Remote and Carta Collaborate to Launch Remote Equity for Global Talent

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The startup has raised $300 million, funding that it will be using to continue building out the tools that it provides to its customers and to expand its technology and services to more geographies. The company says that the number of employees processed through the Remote platform grew by 900% in the last year, with revenues up 13x in the same period (we have asked and the company does not disclose actual revenues or other specific numbers). This Series C values Remote at over $3 billion. As for its footprint, currently, Remote says it provides services to “over 60” countries, but Job van der Voort, the CEO who co-founded Remote with Marcelo Lebre (COO and CTO), said that the aim to expand that to 100 this year, ultimately serving 140 countries. Notably, Papaya Global made an acquisition of Azimo the other week specifically to bring money transfer services into its own fold — a feature that Van der Voort noted Remote already had in its stack.