About Oyster HR
Oyster HR is a company based in Charlotte (United States) founded in 2019 by Jack Mardack and Tony Jamous. It operates as a SaaS (Software-as-a-Service) and Managed Services. Oyster HR has raised $288.2 million across 7 funding rounds from investors including Slack, ServiceNow and Salesforce. The company has 251 employees as of April 05, 2024. Oyster HR has completed 2 acquisitions, including Carrom and Delocate. Oyster HR offers products and services including Employer of Record, Global Payroll, Global Contractors, and Employee Benefits. Oyster HR operates in a competitive market with competitors including Deel, Globalization Partners, Velocity Global, Multiplier and Worksome, among others.
- Headquarter Charlotte, United States
- Employees 251 as on 05 Apr, 2024
- Founders Jack Mardack, Tony Jamous
- Stage Unicorn
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Oyster Hr, Inc
- Date of Incorporation 10 Jun, 2021
- Jurisdiction Bangalore, Karnataka, India
-
Annual Revenue
$7.91 M (USD)641.75as on Mar 31, 2023
-
Net Profit
$131.04 K (USD)1392.17as on Mar 31, 2023
-
EBITDA
$102.35 K (USD)552.42as on Mar 31, 2023
-
Total Equity Funding
$288.2 M (USD)
in 7 rounds
-
Latest Funding Round
$5 M (USD), Series D
Nov 11, 2024
-
Investors
Slack
& 19 more
-
Employee Count
251
as on Apr 05, 2024
-
Investments & Acquisitions
Carrom
& 1 more
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Oyster HR
Oyster HR offers a comprehensive portfolio of products and services, including Employer of Record, Global Payroll, Global Contractors, and Employee Benefits.
Global hiring is enabled as employer of record.
Multi-country payroll is managed with expert guidance.
International contractors are hired and paid compliantly.
Localized benefit packages are offered to employees.
People of Oyster HR
Unlock access to complete
Software Development Team
35 people
Senior Team
23 people
Operations Team
21 people
Sales and Marketing
19 people
Finance and Accounting
17 people
Human Resources and Administration
16 people
Legal and Compliance
10 people
Leadership Team
7 people
Unlock access to complete
Funding Insights of Oyster HR
Oyster HR has successfully raised a total of $288.2M across 7 strategic funding rounds. The most recent funding activity was a Series D round of $5 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Oyster HR
Oyster HR has secured backing from 20 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Slack, ServiceNow and Salesforce.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Technology investing and private equity firm focused on partnerships.
|
Locked | Locked | Locked | |
|
Tech focused Early and growth stage VC firm investing in the US
|
Locked | Locked | Locked | |
|
Endeavor is focused on supporting high-impact entrepreneurs globally.
|
Locked | Locked | Locked |
Investor details for Oyster HR
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Oyster HR
Oyster HR has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Carrom and Delocate.
Investment portfolio details for Oyster HR
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Workforce planning services are provided to support business resource management.
|
Locked | Locked | 2020 | Locked | |
|
Remote employees are hired and managed through a dedicated platform.
|
Locked | Locked | 2019 | Locked |
Complete acquisition details for Oyster HR
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Oyster HR
Detailed financials for Oyster HR
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Oyster Hr Comparisons
Peer comparison for Oyster HR
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Oyster HR
Oyster HR operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Deel, Globalization Partners, Velocity Global, Multiplier and Worksome, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Cloud-based HRMS solutions are delivered for enterprise compliance and payroll.
|
|
| Locked | Locked | Locked |
Global teams are hired via AI platform without subsidiaries.
|
|
| Locked | Locked | Locked |
Cloud-based HRMS platform is provided for enterprise workforce management.
|
|
| Locked | Locked | Locked |
Cloud-based SaaS management solutions are offered by Multiplier.
|
|
| Locked | Locked | Locked |
Hiring, contracts, and payroll are automated for external workforce management.
|
|
| Locked | Locked | Locked |
Cloud-based HRMS platform for hiring, payroll, and onboarding is provided.
|
Detailed competitors of Oyster HR
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Oyster Hr
Complete news archive for Oyster HR
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Oyster HR
Oyster HR was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Oyster HR is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Tony Jamous is the current CEO of Oyster HR. They have also founded this company.
Oyster HR is a funded company, having raised a total of $288.2M across 7 funding rounds to date.
As of Apr 05, 2024, the latest employee count at Oyster HR is 251.
Annual revenue of Oyster HR is $7.91M as on Mar 31, 2023.
Oyster HR is established as a provider of global employment solutions, focusing on HR and payroll services across over 180 countries. The platform is designed to assist companies in hiring full-time employees and contractors without the need for local legal entities. Compliance with international employment laws is ensured, and localized benefits are offered to support workforce retention. Integration with existing HR tech stacks is supported, alongside automation features for streamlined operations in the HR sector.
Oyster HR's top competitors include Deel, Globalization Partners and Velocity Global.
Oyster HR offers Employer of Record, Global Payroll, Global Contractors, and Employee Benefits.
Oyster HR has 20 investors. Key investors include Slack, ServiceNow, Salesforce, Okta, and LinkedIn.
The valuation of Oyster HR is $1B as of Apr 2022.