Remofirst, a San Francisco, CA-based HR solution company for employing talent worldwide, raised $25M in Series A funding.
The round was led by Octopus Ventures, with participation by existing investors QED, Mouro Capital and Counterpart Ventures.
The company intends to use the funds to offer new products and services, and add key new executives.
Co-founded by Nurasyl Serik and Volodymyr Fedoriv, Remofirst provides an HR tech platform that enables organizations to pay, manage, and onboard full-time employees and contractors, with its solution that manages a global workforce in one place. The solution leverages local in-country legal experts to ensure that its contracts are compliant in all locations, avoiding misclassification risks.
Founded in 2021, Remofirst now has thousands of customers (Zocdoc, World Health Organization, Mastercard and more), and has grown its revenues by 10X since its seed round funding in early 2022.
Prior to its Series A round, the company raised $14.1M in Seed funding in 2022.
FinSMEs
06/03/2024