USA – Remote, a San Francisco, CA-based provider of an HR technology platform for international payroll, benefits and compliance, raised $35m in Series A funding.
The round was led by Index Ventures with participation from Sequoia Capital, and angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz. Previous investors General Catalyst and Two Sigma Ventures are also participating. As part of this round, Hannah Seal, Principal at Index Ventures, and Jan Hammer, Partner at Index Ventures, will also be joining the board. The company, which has raised $46m to date, intends to use the funds to expand operations and its business reach.Founded in 2019 by Job van der Voort (former VP of Product at GitLab) and Marcelo Lebre (former VP of Engineering at Unbabel), Remote is a self-serve platform for global payroll, tax, benefits and compliance which enables companies to employ anyone anywhere in the world. The platform includes its global employer of record services, covering international payroll, benefits, taxes, and visa and immigration services, as well as a free platform for global contractor management and payments. Remote is a fully distributed company its own legal infrastructure in every country where it operates. This provides customers with security for IP and invention rights, guarantees international compliance. The team also includes recent senior hires Roderick van Vliet (previously EY) as Head of Legal, and Elisa Rossi (previously Square, Eventbrite and Apple) as Head of Growth. 10/11/2020
