5 years ago

Oyster Secures $20M Series A Funding to Accelerate Rapid Growth

  • Oyster, a provider of HR platforms for globally distributed companies, has raised $20M in Series A funding led by Emergence Capital, with participation from the Slack Fund and Connect Ventures

  • The company plans to use the funds to accelerate rapid growth.

    • ProblemTechnology

      "Oyster is addressing the challenge of managing globally distributed workforces by offering a SaaS HR platform that simplifies international hiring, onboarding, payroll, and benefits management for companies."

      Solution

      "Oyster's platform provides a comprehensive solution for companies to efficiently manage their international employees and contractors, removing the complexity of dealing with local payroll and employment regulations."

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