Remote

Emerging#14 in HR Tech

Global employer-of-record platform for compliant international hiring in 180+ countries; $550M+ raised at $3B valuation competing with Deel and Rippling for remote-work international employment infrastructure.

Global Employment
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Updated March 2026

Company Overview

About Remote

Remote is a San Francisco-based global employment platform enabling companies to hire, manage, and pay international employees and contractors compliantly — without establishing legal entities in each foreign country — by acting as the employer of record (EOR) that employs workers locally on behalf of client companies across 180+ countries. Founded in 2019 by Job van der Voort and Marcelo Lebre and backed by Accel, Index Ventures, and SoftBank Vision Fund 2 with $550+ million raised at a $3 billion valuation, Remote serves companies from Series A startups to Fortune 500 enterprises managing global teams.

Business Model & Competitive Advantage

Remote's employer of record model provides the legal and operational infrastructure for compliant international employment: Remote's local entities in each country employ the worker locally (handling employment contracts under local law, payroll in local currency, statutory benefits, tax withholding, and termination compliance), while the client company manages the worker's day-to-day activities and compensation policy through Remote's platform. This enables companies to hire the best talent globally without the 6-12 month timeline and $50,000+ cost of setting up a foreign subsidiary for each new country.

Competitive Landscape 2025–2026

In 2025, Remote competes in the global employment and employer of record market with Deel (the largest EOR/global payroll platform, $12 billion valuation), Rippling (global HR and IT platform, $13.4 billion valuation), and Papaya Global for international employment infrastructure. The EOR market has grown dramatically with the remote work normalization — companies that went fully remote in 2020 discovered they could hire globally and have maintained distributed teams. The Remote vs. Deel competitive battle is intense — both raised large rounds, expanded country coverage, and have built adjacent products (payroll, HR, equity management) to avoid commoditization of the core EOR product. The 2025 strategy focuses on growing the enterprise account segment, expanding the HR platform features (performance management, learning management), and building the global equity management that enables companies to grant stock options cross-border.

Revenue
$550M
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Key Differentiators

Emerging Innovator

Remote is an emerging player bringing innovative solutions to the HR Tech market.

Growth Stage

Remote has achieved $550M in revenue, demonstrating strong product-market fit.

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