The round was led by Index Ventures and joined by Sequoia Capital, with additional participation from angel investors including Aaron Levie, Zach Weinberg, and Kevin and Julia Hartz. Previous investors General Catalyst and Two Sigma Ventures are also participating. This funding empowers Remote to further its position as the industry's most compliant and competitive solution helping companies of all sizes employ global teams. Remote has raised $46 million to date.

Since its public launch earlier this year and its $11 million seed funding round in April, Remote has been approached by thousands of companies seeking to take advantage of its unique employment model and global network of legal entities, including customers GitLab, Loom, Cargo One, Whereby and Phaidra. Remote has doubled its customer base every month since the start of the year.

Remote is the world's first self-serve platform for global payroll, tax, benefits and compliance. Remote enables companies to employ anyone anywhere in the world in minutes through the Remote platform. Founded in 2019 by Job van der Voort (former VP of Product at GitLab) and Marcelo Lebre (former VP of Engineering at Unbabel), Remote is a fully distributed company with employees based in several different countries.