UAE-based HRtech RemotePass has successfully secured $5.5 million in a Series A funding round. Spearheaded by Istanbul-based 212 VC and supported by multiple investors including Endeavor UAE, Khwarizmi Ventures, Oraseya Capital, Flyer One Ventures, Access Bridge Ventures, A15, and the Swiss Founders Fund, the funding marks a pivotal moment for the company’s expansion plans.
Expressing enthusiasm about the funding, RemotePass conveyed, “This fresh injection fuels our mission to revolutionize remote work for companies, and talent globally.” The startup is poised to utilize the funding to enhance its platform with innovative features and to forge strategic partnerships and integrations aimed at optimizing HR management processes.
RemotePass is committed to addressing the global onboarding needs of businesses, offering comprehensive solutions for hiring contractors and full-time employees across more than 150 countries. With a promise to streamline the intricate process of onboarding employees overseas, the platform extends its services to locations where companies lack a legal presence.
By leveraging the new capital infusion, RemotePass aims not only to refine its existing offerings but also to expand into new markets, crafting localized solutions to meet the evolving demands of a global workforce. With a focus on efficiency and innovation, RemotePass is poised to redefine the dynamics of remote work and HR management on a global scale.
