Remote Technology, Inc. Due Diligence
Run due diligence on Remote Technology, Inc.: check compliance and get alerts when suppliers change.
United States · remote.com · 6 vendors
Remote Technology, Inc. is an all-in-one HR and payroll platform that enables companies to find, hire, manage, and pay their entire team globally. It provides services such as HRIS, payroll, international employment, and contractor management, ensuring compliance with local regulations. The company's mission is to create opportunity everywhere by empowering employers to hire the best talent regardless of location.
Resilience scores
- Digital Sovereignty: 100
- Digital Resilience: 8
- Financial Resilience: 7
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Services catalogue
4 services in catalogue across 2 categories; runs on 6 sub-vendors.
- Remote Domain Verification
- Global HR Platform
- Employer of Record
Insights
Last updated 2026-08-11 · revision 1
6 direct vendors, 98 subvendors
Direct vendors by controlling owner country (sample)
- United States: 6
Subvendors by controlling owner country (sample)
- United States: 70
- Switzerland: 1
- Japan: 2
Compliance
8 in-scope frameworks identified; showing 3.
GDPR (source) — Evidence found
Evidence: https://trust.remote.com/, https://remote.com/why-remote/security-compliance, https://remote.com/privacy-policy
NIS2 (source) — No public evidence
Evidence: https://trust.remote.com/, https://remote.com/why-remote/security-compliance, https://remote.com/about
ISAE 3000 (source) — No public evidence
Evidence: https://trust.remote.com/, https://remote.com/why-remote/security-compliance
Financials
Three-year financials
- 2023: revenue $300M
- 2022: revenue $150M
- 2021: revenue $35M
Financial Resilience Score: 7/10
Remote Technology, Inc. demonstrates strong financial resilience despite being a private company with limited public financial disclosure. The company has shown exceptional revenue growth, scaling from approximately $30M ARR in 2021 to a reported $300M ARR in 2023, representing roughly 10x growth over two years. This rapid expansion is supported by nearly $500M in equity capital raised across seed through Series C rounds, with a peak valuation of $3B at the April 2022 Series C led by SoftBank Vision Fund 2. The investor base includes blue-chip firms such as Accel, Sequoia, Base10, General Catalyst, and Two Sigma Ventures, providing long-duration capital support. The company's owned-entity model across 80+ countries provides a competitive moat and scaling economics that lighter-weight competitors cannot match. CEO Job van der Voort has publicly stated Remote reached cash-flow break-even/positive in parts of the business in 2023-2024, though absolute operating profit numbers remain undisclosed. The subscription-based recurring revenue model with high gross retention in the EOR category, combined with a diversified blue-chip customer base including GitLab, DoorDash, HelloFresh, Anthropic, and Datadog, reduces single-customer concentration risk. However, resilience is tempered by significant risks including intense competition from Deel (valued at ~$12B+), regulatory pressure on EOR business models in multiple jurisdictions, macro sensitivity to tech/startup customers who contracted global hiring in 2023-2024, and potential down-round risk given the 2022 $3B valuation was set at peak tech multiples. A ~5% layoff in early 2023 signals cost discipline but also market headwinds.
Key strengths: ~$496M+ in total equity capital raised across funding rounds, 10x ARR growth from ~$30M to ~$300M in approximately two years, Owned legal entities in 80+ countries providing competitive moat, Blue-chip diversified customer base (GitLab, DoorDash, Anthropic, Datadog, Heineken), Long-duration capital from tier-1 investors (Accel, Sequoia, SoftBank, General Catalyst), SOC 2 Type 2 and ISO 27001 certifications supporting enterprise sales, Reported cash-flow break-even/positive in parts of business in 2023-2024, Recurring subscription revenue with high gross retention
Risk factors: Financial opacity as private company with no audited public financials, Intense competition from Deel (~$12B+ valuation) and Rippling, Papaya, Oyster, Ongoing legal disputes with Deel (2024-2025), Regulatory tightening of EOR rules in Germany, UAE, Australia, Customer base skews to tech/startups which contracted hiring in 2023-2024, Down-round risk given 2022 $3B valuation at peak tech multiples, FX and working-capital risk from operating payroll in 80+ currencies, ~5% workforce reduction in early 2023 signals market headwinds
Revenue by geography
- North America: 55%
- EMEA: 35%
- Rest of World: 10%
Revenue by product/service
- Employer of Record (EOR): 75%
- Global Payroll: 12%
- Contractor Management / Contractor of Record: 8%
- US PEO and Adjacent Services: 5%
Workforce by country
- Total (distributed across 80+ countries): 1400
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