FinTechFunding

Remote: Secures $35M in Series A Funding

  • Remote, a San Francisco, CA-based provider of an HR technology platform for international payroll, benefits, and compliance, raised $35m in Series A funding.
  • The round was led by Index Ventures with participation from Sequoia Capital, and angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz
  • Previous investors General Catalyst and Two Sigma Ventures are also participating
  • The company, which has also raised $46m to date, intends to use the funds to expand operations and its business reach
  • Remote, a fully distributed company with its own legal infrastructure in every country where it operates
  • This provides customers with security for IP and invention rights, guarantees international compliance
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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