Fundz

RemotePass raised $5.5M in a Series A funding led by 212 VC and participated by investors from the US, Europe, and the Middle East.

PRIVATEMar 05, 2024

Amount Raised

$5.5 Million

Round Type

Series A

SoftwareHuman ResourcesSaaS

Investors

Flat6 LabsPlug & PlayWamda CapitalBeco CapitalSwiss Founders FundA15Access Bridge VenturesFlyer One VenturesOraseya CapitalKhwarizmi VenturesEndeavor Catalyst

Description

RemotePass, an HR and fintech platform, has secured $5.5 million in Series A funding led by 212 VC with participation from investors in the US, Europe, and the Middle East, including Endeavor Catalyst, Khwarizmi Ventures, Oraseya Capital, Flyer One Ventures, Access Bridge Ventures, A15, and Swiss Founders Fund. With this funding, RemotePass's total capital raised has surpassed $10 million, adding to previous investments from BECO Capital, Wamda Capital, Plug & Play, and Flat6Labs.

Quick answer

RemotePass raised $5.5 Million in a Series A round, dated March 5, 2024. Investors: Flat6 Labs, Plug & Play, Wamda Capital, Beco Capital, Swiss Founders Fund, A15, Access Bridge Ventures and Flyer One Ventures.

How much did RemotePass raise?
RemotePass raised $5.5 Million in a Series A round on March 5, 2024.
Who invested in RemotePass?
Flat6 Labs, Plug & Play, Wamda Capital, Beco Capital, Swiss Founders Fund, A15, Access Bridge Ventures and Flyer One Ventures are named as investors in this round.
What does RemotePass do?
RemotePass is an HR and fintech platform that helps companies onboard, manage, pay, and retain remote workers worldwide.
Who are the decision-makers at RemotePass?
Fundz holds 1 contact at RemotePass. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Human Resources and SaaS around the same time

Companies in the same sectors as RemotePass that raised within 45 days of this round, from Fundz verified event records.

  • Take2 AI raised $3M (Seed) on April 16, 2024.
  • Factorial Energy raised $80M (Series D) on April 11, 2024.
  • Umwelt.Ai raised $125K (Seed) on April 5, 2024.
  • PeopleForce raised $2M (Seed) on March 11, 2024.
  • PeopleForce raised $2M (Seed) on February 23, 2024.
  • BrightPlan Group raised $22M on February 9, 2024.

Who to call at RemotePass, and when

A new round usually means RemotePass is about to hire and buy. The teams that reach out first get the meeting.

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Company Information

Company

RemotePass

About

RemotePass is an HR and fintech platform that helps companies onboard, manage, pay, and retain remote workers worldwide. Founded by Kamal Reggad and Karim Nadi, RemotePass serves a range of clients, from startups to large enterprises like Spotify, Logitech, and Paymentology, helping them to hire full-time employees and contractors in over 150 countries.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

RemotePass raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.