Oyster

Oyster

Verified
Oyster, the global employment platform that enables companies to hire in 180+ countries quickly and compliantly. Learn more

Launch date
Employees
Market cap
-
Net debt
-
Enterprise valuation
$1.0b (Public information from Apr 2022)
Company register number 12550686
Charlotte North Carolina (HQ)
  • Edit
Get premium to view all results
DateInvestorsAmountRound
-investor investor investor investor

$0.0

round
investor investor investor investor

$0.0

round
investor investor investor

$0.0

round
investor investor investor investor

$0.0

Valuation: $0.0

round
investor investor

$0.0

round
*

$150m

Valuation: $1.0b

Series C
Total Funding000k

Recent News about Oyster

Edit
More about Oyster
Edit

OysterHR is a global employment platform that simplifies the process of hiring international talent for businesses. The company operates in the human resources and legal tech market, serving clients who are looking to expand their workforce across borders without the need to set up their own entities in foreign countries.

OysterHR's business model revolves around providing an automated solution for global hiring. It enables businesses to create compliant employment agreements, activate global payroll and benefits, and calculate employment costs instantly. This not only saves time but also ensures that businesses remain competitive in the global market by accessing deep local intelligence.

The company's services are particularly beneficial for businesses looking to fill new roles quickly and expand to new markets in a matter of days. OysterHR's platform is recognized as a leader in global employment platforms by G2, with a 90% customer satisfaction rate.

The company generates revenue by charging businesses for its services. The cost of using OysterHR is reportedly less than what it would cost for businesses to deliver the same service using external consultants, making it a cost-effective solution for global hiring.

In summary, OysterHR is a tech-enabled solution for businesses looking to hire internationally, providing a seamless and efficient process that ensures compliance and cost savings.

Keywords: Global Employment, International Hiring, Human Resources, Legal Tech, Compliance, Payroll, Benefits, Employment Agreements, Cost Savings, Market Expansion.

Tech stack

Group
Tech stackLearn more about the technologies and tools that this company uses.