COMPANY INFO
RemoFirst, Inc. was founded in 2021 by Nurasyl Serik and Volodymyr Fedoriv. It is a privately held technology company headquartered in San Francisco, California, with approximately 140 employees. RemoFirst operates in the Business/Productivity Software industry, providing a global human resource management platform that enables companies to legally employ and manage remote talent worldwide with features like payroll, compliance, and benefits administration. The company's mission is to empower employers to access talent without geographical boundaries, simplifying global team building and remote workforce management. Their website is https://www.remofirst.com.
RemoFirst is a technology company founded in 2021 by Nurasyl Serik and Volodymyr Fedoriv. Headquartered in San Francisco, California, RemoFirst operates in the Business/Productivity Software sector and serves the global human resources market. The company offers a comprehensive HR platform enabling organizations to employ and manage remote talent worldwide, handling everything from payroll and compliance to benefits administration. With a mission to simplify global hiring and empower businesses to access talent across borders, RemoFirst is making remote workforce management seamless for teams of all sizes.
RemoFirst funding has been strategic and growth-oriented since its inception. The company has raised a total of $39.4 million over 3 rounds, attracting prominent investors who believe in the company's vision of redefining global employment. Notable funding milestones include a significant seed round in early 2022 and a robust Series A round in 2024, which have enabled RemoFirst to expand its services, enhance its technology, and establish itself as a leader in remote workforce solutions. The RemoFirst funding rounds reflect a clear focus on product innovation, global scale, and customer acquisition, establishing strong foundations for long-term growth.
This Series A round was led by Octopus Ventures, with continued participation from previous investors. The funds are being used to scale RemoFirst’s global team, introduce new services, and expand the company’s capabilities in global workforce management.
The seed round, co-led by Mouro Capital and QED Investors, with support from Counterpart Ventures, provided RemoFirst the capital needed to develop its core HR technology and make Employer of Record (EOR) solutions more affordable and accessible.
While details about a prior round are not listed here, RemoFirst’s funding history includes earlier capital infusions—allowing the company to reach key product development milestones and establish early traction in the HR tech market.
QED Investors is a leading venture capital firm specializing in fintech and technology startups. As a key investor in RemoFirst funding rounds, QED has provided not only capital but also strategic guidance and industry expertise.
Octopus Ventures is one of Europe’s largest and most active venture capital firms. Leading RemoFirst’s Series A round, Octopus Ventures has played a significant role in driving the company’s global expansion and technological innovation.
A venture capital fund investing in early to growth-stage fintech companies, Mouro Capital co-led RemoFirst’s seed round, supporting its mission to make EOR solutions accessible and scalable for global businesses.
Counterpart Ventures invests in fast-growing technology firms. As a participating investor in RemoFirst funding rounds, they have contributed both capital and operational support to help fuel RemoFirst’s journey.
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