Cloud, DevOps & Infrastructure Staffing (BPACADAD)

Keywords

• Workforce solutions
• Staffing services
• Recruitment process outsourcing
• Global payroll services
• Contingent staffing

Headquarters

HQ city

Somerset

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Temporary and Contract Staffing: Placing contingent/temporary workers with client organizations on a contract basis. Net2Source handles sourcing, screening, payroll, and compliance for the duration of the contract. Revenue is generated through markups on worker wages or fixed fees per placement.
2. Direct Hire / Permanent Placement: Recruiting and placing candidates into permanent roles with client organizations. A fee (typically a percentage of the hired candidate's annual salary) is charged upon successful placement.
3. Recruitment Process Outsourcing (RPO): End-to-end outsourced recruitment services where Net2Source assumes responsibility for the client's entire hiring process, from sourcing through onboarding, typically under a committed volume or per-hire fee structure.
4. Global Payroll & Compliance (EOR/PEO): Employer of Record and payroll processing services enabling clients to compliantly engage workers in countries where they lack a legal entity. Revenue is generated through service fees per worker or as a percentage of payroll.
5. Outplacement Services: Career transition support services for employees being laid off by client organizations. Provided as part of a severance package, funded by the employer.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels5 records

Core offering

Net2Source is a global workforce solutions company that provides end-to-end staffing and talent acquisition services, including contingent staffing, direct hire, recruitment process outsourcing (RPO), global payroll and compliance (EOR/PEO), statement of work (SOW) project staffing, nearshore/offshore staffing, outplacement services, and a master vendor program. The company also offers a managed IT services portfolio covering AI chatbots, blockchain, enterprise application development, business analytics, digital transformation, IoT, and IT infrastructure support, supported by proprietary AI-powered recruitment tooling.

Product overview

Net2Source is a minority-owned global workforce solutions company offering a comprehensive portfolio of staffing and managed IT services. Its workforce solutions include Contingent Staffing, Direct Hire, Global Payroll & Compliance, Statement Of Work (SOW), Nearshore/Offshore, Direct Sourcing, Recruitment Process Outsourcing (RPO), Diversity Spend Capture, GCC BOT, Master Vendor Program (MVP), Outplacement Services, Veteran Program, and Consultant Care. The company serves industries including Banking & Financial, Engineering, Healthcare, Life Sciences, Technology, Oil & Gas, Manufacturing, Insurance, and Telecom. Its Managed IT Services portfolio includes AI Chatbots, Blockchain, Business Analytics, Digital Marketing, Digital Transformation, Enterprise App Development, Enterprise Business Solutions, IoT, IT Infra & Support, Mobility Services, and UI UX Design Services. The N2S Group of Companies also includes sub-brands N2S Global, N2S Healthcare Staffing Solutions LLC, N2S Industrial & Commercial Solutions LLC, Transcend Staffing Solutions LLC, and N2S Technologies.

Differentiator

Problem solved

Functional benefit

Brands

• NetHarvester: In-house built AI-powered resume screening tool used to improve recruitment efficiency and effectiveness for RPO and staffing services.

Products and services

• Contingent Staffing On-demand temporary staffing solutions for short-term roles or projects, enabling organizations to scale workforce up or down based on real-time project demands.
• Direct Hire Streamlined recruitment services to identify and place permanent employees in long-term strategic roles.
• Global Payroll & Compliance Payroll solutions managing compensation, taxes, and compliance across multiple countries, simplifying cross-border payroll operations through EOR/PEO services.
• Statement Of Work (SOW) Project-based staffing services where outcomes matter more than headcount, offering SOW services to streamline project execution.
• Nearshore and Offshore Strategic placement of skilled professionals in nearby (nearshore) or distant (offshore) locations for cost-effective delivery.
• Direct Sourcing Proprietary talent sourcing capabilities to identify and engage candidates directly for client organizations.
• Recruitment Process Outsourcing (RPO) Outsourced end-to-end recruitment services covering sourcing, screening, interviewing, onboarding, and hiring management.
• Diversity Spend Capture Services helping organizations capture and report diversity spending for supplier diversity programs and compliance.
• GCC BOT Global Capability Center Build-Operate-Transfer services enabling organizations to establish and transfer offshore capability centers.
• Master Vendor Program (MVP) Centralized vendor management program for overseeing and optimizing multiple staffing supplier relationships.
• Outplacement Services Career transition support services for departing employees, including personalized career counseling, resume writing, interview preparation, and job access.
• Veteran Program Dedicated veteran hiring initiative providing reskilling, upskilling, and career placement support for military veterans transitioning to civilian roles.
• Consultant Care Consultant helpdesk providing day-to-day support including timesheet management, paystub access, and chatbot query resolution.
• AI Chatbots AI-powered chatbot solutions for customer service, talent acquisition support, and internal workforce management query resolution.
• Blockchain Blockchain technology services and solutions for enterprise clients across various industry verticals.
• Business Analytics Analytics and data intelligence services helping organizations derive actionable insights from workforce and business data.
• Digital Transformation End-to-end digital transformation consulting and implementation services for enterprise clients.
• Enterprise App Development Custom enterprise application development services for web, mobile, and cloud platforms.
• Enterprise Business Solutions Enterprise business software implementation and consulting services including ERP and CRM solutions.
• IoT (Internet of Things) IoT solutions and implementation services for connected device ecosystems across industrial and enterprise environments.
• IT Infra & Support IT infrastructure management and technical support services for enterprise operations.
• Mobility Services Enterprise mobility solutions including mobile app development, device management, and mobile workforce support.
• UI UX Design Services User interface and user experience design services for web and mobile applications.
• Digital Marketing Digital marketing services and solutions supporting client brand building and talent attraction.

Quantifiable outcome

• Within three months, more than 80% of employees who participated in the outplacement program found new employment opportunities.
• +1 more outcomes

Named customers2 records

Segments6 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• N2S Group of Companies (Affiliates)coreOthersNet2Source operates an affiliated group of companies including N2S Healthcare Staffing Solutions LLC (healthcare staffing vertical), N2S Industrial & Commercial Solutions LLC (industrial staffing vertical), N2S Global (global workforce solutions), Transcend Staffing Solutions LLC (staffing solutions), and N2S Technologies (managed IT and technology services). These affiliates operate under the Net2Source umbrella but are separate legal entities serving different verticals and geographies.

Scale indicators5 records

Expansion highlights6 records

Direct peers

• Insight Global: Insight Global is a large US IT and professional staffing firm operating a similar enterprise sales motion across contingent, direct hire, and RPO. Highly comparable in scale, vertical mix, and Fortune 500 go-to-market.
• Apex Systems: Apex Systems is a US-headquartered IT staffing and workforce solutions provider offering contingent staffing, RPO, and managed services to Fortune 500 buyers — a near-direct competitor to Net2Source's IT and engineering staffing lines.
• Kforce Inc. Kforce is a US professional staffing firm focused on technology, finance, and accounting talent, with a comparable contingent and direct hire model and similar mid-to-large enterprise customer base.
• Collabera: Collabera is a privately held IT staffing and workforce solutions firm with global delivery centers and a similar nearshore/offshore and RPO portfolio, frequently competing with Net2Source in enterprise IT staffing bids.
• TEKsystems: TEKsystems is the IT staffing arm of Allegis Group and one of the largest US IT staffing providers. It competes head-to-head with Net2Source across Fortune 500 contingent IT, engineering, and digital transformation staffing.

Broad incumbents

• Robert Half International: Robert Half is a publicly listed, larger professional staffing incumbent with overlapping finance, technology, and administrative staffing services; broader portfolio than Net2Source's niche focus.
• Randstad N.V. Randstad is a global multi-billion-dollar staffing and HR services incumbent offering permanent, temporary, RPO, and outplacement services — providing direct overlap with most of Net2Source's portfolio at much larger scale.
• ManpowerGroup: ManpowerGroup is a global staffing and workforce solutions incumbent operating across contingent staffing, RPO, and talent development — competing with Net2Source especially in cross-border enterprise engagements.
• Hays plc: Hays is a global professional staffing firm with strong contingent and permanent placement in IT, engineering, life sciences, and finance — overlapping directly with several of Net2Source's vertical staffing lines.
• ASGN Incorporated: ASGN is a publicly listed IT and professional staffing holding company whose Apex Systems and ECS subsidiaries compete directly with Net2Source in IT staffing and managed services at larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/n2s_global
• LinkedInlinkedin.com/company/net2source
• Facebookfacebook.com/n2sglobal

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Net2Source