Oyster HR

Charlotte, United States Founded: 2019 • Age: 7 yrs Unicorn
Oyster HR is recognized for providing global HR and payroll solutions.

About Oyster HR

Oyster HR is a Technology company based in Charlotte (United States) founded in 2019 by Jack Mardack and Tony Jamous. Oyster HR is recognized for providing global HR and payroll solutions. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Oyster HR has raised $291 million across 7 funding rounds from investors including Slack, ServiceNow and Salesforce. The company has 594 employees. Oyster HR has completed 2 acquisitions, including Carrom and Delocate. Oyster HR was last valued at $1.2 billion in December 2025. Its chief executive, as recorded, is Tony Jamous. Its website oysterhr.com draws about 217 thousand monthly visits. Its Indian entity Oyster People Services Private Limited reported revenue of β‚Ή123 Cr. Oyster HR offers products and services including Employer of Record, Global Payroll, Global Contractors, and Employee Benefits. Its focus areas include HR Technology and Global HR Platforms. Its competitors include Deel, Globalization Partners and Velocity Global; 3 of its 3 listed competitors have raised funding.

Company details

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.

  • Headquarters Charlotte, United States
  • Employees 594
  • Founders Jack Mardack, Tony Jamous
  • Stage Unicorn
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website oysterhr.com
  • Social LinkedIn X Facebook Instagram
  • Legal Name Oyster Hr, Inc
  • Date of Incorporation 10 Jun, 2021
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Indian entity revenue
    ₹123 Cr

    FY 2025 · +22% YoY

  • Indian entity net profit
    ₹17.1 Lakh

    FY 2025 · 0% margin

  • Indian entity EBITDA
    ₹29.2 Lakh

    FY 2025 · 0% margin

  • Total Equity Funding
    $291M (USD)

    in 7 rounds

  • Latest Funding Round
    $5M (USD), Series D

    Nov 2024

  • Investors
    Slack

    & 28 more

  • Employee Count
    594
  • Investments & Acquisitions
    Carrom

    & 1 more

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.

Employer of Record
HR Services

Global hiring is enabled as employer of record.

Global Payroll
Payroll Services

Multi-country payroll is managed with expert guidance.

Global Contractors
HR Services

International contractors are hired and paid compliantly.

Employee Benefits
HR Services

Localized benefit packages are offered to employees.

Funding Insights of Oyster HR

Oyster HR has successfully raised a total of $291M 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.

  • Total Funding $291M
  • Total Rounds 7
  • Last Round Series D β€” $5M
  • First Round $4.2M

    (Apr 2020)

  • Investors Count 29

All 7 funding rounds of Oyster HR with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2024$5MSeries D–ServiceNow
–
Sep 2024$59MSeries D–Silver Lake
Apr 2022$150MSeries C$1BGeorgian
Sep 2021Series B––
–
Jun 2021$50MSeries B–Stripes
Feb 2021$20MSeries A–Emergence Capital
Apr 2020$4.2MSeed–Connect Ventures
Valuation history
DateValuationStage
Apr 2022$1Bβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $1.2B (Dec 2025). 29 investors in total: 26 institutional and 3 angel.

Investors in Oyster HR

Oyster HR has secured backing from 29 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Slack, ServiceNow and Salesforce.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Technology investing and private equity firm focused on partnerships.
silverlake.com
Tech focused Early and growth stage VC firm investing in the US
emcap.comSan Francisco, United States
Endeavor is focused on supporting high-impact entrepreneurs globally.
endeavor.orgNew York, United States
Venture capital fund investing in tech companies
g2vp.comPortola Valley, United States
Venture capital is provided to expanding B2B software companies.
2008georgian.ioToronto, Canada
Global investments are made in product-led growth companies.
stripes.coNew York, United States
Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors.
base10.vc
Early-stage startups are supported by Avid Ventures through investments.
avidventures.comNew York, United States
Early-stage investments are made in product-focused companies by Connect Ventures.
connectventures.coLondon, United Kingdom
Focus by Sorenson Capital is on software, healthcare, aerospace, energy.
sorensoncapital.comLehi, United States
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Investor details for Oyster HR

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Board of directors of Oyster People Services Private Limited (Oyster HR)

Oyster People Services Private Limited is the primary company behind Oyster HR. The board of Oyster People Services Private Limited currently have 3 directors; the longest-serving is Rohit Narendra Lohade, appointed in 2021. 3 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Rohit Narendra Lohade
DIN 07012323
Director10 Jun 20215 yrs 5 moOyster People Services Private Limited
Miranda Mitchell Zolot
DIN 09239889
Director23 Jul 20215 yrs 3 moOyster People Services Private Limited
Larissa De Araujo Alvarenga
DIN 11280317
Director04 Sep 20251 yr 2 moOyster People Services Private Limited

People of Oyster HR

184 people are tracked at Oyster HR (40 in leadership, 1 in board & advisors, 143 in team); the tracked headcount is 594.

NameRoleGroup
Jack Mardack
Co-FounderLeadership
Tony Jamous
Co-Founder & CEOLeadership
Stacey Slater
Director, Global Talent AcquisitionLeadership
Bryan Gough
VP Of Fp&aLeadership
Paul Goss
Director Of FinanceLeadership
Philip Newbald
Senior Director, Global Finance OperationsLeadership
Sorina Petricica
Director Of Global Finance OperationsLeadership
Milly Parker
Director Of People ExperienceLeadership
Gráinne Considine
Strategic People PartnerLeadership
Alexandra McKay
Director Of Product MarketingLeadership
Bernadette Orton
I❤️ta / Talent Partner Via Join Talent At OysterLeadership
Jakub Kratina
Director Of EngineeringLeadership
Shannon Lincoln
Chief Financial OfficerLeadership
Kevin Pratt
Director, Senior Managing Counsel, Growth And MonetizationLeadership
Jeffrey May
Director, Senior Managing Counsel, Trust & TechnologyLeadership
Clare Godfrey
PA To CEOLeadership
Katie T.
Executive Assistant To Chief Financial OfficerLeadership
Jennifer Milbourne MacKinnon
Senior Partner Marketing ManagerLeadership
Marie Bosseur Dit Toby
Director People Enablement & CommunityLeadership
Erin Goodey
Director, People ServicesLeadership

164 more people are available in the full profile.

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Financials of Oyster HR

Figures of Oyster People Services Private Limited, the primary company behind Oyster HR, for FY 2025. Revenue was ₹123 Cr (+22% year on year). Net profit was ₹17.1 Lakh (0% margin). EBITDA was ₹29.2 Lakh (0% margin). Revenue has grown at a compounded annual rate of +140% over three years.

  • ₹123 CrRevenue · FY 2025 · +22% YoY
  • ₹17.1 LakhNet profit · 0% margin
  • ₹29.2 LakhEBITDA · 0% margin
  • ₹10,000Paid-up capital
  • 251Employees (provident fund records)
  • +140%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Oyster People Services Private Limited are on its company page.

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Investments & Acquisitions by Oyster HR

Oyster HR has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Carrom and Delocate.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Workforce planning services are provided to support business resource management.
delocate.coLondon, United Kingdom2020Feb 2021β€’β€’β€’β€’
Remote employees are hired and managed through a dedicated platform.
carrom.io2019May 2020β€’β€’β€’β€’
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Timeline of Oyster HR

6 dated milestones of Oyster HR across 5 years, from founding to its latest funding, stage changes and deals.

  1. Founded Oyster HR is founded.
  2. Funding First funding round of $4.2M.
  3. Acquisition Acquires Carrom.
  4. Acquisition Acquires Delocate.
  5. Milestone Reaches Unicorn status.
  6. Funding Latest funding round, Series D, of $5.0M.

Competitors of Oyster HR

Oyster HR has 3 listed competitors in our database, 3 of them funded. They include Deel, Globalization Partners and Velocity Global.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
deel.com2019San Francisco, United States$986.19M1,411
Cloud-based HRMS solutions are delivered for enterprise compliance and payroll.
globalization-partners.com2012Boston, United States$350M97
Global teams are hired via AI platform without subsidiaries.
velocityglobal.com2014Denver, United States$500M394
Cloud-based HRMS platform is provided for enterprise workforce management.
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Detailed competitors of Oyster HR

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Web traffic of Oyster HR

The website of Oyster HR (oysterhr.com) receives about 216.6K visits a month.

  • Monthly visits
    216.6K

    ▲ 1.7% vs previous month

Similar websites

Websites whose visitors overlap most with Oyster HR. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
remote.com
100%
1.1M#36,478View details
rippling.com
96%
9.3M#6,537View details
simpplr.com
94%
217.8K#186,468View details
hibob.com
91%
3.4M#16,629View details
plane.com
plane.com
90%
#177,436–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in HR & Workforce Technology

3 companies that operate in the same segment as Oyster HR (HR & Workforce Technology) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Anonymous employee reviews and job search platform are operated.
2007San Francisco, California, United StatesUSD 201.5 M1,695
Cloud-based LMS platform for IT industry
2004Farmington, Utah, United StatesUSD 235.41 MUSD 4.95 M1,774
Employee health benefits are facilitated via a cloud-based platform.
2007Plymouth Meeting, Pennsylvania, United StatesUSD 228.3 M
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Related news about Oyster Hr

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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 CEO of Oyster HR, as recorded in our data. They have also founded this company.

Oyster HR is a funded company, having raised a total of $291M across 7 funding rounds to date. The company's 1st funding round was a Seed of $4.2M, raised on Apr 2020.

Oyster HR has 594 employees.

The primary company behind Oyster HR, Oyster People Services Private Limited, reported revenue of β‚Ή123 Cr for FY 2025, up 22% year on year.

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 made 2 acquisitions, including Carrom, and Delocate.

Oyster HR has 29 investors. Key investors include Slack, ServiceNow, Salesforce, Okta, and LinkedIn.

The valuation of Oyster HR is $1.2B as of Dec 2025.

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