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."