RemotePass raises $17.4M Series B led by EBRD as global employment platform expands into Europe and the US
Summary
RemotePass raised $17.4 million in a Series B round led by EBRD Venture Capital with participation from 500 Global and existing investors. The UAE-founded payroll and global employment platform enables businesses to onboard, manage, and pay employees and contractors across more than 150 countries. The company reached profitability in early 2025, serves over 35,000 workers and has facilitated more than $800 million in cross-border payroll. RemotePass will use the Series B to expand into Europe and the US, strengthen compliance in current markets, and invest in AI and embedded fintech products.
Funding
Amount
$17.4M
Total raised
Date
May 20, 2026
Announcement date
Investors
Endeavor Catalyst, please follow @212vc, Tata Group, Khwarizmi Ventures, Logitech, 500 Startups, Access Bridge Ventures, BECO Capital, Wamda Capital
Lead investors
Company
remotepass.com
Funded company
Classifications
industries
InsurTech
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
HR Software
Payroll Software
Linked Companies
RemotePass
$1M to $5M