Oyster

Oyster

Global employment platform for hiring talent

About

OysterHR simplifies the hiring of international talent for businesses by providing a global employment platform. This platform allows companies to create compliant employment agreements, manage global payroll and benefits, and calculate employment costs quickly and efficiently. By automating these processes, OysterHR helps businesses expand their workforce across borders without needing to establish entities in foreign countries. This service is particularly useful for companies looking to fill roles rapidly and enter new markets within days. Unlike many competitors, OysterHR offers a cost-effective solution that is often cheaper than hiring external consultants for similar services. The goal of OysterHR is to make global hiring seamless and efficient while ensuring compliance and providing significant cost savings for businesses.

Company Stage

Late Stage VC

Employees

501-1,000

Industries

Consulting, Enterprise Software, Legal

Total Funding

$280.3M

Headquarters

Charlotte, North Carolina

Founded

2020


Simplify Jobs

Simplify's Take

What believers are saying

  • Oyster raised $59M in Series D funding to enhance its platform.
  • The launch of Oyster Shell addresses contractor misclassification risks.
  • Oyster's integration with TriNet supports seamless global workforce management.

What critics are saying

  • Increased competition from Papaya Global may impact Oyster's market share.
  • TriNet's new partnerships could challenge Oyster's unique value proposition.
  • Oyster's reliance on external investments suggests potential financial vulnerability.

What makes Oyster unique

  • Oyster offers a comprehensive HR platform for globally distributed teams.
  • The platform ensures compliant payroll and local benefits for international hires.
  • Oyster's automated solution simplifies global hiring and employment agreements.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

10%

2 year growth

-9%

Benefits

Work from anywhere

Paid time off

Mental health support

Wellbeing allowance

Flexible parental leave

WFH stipend

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