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Remote Secures $35 Million in Series A Funding to Transform Global Talent Market

Nov 10, 2020•over 4 years ago

Amount Raised

$35 Million

Round Type

series a

San FranciscoSoftware

Description

Remote, an HR technology platform for international payroll, benefits and compliance, today announced that it has secured $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.This funding empowers Remote to further its position as the industry’s most compliant and competitive solution helping companies of all sizes employ global teams. Remote has raised $46 million to date.

Company Information

Company

Remote

Location

San Francisco, California, United States

About

Remote is a Global HR Platform that helps companies hire, manage, and pay their entire team — and more effectively compete in the modern global economy through our comprehensive set of core solutions including, HRIS, payroll, international employment, contractor management, and more. Whether you’re just starting your global journey, or looking to optimize your existing operations, sign up or book a demo - and see how Remote makes global HR simple.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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