Oyster Raises $150M for Global Employment
Oyster®, the company that delivers a compliant and robust global employment platform, announced that it has raised $150 million in Series C funding at a $1 billion-plus valuation. Georgian, who led the round, was joined by Salesforce Ventures, LinkedIn, the Base10 Partners Advancement Initiative, Okta, and Endeavor Catalyst, along with existing investors Stripes, Emergence Capital, PayPal Ventures, Slack Fund, Avid Ventures, PeopleTech Partners, and HR Tech Investments, an affiliate of Indeed.
“Distributed work is better for business, better for people, and better for the planet,” said Oyster Co-founder & CEO Tony Jamous. “Our mission, to create a more equal world by helping companies everywhere hire people anywhere, fuels everything that we do. It’s thanks to the strength and impact of that mission that we have been able to grow our team and business in such an unprecedented way. We’re thrilled to work with Georgian and our investor partners on this step of the journey.”
Oyster is a global employment platform that empowers companies to hire, pay, and care for their global teams.
Oyster plans to use the Series C funding to further develop its global employment platform and invest in the People Ops community.
Announcement: Oyster Raises $150M for Global Employment