Oyster - About the company
Oyster is a series D company based in Charlotte (United States), founded in 2019 by Tony Jamous and . It operates as a Cloud-based remote employee HR and hiring platform. Oyster has raised $291M in funding from investors like ServiceNow, Emergence Capital and Silver Lake, with a current valuation of $1.2B. The company has 46 active competitors, including 11 funded and 3 that have exited. Its top competitors include companies like Deel, Multiplier and Globalization Partners.
Sectors and market segments that Oyster operate in
Oyster serves in the B2B, SaaS space.Company Details
Cloud-based remote employee HR and hiring platform. The product is a software-based employment platform that enables recruiters to hire full-time remote employees while also providing rewards and bonuses for motivation. It also provides compliance management tools. It enables job seekers to register on the platform and build a profile. It is a tool with a subscription-based pricing plan.
- Website
- Social
- Email ID
- @oysterhr.com
- Phone Number
- +1
Key Metrics
Founded Year
2019
Location
Charlotte, United States
Stage
Series D
Total Funding
in 7 rounds
Latest Funding Round
Post Money Valuation
as on Sep 04, 2024
Investors
Ranked
2nd among
Annual Revenue
as on Dec 31, 2021
Similar Companies
Deel &
Legal entities associated with Oyster
Oyster is associated with 2 legal entities given below:
Legal Entity Name | Date of incorporation | Revenue | Net Profit | Employee Count |
|---|---|---|---|---|
Feb 15, 2023 | - | 323 | 904 | |
Sep 09, 2020 | $4.73K (as on Dec 31, 2021) | 364 | 872 |
Get your free copy of Oyster's company profile
Oyster's funding and investors
Oyster has raised a total funding of $291M over 7 rounds. Its first funding round was on Apr 21, 2020. Its latest funding round was a Series D round on Nov 11, 2024 for $5M. 1 investor participated in its latest round, lead by ServiceNow.
Oyster has 24 institutional investors including ServiceNow, Emergence Capital and Silver Lake. Taavet Hinrikus is only Angel Investor in Oyster.
Here is the list of recent funding rounds of Oyster:
Date of funding | Funding Amount | Round Name | Post money valuation | Revenue multiple | Investors |
|---|---|---|---|---|---|
Nov 11, 2024 | $5M | Series D | - | - | |
Sep 04, 2024 | $59M | Series D | - | - | |
Apr 20, 2022 | $150M | Series C | $1B | - |
Access funding benchmarks and valuations. Sign up today!View details of Oyster's funding rounds and investors
Oyster's founders and board of directors
The founders of Oyster are Tony Jamous and . Tony Jamous is the CEO of Oyster. Tony Jamous has founded 1 more company - Nexmo.
View details of Oyster's Founder profiles and Board Members
Oyster's Competitors and alternates
Top competitors of Oyster include Deel, Multiplier and Globalization Partners. Here is the list of Top 10 competitors of Oyster, ranked by ÃØÃÜÑо¿Ëù score :
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Overall Rank | Company Details | Short Description | Total Funding | Investors | ÃØÃÜÑо¿Ëù Score |
|---|---|---|---|---|---|
1st |  Deel 2019, San Francisco (United States), Series D | Cloud-based HRMS suite solutions for enterprises | $686M | Global Founders Capital, Ìý&²¹³¾±è;Ìý | 80/100 |
2nd |  2019, Charlotte (United States), Series D | Cloud-based remote employee HR and hiring platform | $291M | Base10 Partners, SalesforceÌý&²¹³¾±è;Ìý | 66/100 |
3rd | Multiplier 2020, Singapore (Singapore), Series B | Cloud-based payroll and compliance platform provider | $77.2M | Peak XV Partners, Titan CapitalÌý&²¹³¾±è;Ìý | 65/100 |
4th | Globalization Partners 2012, Boston (United States), Late Stage | AI-based hiring platform for taxable & legal purpose enterprises | $350M | Harris Preston & Partners, TDR CapitalÌý&²¹³¾±è;Ìý | 64/100 |
5th |  Velocity Global 2014, Denver (United States), Series B | Cloud-based platform for HRMS for enterprises | $500M | FFL Partners, Norwest Venture PartnersÌý&²¹³¾±è;Ìý | 62/100 |
6th | Automated hiring, contract and payroll management solution for external workforce | $24.8M | Ìý&²¹³¾±è;Ìý | 53/100 | |
7th |  WorkMotion 2020, Berlin (Germany), Series B | Cloud-based platform for HRMS suite | $64M | Activant Capital, ResonanceÌý&²¹³¾±è;Ìý | 48/100 |
8th | HR technology services provider | - | - | 46/100 | |
9th |  TopSource Worldwide 2003, London (United Kingdom), Funding Raised | Provider of payroll management services | - | - | 43/100 |
10th |  Native Teams 2020, London (United Kingdom), Series A | Cloud-based networking platform for freelancers | $8.73M | Fil Rouge Capital, Begin CapitalÌý&²¹³¾±è;Ìý | 43/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Oyster's competitors? Click to see the top ones
Oyster's Investments and acquisitions
Oyster has made no investments or acquisitions yet.
Reports related to Oyster
Here is the latest report on Oyster's sector:
View
News related to Oyster
Media has covered Oyster for a total of 7 events in the last 1 year, 3 of them have been about company updates and 1 about partnerships.
•
•
•
•
Hrtechfeed•Oct 15, 2024•Oyster
•
Business Wire•Oct 15, 2024•Oyster
•
Silicon Valley Journals•Sep 05, 2024•Oyster, Silver Lake, Emergence Capital, Stripes and 7 others
•
Business Wire•May 22, 2024•Oyster
•
Business Wire•Nov 06, 2023•Oyster
•
TecHR Series•Oct 01, 2023•Oyster
•
Hrtechfeed•Aug 29, 2023•Oyster
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Our Lite Plan Awaits you - Its Free!
Sign up now to unlock full access to curated data
4M+ Companies- 212K+ Investors
- 580K+ Funding Rounds
- 207K+ Acquisitions
- 2.9K+ Sectors
- 57K+ Business Models
Are you a Founder ?
FAQ's about Oyster
Explore our recently published companies
- Dark Matter Aerospace - Arlington based, 2025 founded, Unfunded company
- Zylera - 2025 founded, Unfunded company
- Offerdigi - Italy based, 2024 founded, Unfunded company
- FlowProof - Mountain View based, 2024 founded, Unfunded company
- Meewiz - Annecy based, 2019 founded, Unfunded company
- Marche Healthcare - Viluppuram based, 2020 founded, Funding Raised company
