About Remote Year
Remote Year is a Travel & Hospitality company based in Chicago (United States) founded in 2015, and was acquired by Selina in October 2020. It operates as a travel subscription program while working remotely. Remote Year has raised $19.18 million across 3 funding rounds from investors including Selina, Lightbank and Highland Capital Partners. Its focus areas include Consumer, Online Travel, Accommodation and Vacation Rentals. Its competitors include WorkCation, Barnfox and Hacker Paradise; 2 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Chicago, United States
- Stage Acquired
- SectorsTravel & Hospitality
- Website remoteyear.com
- Social LinkedIn X
- Acquired by Selina (Oct 2020)
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 $19.18M
- Total Rounds 3
- Last Round Series A — $7M
- First Round $175,000
(May 2015)
- Investors Count 5
All 3 funding rounds of Remote Year with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2019 | $7M | Series A | – | Lightbank | |
| Oct 2016 | $12M | Series A | – | Highland Capital Partners | |
| May 2015 | $175,000 | Seed | – | – | – |
6 investors in total: 4 institutional and 2 angel.
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 | – | lightbank.com | Chicago, United States | |
Venture capital investment and entrepreneur support services. | – | hcp.com | - | |
Early-stage tech startups are funded by Flybridge Capital Partners. | – | flybridge.com | New York, United States | |
JM Jesse Middleton | General Partner at Flybridge Capital, active angel investor in tech startups | – | unknown_3abe5bf2356740698 | - |
NB Nathan Blecharczyk | Co-founder of Airbnb, angel investor, tech innovator | – | unknown_5bbfe3caf7cc4c269 | - |
Online platform for booking hostel accommodation and co-working spaces for travelers | 2015 | selina.com | London, United Kingdom |
Investor details for Remote Year
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Timeline of Remote Year
4 dated milestones of Remote Year across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Remote Year is founded.
- Funding First funding round of $175K.
- Funding Latest funding round, Series A, of $7.0M.
- Exit Acquired by Selina.
Competitors of Remote Year
Remote Year has 3 listed competitors in our database, 2 of them funded. They include WorkCation, Barnfox and Hacker Paradise, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| workcation.tcc.mode | 2022 | Los Angeles, United States | $1.15M | – | Online platform for booking vacation rental accommodations for working professionals | |
| barnfox.com | 2020 | New York, United States | $1M | – | Accommodations for remote workers are booked via an online marketplace. | |
| hackerparadise.org | 2014 | San Francisco, United States | – | – | Travel programs for remote workers to connect, learn, and explore worldwide. |
Detailed competitors of Remote Year
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Remote Year
The website of Remote Year (remoteyear.com) receives about 3.8K visits a month.
- Monthly visits3.8K
▲ 13.9% vs previous month
Websites whose visitors overlap most with Remote Year. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| imscorporate.com | 100% | – | – | View details | |
| springwise.com | 100% | – | #834,010 | View details | |
dsvc.org | dsvc.org | 100% | – | #5,702,996 | – |
bquarto.pt | bquarto.pt | 100% | – | #259,763 | – |
siamrealestate.com | siamrealestate.com | 66% | – | #546,619 | – |
Top companies in Online Travel
10 companies that operate in the same segment as Remote Year (Online Travel), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online bookings for flights, hotels, and travel packages are facilitated. | 2000 | Gurugram, Haryana, India | USD 39 M | USD 1.04 B | 5,120 | |
Online platform providing multiple travel booking services | 2007 | Gurugram, Haryana, India | USD 96.62 M | USD 130.88 M | 465 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
Multiple travel services are booked via an app-based platform. | 1999 | Miami, Florida, United States | USD 331.37 M | – | 5,191 | |
Multiple travel services are booked via an app-based platform. | 2012 | Jakarta, Jakarta, Indonesia | USD 1.02 B | USD 90.89 M | 3,164 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Bus tickets are booked online via portal and mobile app. | 2006 | Bengaluru, Karnataka, India | USD 10 M | – | – | |
Outdoor tours and activities are booked via an app-based platform. | 2009 | Berlin, Berlin, Germany | USD 877.51 M | – | 1,532 |
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
Related news about Remote Year
Complete news archive for Remote Year
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 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 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.
Yes. Remote Year was acquired by Selina in October 2020.