Home News HR Technology Platform Remote Raises $35 Million

HR Technology Platform Remote Raises $35 Million

HR Technology Platform Remote Raises $35 Million

Human resources technology platform Remote announced it has raised $35 million in Series A funding led by Index Ventures and joined by Sequoia Capital with additional participation from angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz. Previous investors General Catalyst and Two Sigma Ventures are also participating.

Including this round, Remote has raised $46 million to date. And this round of funding empowers Remote to further its position as the industry’s most compliant and competitive solution helping companies of all sizes employ global teams.

Since launching earlier this year and raising $11 million in a seed funding round in April, Remote has been approached by thousands of companies seeking to take advantage of its unique employment model and a global network of legal entities, including customers GitLab, Loom, Cargo One, Whereby and Phaidra. Remote has been doubling its customer base every month since the start of the year.

Launched by Job van der Voort (who as VP of product for GitLab helped grow the company from five to 450 employees across 67 countries with no offices) and Marcelo Lebre (an industry veteran who worked at several globally-distributed companies), the Remote team has grown by 650% this year with new senior hires including Roderick van Vliet (previously EY) as Head of Legal, and Elisa Rossi (previously Square, Eventbrite, and Apple) as Head of Growth. And as part of this round, Hannah Seal, Principal at Index Ventures, and Jan Hammer, Partner at Index Ventures, will also be joining the board.

Remote’s platform includes its global employer of record services, which covers international payroll, benefits, taxes, and visa and immigration services, as well as a free platform for global contractor management and payments.

Eskalera, a Startup Led by Goldman Sachs’ Former HR Head Has Launched a Diversity and Inclusion Index

Eskalera, a technology startup led by Goldman Sachs former human resources head Dane Holmes, has launched an index to measure corporate diversity and inclusiveness,...

HSBC to Remove 35,000 Jobs Amidst Covid-19 Crises

HSBC Holdings Plc has restarted cutting as many as 35,000 jobs, three months after the coronavirus outbreak forced it to pause a long-awaited overhaul...

Genpact Offers Its Internal Skill Training Program Globally for Everyone

Genpact has announced Adapt and Rise, a role-based online learning platform that leverages Genpact's expertise honed from delivering real-world change for hundreds of clients....

San-Francisco Based Learning Platform Degreed Has Raised $32 Million in New Funding

The upskilling platform, Degreed, has announced $32 million in new funding in direct response to overwhelming demand for better skill insights, talent mobility, and...

Research Shows the Implications of Workplace Layouts on Employee Productivity and Overall Performance

As some workplaces prepare for the gradual return of employees and overhaul office layouts and seating plans, research has shown this could also have...

Employee Concierge ‘Back Technologies’ Integrates Automation Into Internal HR and Other Support Tasks

Companies are under increasing pressure to automate workflows and digitally service their employees, particularly in light of trends toward remote work. It takes an...

HR Strategies to Help Your Business Navigate the New ‘Normal’

No business is immune to the massive changes resulting from the health crisis. Organizations have proven themselves to be agile, and employees have demonstrated...

The Importance Of Diversity And Inclusion In HR, Hiring, Talent Management: Thoughts From A Top Expert

Michael C. Hyter is one of today’s best-known experts on inclusion and diversity and the author of The Power of Choice: Embracing Efficacy to Drive Your Career and The...

HR Expert Highlights Actionable Steps to ‘Make Real Change’ Against Racism in Your Workplace

Kyra Leigh Sutton, Ph.D., is a faculty member at the Rutgers University School of Management and Labor Relations, where she teaches human resources courses...

Adidas Employees Want Company to Investigate HR Chief for Response to Racial Issues

A group of Adidas employees from around the globe is asking the company to investigate its chief human resources officer, as part of a...