LONDON–(COMMERCIAL THREAD) –Remote, the HR technology platform for international payroll, benefits and compliance, has announced exponential growth since its $ 35 million Series A funding in November 2020, including substantial increases for customers, employees , availability in countries and new product offerings. These advancements meet Remote’s vision to make it easier for companies to hire international employees and contractors from anywhere in the world.
Over the past six months, Remote has focused its funding toward achieving a number of key milestones. The company has:
Its customer base has grown six-fold since November, with aggressive month-over-month growth.
More than 100% increased availability in 40 countries today. New markets include Germany, Belgium, Hong Kong, Brazil, Argentina and Singapore, with a target to be available in 80 countries by the end of 2021.
Expanded its technology customer base and added new customers in consumer goods, retail and several major industries, now enabling thousands of companies to hire top talent, no matter where they are are found.
Internally, the Remote team has nearly tripled since late last year, with notable hires including Nadia Vatalidis, Head of People, James Ramsay and Jeremy Watson in product leadership roles, and team members. in the fields of engineering, operations, human resources, finance, sales. The team is spread across 40 countries and six continents, with marked growth in the UK and US.
Job van der Voort, CEO and co-founder of Remote, said: “Our Series A funding has enabled us to accelerate our mission of democratizing opportunity around the world. Not only have we significantly expanded the team and introduced several new product features, but we are exceeding our own aggressive growth targets by bringing the Remote platform to even more markets, much faster than we anticipated. I attribute our success to Remote’s values of kindness, ownership, transparency and excellence that underpin everything we do. It’s fantastic to see them manifest in the way we build the remote business ”.
Operating on its core values, Remote was recently recognized by Inc. Magazine in its annual list of the best places to work for 2021. The company was among a select group of winners due to Remote’s commitment to giving the award. putting people and culture first, its continued advocacy for a more inclusive and people-centered future of work, and its extraordinary support for employees during a turbulent year.
Rapid innovation cycle to help companies expand rapidly into new markets
The Remote platform continues to grow with new products and features that meet the dynamic demands of businesses around the world. The platform includes:
Official employer’s service (EOR) which manages the end-to-end global employment process, including onboarding, international payroll, benefits, taxes, stock options and compliance. Businesses can pay their employees in their local currency, without having to worry about exchange rates or manual currency conversions, and use localized employment contracts for built-in compliance with local laws. Remote IP Guard provides customers with the strongest protections in the industry, reducing their risk and exposure to intellectual property. This year, the EOR service has been extended to more countries than ever before, starting at $ 299.
Entrepreneur management enables businesses to legally and comply with on-board, pay and manage contractors anywhere in the world. It offers the ability to automatically pay contractors in their local currency, provides compliant contract templates tailored to local labor laws, and provides built-in intellectual property and invention rights.
The only company with a 100% vertically integrated stack
Remote has legal entities in all covered countries for faster service without third party delays, legal and HR experts in each country, rock-solid intellectual property (IP) protection and transparent pricing.
The company also offers special pricing through its Remote for Startups and Remote for Social Purpose Organizations (SPO) initiatives to equip these organizations with the tools to onboard, pay and manage their global teams in accordance with local laws at an affordable price.
About the remote control
Remote is the world’s leading self-service platform for global payroll, tax, benefits and compliance. Remote allows businesses to employ anyone anywhere in the world in minutes through the Remote platform. Founded in 2019 by Job van der Voort (former VP of Product at GitLab) and Marcelo Lebre (former VP of Engineering at Unbabel), Remote is a fully distributed company with employees based in several different countries.
For more information visit www.remote.com