About Remote Year
Remote Year is a company based in Chicago (United States) founded in 2015 was acquired by Selina in October 2020. Remote Year has raised $19.18 million across 3 funding rounds from investors including Selina, Lightbank and Highland Capital Partners. Remote Year operates in a competitive market with competitors including WorkCation, Barnfox and Hacker Paradise, among others.
- Headquarter Chicago, United States
-
Sectors
Travel & Hospitality
-
Phone
*********
-
Website
*********
-
Social
*********
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
Funding Insights of Remote Year
Remote Year has successfully raised a total of $19.18M across 3 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in September 2019. 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 Total Funding
- Total Rounds 3
- Last Round Series A — $7.0M
-
First Round
First Round
(28 May 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2019 | Amount | Series A - Remote Year | Valuation | Lightbank | |
| Oct, 2016 | Amount | Series A - Remote Year | Valuation | Highland Capital Partners | |
| May, 2015 | Amount | Seed - Remote Year | Valuation |
investors |
|
Investors in Remote Year
Remote Year has secured backing from 6 investors, including venture fund and angel investors. Prominent investors backing the company include Selina, Lightbank and Highland Capital Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Tech focused seed & early stage VC firm investing primarily in the US
|
Founded Year | Domain | Location | |
|
Venture capital investment and entrepreneur support services.
|
Founded Year | Domain | Location | |
|
Early-stage tech startups are funded by Flybridge Capital Partners.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Remote Year
Financial Statements - Remote Year
Remote Year Comparisons
Competitors of Remote Year
Remote Year 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 WorkCation, Barnfox and Hacker Paradise, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Online platform for booking vacation rental accommodations for working professionals
|
|
| domain | founded_year | HQ Location |
Accommodations for remote workers are booked via an online marketplace.
|
|
| domain | founded_year | HQ Location |
Travel programs for remote workers to connect, learn, and explore worldwide.
|
Frequently Asked Questions about Remote Year
Remote Year was founded in 2015.
Remote Year is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Remote Year is a funded company, having raised a total of $19.18M across 3 funding rounds to date. The company's 1st funding round was a Seed of $175K, raised on May 28, 2015.
Remote Year was founded in 2015 in Chicago, United States, and operates in the travel and remote work sector. A one-year subscription program is provided, requiring a 3,000 down payment and 2,000 monthly fees, which cover accommodations and commutes across various locations. Participants are responsible for securing their own remote employment to participate.
Remote Year's top competitors include WorkCation, Barnfox and Hacker Paradise.
Remote Year has 6 investors. Key investors include Selina, Lightbank, Highland Capital Partners, Flybridge Capital Partners, and Jesse Middleton.