Oyster®, the company that makes hiring talented people around the world compliant, human, and delightful, today announced it has raised a $50 million Series B funding round, led by Stripes with the continued participation of existing investors Emergence Capital and The Slack Fund and with the addition of Avid Ventures.

Oyster is the HR platform for globally distributed companies. It enables growing companies to give valued international team members the experience they deserve, without the usual headaches or expense. Oyster empowers hiring anywhere in the world with reliable, compliant payroll and great local benefits and perks. Founded in Jan 2020 by Tony Jamous and Jack Mardack, Oyster is itself a fully remote company with a diverse, globally distributed team.