RemotePass Secures $5.5M Series A for Saudi Market Expansion
- ByStartupStory | March 6, 2024
UAE-based HRtech startup RemotePass has secured $5.5 million in Series A funding, led by 212 VC, Endeavor Catalyst, Khwarizmi Ventures, Oraseya Capital, Flyer One Ventures, Access Bridge Ventures, A15, and Swiss Founders Fund, according to Wamda.
“The startup plans to use the new capital to enhance its expansion strategies in the Saudi market,” as stated by Wamda, “focusing on making its product more enterprise-ready and onboarding more companies in the region where it’s experiencing the most growth.”
Founded in 2020 by Kamal Reggad and Karim Nadi, RemotePass enables businesses to manage, onboard, and pay their employees without a local legal presence.
It caters to both startups and large enterprises like Logitech, facilitating hiring contractors and full-time employees in over 150 countries. RemotePass’s mobile app provides financial services.
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