Remote (platform)
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Remote is a
human resources Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. A narrower concept is human capital, the knowledge and skills which the individuals command. Similar terms include ' ...
technology platform which provides
payroll A payroll is a list of employment, employees of a company who are entitled to receive compensation as well as other work benefits, as well as the amounts that each should obtain. Along with the amounts that each employee should receive for time ...
and compliance services for companies with distributed workforces and contractors. The company has no physical offices and operates fully remotely.


History

Remote was founded in 2019 by Job van der Voort and Marcelo Lebre. Van der Voort was previously the vice president of product at GitLab and Lebre was the vice president of engineering for Unbabel. Remote's investors include
Sequoia Capital Sequoia Capital Operations, LLC is an American venture capital firm headquartered in Menlo Park, California, specializing in seed stage, early stage, and growth stage investments in private companies across technology sectors. the firm had appro ...
,
Index Ventures Index Ventures is a European venture capital firm with headquarters in both San Francisco and London. It invests primarily in tech companies. History Index Ventures has its origins in a Switzerland, Swiss bond (finance), bond-trading firm cal ...
, Accel, Two Sigma Ventures, and General Catalyst. In April 2020, Remote secured $11 million in its seed
funding round A securities offering (or funding round or investment round) is a discrete round of investment, by which a business or other enterprise raises money to fund operations, expansion, a capital (economics), capital project, an acquisition, or some oth ...
. By November 2020, the company raised $35 million in its Series A round. In July 2021, Remote closed Series B funding with $150 million and achieved unicorn status with a valuation of over $1 billion. In April 2022, the company further expanded its funding with a $300 million Series C round. At this time, Remote had a $3 billion valuation with $495 million raised.
Reuters Reuters ( ) is a news agency owned by Thomson Reuters. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide writing in 16 languages. Reuters is one of the largest news agencies in the world. The agency ...
attributed the growth to the increasing adoption of
remote work Remote work (also called telecommuting, telework, work from or at home, WFH as an initialism, hybrid work, and other terms) is the practice of work (human activity), working at or from one's home or Third place, another space rather than from ...
due to the coronavirus pandemic. In July 2022, Remote cut about 10% of its workforce due to economic uncertainties. In September 2022, Job van der Voort, co-founder and CEO of Remote, was honored with the LOEY Award. In June 2023, the company entered a revenue-sharing arrangement with HR tech company Gusto. On September 21, 2023, Marcelo Lebre, co-founder of Remote, received the inaugural Prémio Ecossistema from Startup Lisboa and
Unicorn The unicorn is a legendary creature that has been described since Classical antiquity, antiquity as a beast with a single large, pointed, spiraling horn (anatomy), horn projecting from its forehead. In European literature and art, the unico ...
Factory Lisboa, recognizing his significant contributions to Portugal's entrepreneurial ecosystem. In April 2024, Remote acquired Easop, a company that helps businesses manage stock and equity compensation for employees in over 70 countries. In May, Job van der Voort, co-founder and CEO of Remote, was recognized as one of the wealthiest young Dutch entrepreneurs. His estimated net worth surged to €675 million, marking a nearly 17-fold increase from the previous year. 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.


Products

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. The company's EOR services are offered through a platform that helps businesses hire remote workers and manage onboarding, taxes, payments, compliance, and benefits. In September 2023, Remote introduced its Global HR Platform designed for employers with workers in multiple countries, which includes the Remote HRIS. The services included are talent management, time and attendance tracking, and integrated payroll.In October 2023, the company launched a remote job marketplace called Remote Talent. 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. On January 29, 2025, Remote launched a Contractor of Record service to help companies manage international contractors by handling legal responsibilities such as
onboarding Onboarding or organizational socialization is the American term for the mechanism through which new employees acquire the necessary knowledge, skills, and behaviors to become effective organizational members and insiders. In other than American ...
,
invoicing An invoice, bill, tab, or bill of costs is a commercial document that includes an itemized list of goods or services furnished by a seller to a buyer relating to a sale transaction, that usually specifies the price and terms of sale, quantiti ...
, tax management, and payments, reducing compliance risks.


References

{{Reflist Technology companies of the United States American companies established in 2019