Remote raises $35 million Series A funding to offer every company a local HR team on every continent

One of the many challenges facing mall businesses today is keeping up with payroll laws and regulations across many states. The challenge is even greater for businesses with an international presence. Payroll laws vary around the globe and it’s virtually impossible to comply with them without help. Enter Remote, a San Francisco-based tech startup and the world’s first self-serve platform for global payroll, tax, benefits, and compliance. Remote enables companies to employ anyone anywhere in the world in minutes through the Remote platform.

Today, Remote announced that it has secured $35 million in Series A funding to further its position as the industry’s most compliant and competitive solution helping companies of all sizes employ global teams. The round was 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. To date, Remote has raised a total of $46 million in funding.

Founded by Job van der Voort and Marcelo Lebre, Remote fully owns local legal entities in all our covered countries. By removing the intermediaries, Remote offers superior flexibility, speed, and cost efficiency to our customers. Before founding Remote, Job van der Voort was the VP of product for GitLab. He helped grow the company from five to 450 employees across 67 countries with no offices. Marcelo Lebre is an industry veteran who worked at several globally-distributed companies.

The Remote team has grown by 650% this year, with new senior hires including Roderick van Vliet (previously EY) as Head of Legal, and Elisa Rossi (previously Square, Eventbrite, and Apple) as Head of Growth. As part of this round, Hannah Seal, Principal at Index Ventures, and Jan Hammer, Partner at Index Ventures, will also be joining the board.

Since its public launch earlier this year and its $11 million seed funding round in April, Remote has been approached by thousands of companies seeking to take advantage of its unique employment model and a global network of legal entities, including customers GitLab, Loom, Cargo One, Whereby and Phaidra. Remote has doubled its customer base every month since the start of the year.

Remote is the only global employment provider with its own legal infrastructure in every country where it operates. This provides customers with absolute security for IP and invention rights, guarantees international compliance, and enables Remote to offer the industry’s most competitive and flexible pricing. With millions of companies worldwide shifting to remote work and adapting to evolving visa requirements, Remote has become the new standard solution for organizations looking to hire and retain the best global talent.

Remote’s platform includes its global employer of record services, covering international payroll, benefits, taxes, and visa and immigration services, as well as a free platform for global contractor management and payments.

Commenting on the funding, 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.”

Ravi Gupta, Partner at Sequoia Capital, said: “The future of work will involve many remote employees. Remote is addressing a key area of friction in the global economy by opening up the availability of talent to all businesses and the range of opportunities to individuals. We are excited to support Remote in its drive to reshape the global talent market.”