Remote, a company building, managing and supporting global, distributed workforces, today announced a $300 million Series C financing round, led by SoftBank Vision Fund 2 with participation from existing investors including Accel, Sequoia, Index Ventures, Two Sigma Ventures, General Catalyst, 9Yards, Adams Street and Base Growth.
“Remote’s mission from day one has been to help create a world where every person and business truly belongs in the global market. This significant show of support from investors along with the rapid growth of our business is proof that this need is not only palpable, but that the vision and solutions we offer are first-in-class innovation,” said Job van der Voort, co-founder and CEO of Remote.
The Remote platform provides the necessary tools and expertise for clients to hire globally, pay teams in their preferred currencies, and remain compliant with ever-changing regulations.
The additional funding will be used to build more products including contractor and global payroll platforms and expand on the service and benefits offering.