• Marketplace
  • Resources
  • Business Directory
  • Events
  • Advertise
  • Brand Pulse
  • Publish a Press Release
  • Get the Newsletter
  • Contact
  • About Us
The FUTURE OF WORK® since 2003
Allwork.Space
No Result
View All Result
Subscribe
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
  • More
    • Columnists
      • Dr. Gleb Tsipursky – The Office Whisperer
      • Nirit Cohen – WorkFutures
      • Angela Howard – Culture Expert
      • Drew Jones – Design & Innovation
      • Jonathan Price – CRE & Flex Expert
    • Get the Newsletter
    • Events
    • Advertise With Us
    • Publish a Press Release
    • Brand PulseNew
    • Partner Portal
  • Latest News
  • Business
  • Leadership
  • Work-life
  • Career Growth
  • Tech
  • Design
  • Workforce
  • Coworking
  • CRE
  • Podcast
No Result
View All Result
Subscribe
Allwork.Space
No Result
View All Result
Advertisements
Kube Suite - TL
Home News Tech

Remote’s $3bn Valuation Suggests Distributed Work is Here to Stay

Remote, a payroll and HR platform for distributed teams, has reached a $3 billion valuation after raising a further $300 million, adding further weight to the theory that remote work is here to stay.

Jo MeunierbyJo Meunier
April 5, 2022
in Tech
Reading Time: 2 mins read
A A
Remote 3bn Valuation Suggests Distributed Work is Here to Stay

More stories for you

Burberry Slashes 20% of Workforce as Tariffs Tear Into Profits

Burberry Slashes 20% of Workforce as Tariffs Tear Into Profits

2 days ago
U.S. Federal Report Finds RTO Fails When Compared To Remote Work

U.S. Federal Report Finds RTO Fails When Compared To Remote Work

2 days ago
Klarna Cuts 40% Of Jobs As AI Starts Relacing Human Roles

Klarna Cuts 40% Of Jobs As AI Starts Replacing Human Roles

3 days ago
Nissan Axes 11,000 More Jobs As Automotive Industry Remains Stuck In Reverse

Nissan Axes 11,000 More Jobs As Automotive Industry Remains Stuck In Reverse

3 days ago

Remote, which offers payroll, compliance, and HR services for distributed companies, has announced yet another big round of funding. The startup has raised a further $300 million, which comes less than one year after it raised $150 million from its Series B round. 

This Series C values Remote at over $3 billion. 

Advertisements
Nexudus - Tech Stack Lovers

SoftBank Vision Fund 2 is leading the round, and the funding will be using to continue building out the tools that it provides to its customers. It will also seek to expand its technology and services to more geographical locations.  

Remote, now a major player in the world of HR and distributed workforces, has benefited from the shift to home-based and remote work over the past two years. The company reported that its platform grew by 900% in the last year, with revenues up 13x in the same period. 

Advertisements
Yardi Kube automates flex and coworking operations

It’s widely believed that hybrid and remote work will continue to be a major part of the future of work, and if Remote’s funding performance is anything to go by, the world’s adoption of work-from-anywhere isn’t going away anytime soon. 

“The power dynamics have completely changed between employers and employees,” Remote CEO Job van der Voort said in an interview. “We only see this accelerating. If there were a slow down in that trend, maybe we couldn’t have raised this much.” 

Source: TechCrunch
Tags: BusinessRemote WorkTechnology
Share5Tweet3Share1
Jo Meunier

Jo Meunier

Jo is Allwork.Space's Senior Editor for the UK and Europe. Jo has worked within business centre and coworking circles since 2009, researching and contributing written features for numerous industry publications. She reports on the latest market news and delves into local issues with one main objective: to champion the flexible workspace industry and its members.

Other Stories Recommended For You

Burberry Slashes 20% of Workforce as Tariffs Tear Into Profits
News

Burberry Slashes 20% of Workforce as Tariffs Tear Into Profits

byAllwork.Space News Team
2 days ago

Luxury fashion brand Burberry is preparing to cut up to 1,700 jobs worldwide as it contends with declining profits and...

Read more
U.S. Federal Report Finds RTO Fails When Compared To Remote Work

U.S. Federal Report Finds RTO Fails When Compared To Remote Work

2 days ago
Klarna Cuts 40% Of Jobs As AI Starts Relacing Human Roles

Klarna Cuts 40% Of Jobs As AI Starts Replacing Human Roles

3 days ago
Nissan Axes 11,000 More Jobs As Automotive Industry Remains Stuck In Reverse

Nissan Axes 11,000 More Jobs As Automotive Industry Remains Stuck In Reverse

3 days ago
Advertisements
Maximize Flexible Space Revenue
Advertisements
Disaster Avoidance Experts

Unlock your competitive edge in tomorrow's workplace.

Join a community of forward-thinking professionals who get exclusive access to the latest news, trends, and innovations that are shaping the future of work.

©2024 Allwork.Space News Corporation. All Rights Reserved.

Exploring the Future Of Work® since 2003.

Advertise   Newsletters   Privacy Policy   Terms Of Use   About Us   Contact   Submit a Press Release   Brand Pulse   Podcast   Events   

No Result
View All Result
  • Home
  • Latest News
  • Topics
    • Business
    • Leadership
    • Work-life
    • Workforce
    • Career Growth
    • Design
    • Tech
    • Coworking
    • Marketing
    • CRE
  • Podcast
  • Events
  • About Us
  • Solutions
    • Advertise | Media Kit
    • Publish a Press Release
    • Brand Pulse
Subscribe

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
-
00:00
00:00

Queue

Update Required Flash plugin
-
00:00
00:00