About Remote
Remote is a company based in Amsterdam (Netherlands) founded in 2019 by Job Van der Voort. Remote has raised $506.05 million across 4 funding rounds from investors including Accel, SoftBank Vision Fund and Sequoia Capital. The company has 749 employees as of April 07, 2024. Remote has completed 2 acquisitions, including Bravas and Easop. Remote operates in a competitive market with competitors including Workday, Kronos, Darwinbox, Sage Group and People Strong, among others.
- Headquarter Amsterdam, Netherlands
- Employees 749 as on 07 Apr, 2024
- Founders Job Van der Voort
- Stage Unicorn
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Sectors
Technology
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Email
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Phone
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Website
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Social
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- Legal Name Remote Infosystem Private Limited
- Date of Incorporation 03 Jun, 2020
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$33.43 M (USD)308.06as on Mar 31, 2023
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Net Profit
-$6.44 M (USD)-331.85as on Mar 31, 2023
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EBITDA
-$6.4 M (USD)-341.5as on Mar 31, 2023
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Total Equity Funding
$506.05 M (USD)
in 4 rounds
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Latest Funding Round
$310.05 M (USD), Series C
Apr 05, 2022
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Investors
Accel
& 19 more
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Employee Count
749
as on Apr 07, 2024
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Investments & Acquisitions
Bravas
& 1 more
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People of Remote
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Software Development Team
108 people
Sales and Marketing
61 people
Leadership Team
45 people
Senior Team
41 people
Payroll Team
29 people
Legal and Compliance
26 people
Operations Team
24 people
Finance and Accounting
19 people
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Funding Insights of Remote
Remote has successfully raised a total of $506.05M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $310.05 million completed in April 2022. 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 Remote
Remote has secured backing from 20 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Accel, SoftBank Vision Fund and Sequoia Capital.
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Accel is recognized as a leading venture capital firm.
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Sequoia Capital is engaged in venture capital investments.
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Early-stage investments in tech sectors are managed by the firm.
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Investor details for Remote
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Remote
Remote has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Bravas and Easop.
Investment portfolio details for Remote
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
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Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Asset management solutions are offered for SMBs and startups.
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Investment management services are provided by Easop to financial clients.
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Complete acquisition details for Remote
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Financial Statements - Remote
Detailed financials for Remote
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Remote Comparisons
Peer comparison for Remote
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- Named peers
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Competitors of Remote
Remote 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 Workday, Kronos, Darwinbox, Sage Group and People Strong, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Cloud-based HR and financial software is delivered to enterprises.
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HCM software solutions for enterprise workforce management are provided.
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Human capital management platform is provided for HR process automation.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based human resource management software is offered.
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Cloud-based payroll and HR solutions are provided for businesses.
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Detailed competitors of Remote
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- Full company profiles
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Latest news on Remote
Complete news archive for Remote
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Frequently Asked Questions about Remote
Remote was founded in 2019 and raised its 1st funding round 1 year after it was founded.
Remote is headquartered in Amsterdam, Netherlands.
Job Van der Voort is the current CEO of Remote. They have also founded this company.
Remote is a funded company, having raised a total of $506.05M across 4 funding rounds to date.
As of Apr 07, 2024, the latest employee count at Remote is 749.
Annual revenue of Remote is $33.43M as on Mar 31, 2023.
Remote was founded in 2019 and is headquartered in Amsterdam, Netherlands. The company operates in the HR software sector, providing a cloud-based platform tailored for distributed teams. Services include contractor management, employment processing, payroll handling, IP protection, and security compliance features. Access to the platform is structured through a subscription-based pricing model.
Remote's top competitors include Workday, SuccessFactors and Sage Group.
Remote has 20 investors. Key investors include Accel, SoftBank Vision Fund, Sequoia Capital, Two Sigma Ventures, and Index Ventures.
The valuation of Remote is $3B as of Apr 2022.