Remote.com, a platform for global payroll, benefits, and compliance, has successfully raised $11 million in seed financing. The funding round was led by Two Sigma Ventures and included participation from Index Ventures, General Catalyst, Liquid2, INKEF Capital, and Remote First Capital. The capital will be used to grow the team, enhance the product, and expand the company’s services to over 40 countries.
Remote.com’s mission is to remove the barriers of global employment. It simplifies the process of hiring, paying, and managing remote teams, making it easier for companies to employ people in different countries. The firm handles payroll, taxes, benefits, and compliance in-house, ensuring that companies can focus on their core business.
The company was founded by Job van der Voort, former VP of Product at GitLab, and Marcelo Lebre, former VP of Engineering at Unbabel. They believe that companies should be able to hire the best talent, regardless of location. The founders are confident that the investment will help them achieve their mission and make remote work accessible to everyone.
Go to source article: https://blog.remote.com/announcing-our-seed-financing/