Vultus
“Can an affordable vertical SaaS for IT staffing agencies own the front-office (ATS) and back-office (payroll/invoicing/compliance) workflow without owning the money movement itself?”
Founded2014
HQManalapan, New Jersey, USA
Total raised$1.5M
IndustryVertical SaaS / Staffing & Recruitment
The story
Vultus is a small vertical-SaaS vendor serving IT staffing firms with an applicant tracking system (Recruit) and a back-office workforce management product (Connect). Its Connect module covers timesheets, invoicing, payroll, cash flow management, and compliance/immigration document tracking — but Vultus itself does not appear to operate embedded finance rails. Financial workflows (invoicing, payroll, cash flow) are handled through customer-owned QuickBooks integrations rather than an in-app payments or banking stack.
Last 12 months
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Product timeline
2004
First product EMPSERVICE (predecessor of Connect) built· product
2014
Vultus Inc. founded, headquartered in New Jersey· founding
2024
Operating ATS (Recruit) and workforce management (Connect) products with ~18 employees and ~$844K revenue· product
The stack
1 layer disclosed in Vultus’s embedded-finance stack
Accounting
Accounting gap: minor