Remote, an HR technology platform for international payroll, benefits and compliance, today announced that it has secured $35 million in Series A funding led by Index Ventures and joined by Sequoia Capital, with additional participation from angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz. Previous investors General Catalyst and Two Sigma Ventures are also participating.
Job van der Voort, CEO and Co-Founder at Remote, said: “Remote work has become the norm for thousands of businesses and we anticipate that upwards of 40% of knowledge worker jobs will be a hybrid or fully remote role in the next few years. We believe that companies should be able to employ anyone in the world and that opportunities should be accessible regardless of where someone lives. This investment will allow us to continue to build tools for companies to make remote work easier. Remote doesn’t just enable global employment, it helps businesses win the global talent war.”
This funding empowers Remote to further its position as the industry’s most compliant and competitive solution helping companies of all sizes employ global teams. Remote has raised $46 million to date.