The round was led by Emergence Capital, less than a year after raising a $4.2M seed round. Spurred by the rapid acceleration of distributed working during the pandemic, Oyster has grown quickly by enabling companies to manage growing and geographically distributed workforces in over 100 countries.

Renowned SaaS investor Jason Green, who has led funding for Zoom, Salesforce, Bill.com, and others, is the lead investor. Additional investors include the Slack Fund and Connect Ventures. The investment will accelerate Oyster's rapid growth and support its mission of enabling people to work from anywhere.

Oyster is the HR platform for globally distributed companies. It lets growing companies give valued international team members the experience they deserve, without the usual headaches or the expense. Oyster enables hiring anywhere in the world, with reliable, compliant payroll, and great local benefits and perks. Founded in 2019 by Tony Jamous and Jack Mardack, Oyster is itself a fully remote company with a diverse, globally-distributed team.