| Company type | Private |
|---|---|
| Industry | Human resources technology |
| Founded | 2019 |
| Founders |
|
| Headquarters | San Francisco, California (Remote-First) |
| Services |
|
Remote is a human resources technology platform which provides payroll and compliance services for companies with distributed workforces and contractors. [1] [2] [3] The company has no physical offices and operates fully remotely. [4] [5] [6]
Remote was founded in 2019 by Job van der Voort and Marcelo Lebre. [7] [8] [9] [10] Van der Voort was previously the vice president of product at GitLab [11] [12] and Lebre was the vice president of engineering for Unbabel. [13] [14] Remote's investors include Sequoia Capital, Index Ventures, Accel, Two Sigma Ventures, and General Catalyst. [13]
In April 2020, Remote secured $11 million in its seed funding round. [15] By November 2020, the company raised $35 million in its Series A round. [2] [16] [17] [18] In July 2021, Remote closed Series B funding with $150 million [19] [20] [21] [22] and achieved unicorn status with a valuation of over $1 billion. [23] In April 2022, the company further expanded its funding with a $300 million Series C round. [24] [13] [25] [26] [27] [28]
At this time, Remote had a $3 billion valuation with $495 million raised. [29] [30] [31] Reuters attributed the growth to the increasing adoption of remote work due to the coronavirus pandemic. [24] [32] [33] [34]
In July 2022, Remote cut about 10% of its workforce due to economic uncertainties. [35] In September 2022, Job van der Voort, co-founder and CEO of Remote, was honored with the LOEY Award. [36] In June 2023, the company entered a revenue-sharing arrangement with HR tech company Gusto. [37] On September 21, 2023, Marcelo Lebre, co-founder of Remote, received the inaugural Prémio Ecossistema from Startup Lisboa and Unicorn Factory Lisboa, recognizing his significant contributions to Portugal's entrepreneurial ecosystem. [38]
In April 2024, Remote acquired Easop, a company that helps businesses manage stock and equity compensation for employees in over 70 countries. [39] [40] [41] In May, Job van der Voort, co-founder and CEO of Remote, was recognized as one of the wealthiest young Dutch entrepreneurs. [42] [43] [44] His estimated net worth surged to €675 million, marking a nearly 17-fold increase from the previous year. [45] [46]
On November 19, 2024, Remote and Kota have teamed up to streamline global employee benefits management. The collaboration introduces Remote Global Benefits, enabling companies to manage multi-country health insurance and comply with local regulations seamlessly. [47] [48]
Since its founding in 2019, Remote has operated as an Employer of Record (EOR), hiring employees worldwide for companies that lack legal entities in those countries. [49] [50] The company's EOR services are offered through a platform that helps businesses hire remote workers and manage onboarding, taxes, payments, compliance, and benefits. [51] [52] [53] [54]
In September 2023, Remote introduced its Global HR Platform designed for employers with workers in multiple countries, which includes the Remote HRIS. [8] The services included are talent management, time and attendance tracking, and integrated payroll. [8] [55] [56] In October 2023, the company launched a remote job marketplace called Remote Talent. [57]
In February 2024, Remote launched Contractor Management Plus, a tool designed to help employers avoid contractor misclassification by automating onboarding, record keeping, and localized contract generation in over 200 countries. [58] On January 29, 2025, Remote launched a Contractor of Record service to help companies manage international contractors by handling legal responsibilities such as onboarding, invoicing, tax management, and payments, reducing compliance risks. [59] [60]