Payroll platform Skuad raises $4M

Skuad, a global employment platform to hire, pay and manage globally distributed teams, on Monday announced that it has raised $4 million in a seed round. The funding came from global venture capital firms BEENEXT and Anthemis Group, alongside Alto Partners Multi-Family Office and Rohan Monga, CEO of Zenius Education among others.

“With Skuad, we are on a mission to enable companies to build teams with global talent quickly while opening up amazing opportunities for top talent to realize their dreams to work for startups as well global companies even if they are not geographically co-located,” said Sundeep Sahi, CEO of Skuad.

The platform, which is currently being used by companies in countries across South East Asia, Africa and North America, plans to use the funds to grow its remote employment infrastructure and scale its growth team in multiple geographies.

Announcement: Payroll platform Skuad raises $4M