HR tech startup Remote has already pulled in a $35 million Series A round after raising $11 million in seed funding this past April. This latest round was led by Index Ventures and Sequoia Capital, with participation from angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz.
As its name suggests, the platform helps companies to employ fully distributed global teams. It offers international payroll, benefits, taxes, and visa and immigration services, as well as a free platform for global contractor management and payments.
Since its public launch earlier this year, Remote says it’s been approached by thousands of companies and has doubled its customer base every month.
This growth isn’t only because Covid is forcing companies to work from home, but also because Remote offers something more valuable than well-designed HR software. The company describes itself as the only global employment provider with its own legal infrastructure in every country where it operates. This means customers can rely on absolute security for IP and invention rights as well as compliance with local labor laws.
Founded by Job van der Voort (who as VP of product for GitLab helped grow the company from five to 450 employees across 67 countries with no offices) and Marcelo Lebre (an industry veteran who worked at several globally-distributed companies), the startup’s own team has grown by 650 percent this year.
As part of this round, Hannah Seal and Jan Hammer of Index Ventures are joining the board.
Photo: Remote founders CTO Marcelo Lebre and CEO Job van der Voort