Oyster, the HR platform for globally distributed companies, today announced it has completed a $20 million Series A investment led by Emergence Capital, less than a year after raising a $4.2M seed round. Spurred by the rapid acceleration of distributed working during the pandemic, Oyster has grown quickly by enabling companies to manage growing and geographically distributed workforces in over 100 countries.
Tony Jamous, Oyster CEO said, “The move to work from anywhere is good news to the world, despite a gloomy 2020. We have aligned our mission with our growth, and it is paying off. We were fortunate to be able to raise our Seed and Series A during the pandemic, remotely.”
There are now massive opportunities for remote-centric companies to attract and retain great global talent, and for the SaaS companies that enable them. Oyster’s category-defining SaaS HR platform supports the changing needs of HR in the new work-from-anywhere world—by removing the need to deal with local payroll and employment complexity, by speeding up traditional international hiring, onboarding and by providing robust benefits for employees and contractors alike- all from one SaaS platform.