HomeUSAOyster Receives $5M Investment from ServiceNow Ventures

Oyster Receives $5M Investment from ServiceNow Ventures

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Oyster

Oyster, a San Francisco, CA-based employment solution to employ, pay, and care for distributed teams, received a $5M investment from ServiceNow Ventures.

The company intends to use the funds to expand operations and its development efforts.

Founded in January 2020 by Tony Jamous and Jack Mardack, Oyster is a provider of a B Corp-certified global employment platform that empowers companies to hire, pay, and care for their global teams. It enables people-centric hiring anywhere in the world with reliable, compliant contracts, payroll, and great local benefits and perks

This funding followed Oyster’s recent Series D round, which valued the company at $1.2 Billion, and brings total capital raised to $291M.

FinSMEs

11/11/2024

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