FSI

What FSI does

FSI (Fastnet Software International Inc), doing business as Fastnet Soft and Fastnet Staffing, is a privately held US staffing firm founded in 2007 by Nayyar Shah, a former Senior QA Engineer at TCS. Operating from a single headquarters in North Port, New York, with an 11-50 employee headcount, FSI provides temporary, contract, and permanent placement across three verticals — IT staffing, Healthcare staffing, and Non-IT (commercial) staffing — for clients that include TCS, WIPRO, Persistent, Lincare, AMN Healthcare, Medefis, Tapfin Manpower Group Solutions, Guidant Global, and Eastridge. The firm's go-to-market is a consultative direct-sales model supplemented by an Authorized Partner Program that extends reach through hundreds of US-based staffing partners.

The product surface centers on three service lines: FSI Staffing (the core IT/Non-IT/Healthcare placement offering), WorkForce Management (contingent workforce optimization for clients), and Payroll Solutions (back-office payroll and benefits handling for placed workers). The underlying technology is a staffing services environment with applicant tracking and recruitment management capabilities; no proprietary software IP, patents, AI/ML models, or third-party platform integrations are disclosed. FSI holds two diversity certifications — WBENC (Women Business Enterprise) and NMSDC (Minority Business Enterprise, issued through the NY & NJ Minority Supplier Development Council) — that qualify it for corporate diversity-supplier procurement programs.

FSI operates a professional-services revenue model with quote-based pricing tied to candidate qualifications, role requirements, and contract duration, billed monthly. Demand generation runs through content marketing (industry blog), SEO on the company website, and partner referrals. The business is founder-owned and bootstrapped, with no disclosed institutional investors, funding rounds, M&A activity, or leadership changes, and is US-domiciled with no global footprint claim beyond a generic 'global award winning organization' marketing line on the website.

Name

FSI

Legal name

Fastnet Software International Inc

Website

https://fastnetsoft.com

Company type

Private

Founded year

2007

Operating status

Operating

Headcount range

11–50 employees

Short description

FSI (Fastnet Software International Inc) is a US-based, founder-led staffing firm placing IT, Healthcare, and Non-IT professionals on temporary, contract, and permanent assignments for enterprise clients including TCS, WIPRO, Persistent, and major healthcare providers, operating since 2007 from North Port, New York.

Ownership category

akta.pro rank

Headquarters

HQ city

Northport

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Staffing and Recruitment Services: FSI generates revenue by providing staffing solutions to clients, placing IT professionals, Healthcare workers, and Non-IT staff on temporary, contract, or permanent basis. The company manages the recruitment, screening, and placement process while handling payroll and administrative tasks for contracted workers.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

FSI (Fastnet Software International Inc) is a staffing firm that places qualified IT, Healthcare, and Non-IT professionals on a temporary, contract, or permanent basis for client organizations. The firm manages the full recruitment, screening, and placement lifecycle and offers workforce management and payroll administration for contracted workers.

Product overview

FSI (Fastnet Software International Inc) operates as a staffing firm offering a unified platform of workforce solutions. The core offering is FSI Staffing, which encompasses IT Staffing, Non-IT Staffing, and Healthcare Staffing sub-products. These are complemented by WorkForce Management and Payroll Solutions add-on modules. Together, these services enable businesses to fill talent gaps across IT, administration, human resources, finance, engineering, clinical, non-clinical, industrial, and light industrial settings for clients in healthcare, pharmaceuticals, automotive, and commercial sectors.

Differentiator

Problem solved

Functional benefit

Brands

• FSI Staffing: Core staffing service brand offering IT staffing, non-IT staffing, and workforce management solutions.
• WorkForce Management
• Payroll Solutions

Products and services

• FSI Staffing Core staffing service connecting businesses with qualified IT, Non-IT, and Healthcare professionals for contract, temporary, and permanent placements.
• WorkForce Management Workforce management service helping clients optimize staffing operations and manage their contingent workforce effectively.
• Payroll Solutions Payroll processing and benefits administration service for temporary and contract workers placed through FSI staffing engagements.
• IT Staffing Specialized IT staffing service placing single contract consultants, short-term, seasonal, temporary workers, and sizeable teams of contingent IT professionals, serving organizations including TCS, WIPRO, and Persistent.
• Non-IT Staffing Non-IT staffing service serving commercial clients across industries including retail, manufacturing, construction, FMCG, BFSI, Aerospace, Industrial, Real Estate, and Media & Entertainment.
• Healthcare Staffing Healthcare staffing service providing certified healthcare providers to nursing homes and hospitals, filling positions including CNA, LPN, RN, Medical Assistant, Physician, Physical Therapist, and administrative roles.

Quantifiable outcome

• Eliminates burdensome task of identifying and screening hundreds of applicants for HR departments
• +2 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core.

• TCS (Tata Consultancy Services)coreImplementation/ SI/ Consulting PartnerImplementation partner relationship with TCS. Fastnet has served TCS according to their numerous departments and satisfies client needs on time.
• WIPROcoreImplementation/ SI/ Consulting PartnerImplementation partner relationship with WIPRO. Fastnet has provided information technology services to WIPRO across various departments.
• PersistentcoreImplementation/ SI/ Consulting PartnerImplementation partner relationship with Persistent. Fastnet has served Persistent across numerous departments with on-time delivery of client needs.

Scale indicators5 records

Recent moves5 records

Expansion highlights3 records

Direct peers

• TekSystems: IT staffing and services firm placing contract consultants at enterprise clients. Closely matches FSI's IT staffing offering and tier-1 SI partner delivery model.
• Kforce: U.S. staffing firm focused on technology and finance/accounting placements. Comparable to FSI's IT staffing vertical and contingent workforce model serving enterprise clients.
• Insight Global: Large U.S. staffing firm specializing in IT, healthcare, and professional placements with a consultative sales model; directly comparable to FSI's IT/Healthcare/Non-IT staffing verticals and partner-channel distribution.
• Beacon Hill Staffing Group: U.S. staffing firm operating across IT, finance/accounting, healthcare, and administrative verticals. Closely comparable to FSI in terms of multi-vertical focus and mid-market positioning.
• Aquent: Mid-sized U.S. staffing firm focused on IT, creative, and marketing talent placement with a managed-services model. Comparable scale and vertical mix to FSI's IT staffing operations.

Broad incumbents

• Robert Half International: Large U.S. staffing firm with broad IT, finance, administrative, and legal placement capabilities. Operates in the same end markets as FSI but at significantly greater scale and brand recognition.
• Kelly Services: Established U.S. staffing firm with broad IT, engineering, science, and commercial placement offerings. Overlaps with FSI's IT and Non-IT staffing verticals at substantially greater scale.
• AMN Healthcare: Largest U.S. healthcare staffing provider (nurses, allied health, physicians). Directly comparable to FSI's healthcare vertical but operates at substantially larger scale and broader clinical coverage.
• ManpowerGroup: Global staffing and workforce solutions provider. Operates in the same IT/Non-IT staffing space as FSI and is connected through FSI's customer relationship with its Tapfin MSP division.
• Randstad: Global staffing and HR services firm with broad IT, healthcare, and commercial placement offerings. Competes with FSI for enterprise staffing contracts but at significantly larger scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

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 FSI