RemotePass, the HR & Fintech platform shaking up how companies hire globally, has secured $5.5 million in oversubscribed Series A funding. 212 VC led this round, attracting investors from the US, Europe, and the Middle East.Names like Endeavor Catalyst, Khwarizmi Ventures, and Wamda Capital join the list, pushing RemotePass’s total funding past the $10 million mark.
Why the excitement? RemotePass disrupts traditional hiring with its unique platform, connecting companies hungry for talent with top candidates from emerging markets around the globe. Companies can now easily onboard, pay, and manage full-time employees and contractors in over 150 countries, even where they lack a local presence.
Founded by Kamal Reggad and Karim Nadi, RemotePass serves a wide range of clients – from nimble startups to giants like Spotify and Logitech. Its secret weapon is a comprehensive suite of services, including EoR solutions and even relocation support.
RemotePass wasn’t always an HR powerhouse. Founded in 2019 as a travel SaaS platform, the company pivoted during the pandemic, seizing the explosion of remote work. This paid off with stellar 35% month-over-month growth, driven largely by wowed clients spreading the word.
