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Remofirst Secures $25M to Challenge HR Titans

Remofirst with a recent $25 million in Series A funding, Remofirst proves itself a formidable player in the field
March 7, 2024

Enter the realm of HR tech innovation where giants like Deel and Rippling have long dominated the landscape. But amidst these towering figures emerges Remofirst, a resilient David securing a $25 million Series A funding round. With promises of revolutionizing global hiring processes, Remofirst stands poised to challenge the status quo.

In the fast-paced world of HR tech startups, Remofirst is making waves. Founded by a team of visionary entrepreneurs, this burgeoning startup is reshaping the way businesses hire talent across borders. With $25 million in Series A funding secured, Remofirst is positioned as a formidable player in the industry.

Remofirst's innovative approach lies in its role as an Employer of Record, streamlining the hiring process for companies worldwide. By assuming responsibility for payroll, taxes, compliance, and more, Remofirst alleviates the burden on businesses while ensuring seamless operations. CEO and co-founder Nurasyl Serik emphasizes the company's commitment to providing affordable solutions, with fees starting at $199 per month for employees and $25 per month for contractors.

Despite competing against industry giants with significant funding, Remofirst stands out for its affordability and accessibility. The company's disruptive model has attracted a loyal customer base, including renowned names like Zocdoc, World Health Organization, and Mastercard. With thousands of customers already onboard, Remofirst is poised for exponential growth.

Octopus Ventures, a leading European VC firm, recognizes Remofirst's potential to democratize HR services. Principal Nick Sando commends the company for offering exceptional service at a more affordable price, making its solutions accessible to a broader range of companies.

As Remofirst charts its course forward, the possibilities are endless. With plans to expand its international presence and serve a diverse clientele, the company is poised to transform the global HR landscape. With innovation at its core and a commitment to affordability, Remofirst stands as a beacon of change in the competitive world of HR tech.

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