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REMOTE
Remote
HR tech / global payroll and employer-of-record platform · San Francisco, California · United States · Founded · 2019 · ≈ · 500 · employees

Remote Valuation: $3B After the Apr 2022 SoftBank-backed round

Private

Remote was last valued at $3B (post-money). It comes from the $300M SoftBank-backed round of Apr 2022. The company is private, so there is no listed share price.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Remote valuation · at a glance
Last valuation
$3B
POST-MONEY
Lead investors
4
across 4 rounds
Raised across rounds
$496M
4 rounds
Date of last round
Apr 2022
closed 5 Apr 2022
Valuation history

How the Remote valuation has moved

2 valuations. The latest, $3B post-money, was set by the SoftBank-backed round in Apr 2022.

$3B
Jul 2021
$1B
Unicorn round · post-money
Apr 2022
$3BLATEST
SoftBank-backed round · post-money
+200% vs prior valuation
Latest valuation
$3Bpost-money
Set by the SoftBank-backed round · 5 Apr 2022
×3.0since the $1B Unicorn round in Jul 2021
Valuations
2
Priced rounds with a valuation
Event type
Primary round
The SoftBank-backed round · $300M raised
Undated: Seed at —; Series A at —.
Funding rounds

Remote rounds and the valuation each one set

4 rounds
Round
Date
Amount
Valuation
Basis
SoftBank-backed round LATEST
5 Apr 2022
$300M
$3B
POST-MONEY
Unicorn round
13 Jul 2021
$150M
$1B
POST-MONEY
Seed
—
$11M
—
—
Series A
—
$35M
—
—
Lead investors
Leads: Accel, Index Ventures, SoftBank, Two Sigma Ventures.
Full funding history — Remote profile ›
What the valuation means

What the $3B actually measures

A private valuation is the price agreed in one transaction. The Remote valuation of $3B is a post-money figure from the SoftBank-backed round dated 5 Apr 2022 — the whole company measured after the $300M raised in that round was already inside it. Subtract the round and the pre-money view of the same deal is $2.7B .

The valuation holds until the next priced round or secondary sale. A private company founded in 2019 with roughly 500 people has no daily price and no order book between rounds.

Where the $3B comes from
EventSoftBank-backed round, dated 5 Apr 2022
Basispost-money
Round size$300M
LeadSoftBank

Frequently asked questions

What is Remote's valuation?›

The last valuation is $3B.

Who has invested in Remote?›

Lead investors for each round are in the funding timeline.

Who are Remote's competitors?›

The closest hr tech / global payroll and employer-of-record platform peers are on the competitors page.

How can I get exposure to Remote?›

The routes section explains what is realistically available for a company at this stage.

Is Remote publicly traded?›

No. Remote is a private company; its shares do not trade on a public exchange.

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