Skuad

Singapore, Singapore Founded: 2019 • Age: 7 yrs Acquired By Payoneer
Global HR platform automates remote payroll and compliance worldwide.
Annual revenue $1.2M Latest available
Total funding $19.0M 2 rounds
Employees 282 Tracked headcount
Investors 9 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Skuad

Skuad is a company based in Singapore (Singapore) founded in 2019 was acquired by Payoneer in August 2024. Skuad has raised $19 million across 2 funding rounds from investors including Payoneer, Rapyd and Anthemis Group. The company has 282 employees as of March 29, 2024. Skuad operates in a competitive market with competitors including Remote, Connecteam, Remofirst, Chekhub and RemoteBridge, among others.

  • Headquarter Singapore, Singapore
  • Employees 282 as on 29 Mar, 2024
  • Sectors
    Technology
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Skuad Lab India Private Limited
  • Date of Incorporation 31 Jan, 2020
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Technology → Enterprise Software & Productivity Solutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.2 M (USD)
    -44.88
    as on Mar 31, 2023
  • Net Profit
    -$57.81 K (USD)
    -171.43
    as on Mar 31, 2023
  • EBITDA
    $56.21 K (USD)
    -72.02
    as on Mar 31, 2023
  • Total Equity Funding
    $19 M (USD)

    in 2 rounds

  • Latest Funding Round
    $15 M (USD), Series A

    Apr 13, 2022

  • Investors
    Payoneer

    & 8 more

  • Employee Count
    282

    as on Mar 29, 2024

  • Acquired by
    Payoneer

    (Aug 07, 2024)

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People of Skuad

Headcount 50-200
Employee Profiles 36
Employee Profiles
People
Ram Lichtman
VP, Sales - Americas
People
Stavros Theocharis
Head Of Legal Ops - EMEA & Latam
People
Ganesh K
Digital Marketing Manager
People
Paridhi Singhal
Director of Customer Growth

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Funding Insights of Skuad

Skuad has successfully raised a total of $19M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $15 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 Skuad

Skuad has secured backing from 9 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Payoneer, Rapyd and Anthemis Group.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Early-stage venture capital fund
Locked Locked Locked
Early and growth-stage startups are funded by Anthemis Group.
Locked Locked Locked
Venture capital firm focused on multiple sectors
Locked Locked Locked
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Investor details for Skuad

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  • Investor domains
  • Investor locations
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Investments & Acquisitions by Skuad

Investments
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Investment portfolio details for Skuad

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Financial Statements - Skuad

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Detailed financials for Skuad

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Skuad Comparisons

Skuad Primary company
Description
Global HR platform automates remote payroll and compliance w...
Location
Singapore, Singapore
Founded Year
2019
Annual Revenue
$1.2 M (USD)
Net Profit
-$57.81 K (USD)
EBITDA
$56.21 K (USD)
Employees
282
As of 2024
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Peer comparison for Skuad

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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Competitors of Skuad

Skuad 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 Remote, Connecteam, Remofirst, Chekhub and RemoteBridge, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cloud-based HR software is offered for distributed teams.
Locked Locked Locked
White-label mobile apps for employee engagement are provided to organizations.
Locked Locked Locked
Cloud-based HRMS platform is offered for remote teams.
Locked Locked Locked
Cloud-based business management software is provided by Chekhub.
Locked Locked Locked
Virtual onboarding solutions are offered for metaverse enterprises.
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Detailed competitors of Skuad

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Latest news on Skuad

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Complete news archive for Skuad

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Frequently Asked Questions about Skuad

Skuad was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Skuad is headquartered in Singapore, Singapore.

Skuad is a funded company, having raised a total of $19M across 2 funding rounds to date.

As of Mar 29, 2024, the latest employee count at Skuad is 282.

Annual revenue of Skuad is $1.2M as on Mar 31, 2023.

Skuad is a global human resource platform that automates payroll management, local compliance, and taxation of your employees. It makes remote employment possible in 160-plus countries worldwide. The company helps employers build and pay their remote workforce, seamlessly, without needing to set up local entities. They make hiring and paying full-time employees and contractors seamless. Its headquarters is in Singapore, Central Singapore. Sundeep Sahi is the Co-Founder CEO of Skuad. The company has raised a total of dollar 4 million in funding. It has 100 plus employees working in the organization.

Skuad's top competitors include Remote, Connecteam and Remofirst.

Skuad has 9 investors. Key investors include Payoneer, Rapyd, Anthemis Group, Mindlance, and Beenext.

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