Oyster operates as a global employment platform. It helps employers to find, hire, pay, manage, and develop a distributed workforce. It offers global contractor management, global payroll software, global compensation and benefits, global equity, and more. It facilitates cross-border employment easing access to a great remote job. It was founded in 2020 and is based in Charlotte, North Carolina.
ESPs containing Oyster
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The global payroll market is a space that provides payroll processing and management services to organizations worldwide. It encompasses software solutions, outsourcing services, and consulting firms specializing in payroll functions. The market is driven by the increasing complexity of payroll regulations and the need for organizations to ensure compliance and accuracy in paying their employees. …
Research containing Oyster
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Oyster in 9 CB Insights research briefs, most recently on Aug 10, 2023.
Expert Collections containing Oyster
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Oyster is included in 4 Expert Collections, including HR Tech.
The HR tech collection includes software vendors that enable companies to develop, hire, manage, and pay their workforces. Focus areas include benefits, compensation, engagement, EORs & PEOs, HRIS & HRMS, learning & development, payroll, talent acquisition, and talent management.
Unicorns- Billion Dollar Startups
Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Oyster has filed 15 patents.
Amines, Stimulants, Piperidines, Muscarinic antagonists, Phenols
Amines, Stimulants, Piperidines, Muscarinic antagonists, Phenols
Latest Oyster News
Nov 6, 2023
Exclusive: Oyster makes its global hiring platform accessible to anyone SHARE Oyster HR Inc. , the developer of a platform for hiring talent across the globe, today is making its software available as an embedded function and accessible through an application programming interface. It’s also announcing integrations with Zapier Inc.’s application integration platform, Personio SE & Co. KG’s human resources software suite and Salesforce Inc.’s Slack collaboration platform. Oyster simplifies the time and paperwork involved with hiring and employing people in multiple countries. It recruits and hires according to a client’s specifications, handles all the ministries of paperwork and ensures compliance with local regulations and practices. The company primarily does business with technology firms. The platform fills a need that Chief Operating Officer Mark Frein said few of its clients want to tackle on their own. “The customers, generally speaking, haven’t wanted to get into this business at all,” he said. “If I’m a 100-person startup in Austin, I don’t want to think about the legalities of hiring in Portugal or the Philippines. They seek an employer like ours to offload the details.” Oyster does business in 180 countries and employs about 6,000 contractors on behalf of more than 1,100 clients. Oyster Embedded lets recruiting firms and human resources organizations access Oyster’s hiring, payroll and rewards software from within their own applications. They can use no-code, customizable webflows to integrate with the look and feel of their platforms with pre-populated data. The Oyster API provides an additional level of customization by making it possible for partners to tailor functionality to their needs. For example, they can move data from Oyster to an internal human resource information system, send payroll data to a preferred payment processor and automate workflows for uses such as expense reporting and vacation tracking. “The API is completely headless,” said Senior Product Director Matteo Bordin. “The look and feel can be customized to match what our partners are doing.” Embedding is less costly, he said, but also less flexible. Co-founded by Lebanese refugee Tony Jamous, Oyster has built altruism into its culture, Frein said. “Deep in our DNA is making it possible for people all over the world to find talent in the tech sector,” he said. “We’re all about making sure people all over the world have the opportunity to work for the tech sector. That’s about ensuring as many companies as possible have the tools and the workflows.” Customers who adopt either the embedded or API option become Oyster customers at the published rate of $29 per month for managing contractors and $499 per month for full-time employees. The company has raised $224 million in venture funding.
Oyster Frequently Asked Questions (FAQ)
When was Oyster founded?
Oyster was founded in 2020.
Where is Oyster's headquarters?
Oyster's headquarters is located at 307 West Tremont Avenue, Charlotte.
What is Oyster's latest funding round?
Oyster's latest funding round is Series C.
How much did Oyster raise?
Oyster raised a total of $224.2M.
Who are the investors of Oyster?
Investors of Oyster include Slack Fund, Emergence Capital, Avid Ventures, HR Tech Investments, Stripes Group and 14 more.
Who are Oyster's competitors?
Competitors of Oyster include Papaya Global, Deel, Skuad, Remofirst, Atlas and 7 more.
Compare Oyster to Competitors
Deel provides a global payroll solution to connects localized compliance and payments. It aids with onboarding, localized contracts, rights of workers, and document requests, to the generation of tax forms and invoices. It was formerly known as Lifeslice. The company was founded in 2019 and is based in San Francisco, California.
Remote operates as a digital recruiting platform. It facilitates candidate screening, hiring, and handling payroll. It offers international payroll, benefits, taxes, and compliance that helps companies hire and manage global talent. It provides solutions for startups, small businesses, and enterprises. Remote was founded in 2019 and is based in Amsterdam, Netherlands.
Papaya Global operates as a financial technology company. The company offers a global payroll technology platform to automate payroll processes, ensuring compliance, and provides flexibility and security. It primarily serves global enterprises, helping them manage workforce spending and payments. It was founded in 2016 and is based in New York, New York.
Globalization Partners is a company focused on providing global employment solutions in the human resources sector. The company offers a platform that enables businesses to find, hire, onboard, and manage teams in over 180 countries without the need to set up new entities. Their services primarily cater to businesses looking to expand their operations globally. It was founded in 2012 and is based in Boston, Massachusetts.
Velocity Global develops human resource (HR) solutions. The company offers services such as hiring, payroll management, and employee benefits administration, all designed to facilitate the management of distributed teams. It also provides immigration services and flexible office spaces, enabling businesses to expand and operate in multiple countries. It was founded in 2014 and is based in Denver, Colorado.
Omnipresent provides an online platform for companies to hire and manage remote teams. The platform offers an infrastructure for compliance, payroll, benefits, and more. It was founded in 2019 and is based in London, United Kingdom.