A Bay Area startup just received a $300M funding round at a $3B valuation, triple its value from eight months ago.
San Francisco-based Remote Technologies Inc. helps businesses manage onboarding, payroll, benefits and other services for foreign workers that they hire, whether they are contractors or full-time employees. Remote solves those problems by becoming the employer of record for its customers' employees in every country where it operates.
This is a real estate podcast. You might be wondering what a tech startup in Silicon Valley has to do with real estate. Real estate is hyper local. Employment is generally hyper local, at least for certain types of work. But as the pandemic has shown, there is a large percentage of the economy that can be conducted remotely.
The company has customers in serving customers in 70 countries today and has a goal to be operating in 100 countries by the end of the year.
----------------
Host: Victor Menasce
email: podcast@victorjm.com