Oyster

Oyster

Global employment platform for hiring talent

About Oyster

Simplify's Rating
Why Oyster is rated
B
Rated B on Competitive Edge
Rated A on Growth Potential
Rated C on Differentiation

Industries

Consulting

Enterprise Software

Legal

Company Size

501-1,000

Company Stage

Late Stage VC

Total Funding

$288.2M

Headquarters

San Francisco, California

Founded

2020

Overview

OysterHR is a global employment platform that helps businesses hire international talent without needing to establish entities in other countries. The platform automates the creation of compliant employment agreements, manages global payroll and benefits, and provides instant calculations of employment costs. This efficiency allows companies to quickly fill roles and expand into new markets. OysterHR is recognized for its high customer satisfaction and is considered a leader in the global employment sector. The service is cost-effective, often cheaper than hiring external consultants for similar tasks, making it an attractive option for businesses looking to streamline their international hiring processes.

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Simplify's Take

What believers are saying

  • Oyster raised $59M in Series D funding, supporting growth and innovation.
  • Partnerships with platforms like TriNet offer new growth and integration opportunities.
  • Recognition on G2's Best Software Awards highlights Oyster's impact in HR tech.

What critics are saying

  • Increased competition from Papaya Global may impact Oyster's market share.
  • Strategic shifts from new executive appointments could disrupt current operations.
  • Reliance on external investments may pressure Oyster to deliver rapid growth.

What makes Oyster unique

  • Oyster offers a seamless global hiring platform with compliance and cost savings.
  • The platform provides automated solutions for creating compliant employment agreements and global payroll.
  • Oyster Shell product addresses contractor misclassification risks, enhancing contractor management.

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Funding

Total Funding

$288.2M

Above

Industry Average

Funded Over

6 Rounds

Late VC funding comparison data is currently unavailable. We're working to provide this information soon!
Late VC Funding Comparison
Coming Soon

Benefits

Work from anywhere

Paid time off

Mental health support

Wellbeing allowance

Flexible parental leave

WFH stipend

Growth & Insights and Company News

Headcount

6 month growth

↑ 2%

1 year growth

↑ 3%

2 year growth

↑ 2%
Recruiter
May 1st, 2025
APPOINTMENTS: 28 APRIL-2 MAY 2025

- Oyster, the global employment solution to employ, pay and care for distributed teams, has appointed Geraldine MacCarthy as chief revenue officer (CRO) and Marina Farthouat as vice president of people.

Faraday Partners
Mar 28th, 2025
Faraday Partners Supports The Appointment Of Marina Farthouat As Vp People At Oyster

Marina joins Oyster from ClickHouse, where she served as VP, People playing a pivotal role in shaping the company's people strategy and fostering a dynamic workplace culture.

Finsmes
Dec 4th, 2024
Papaya Global: Is It The Best Choice For Global Workforce Management?

Operating a worldwide workforce presents distinctive quandaries. From salary management to regulatory adherence, businesses encounter obstacles that may impede expansion and output.A method of gaining recognition is the platform provided by Papaya Global, which can be accessed at www.papayaglobal.com. This tool provides an efficient measure for businesses to address their international workforce requirements without hassle.Papaya Global purports to simplify intricate procedures like global payroll and employee supervision. Why Global Workforce Management is CrucialGlobal workforce administration is pivotal in assuring firms are capable of handling the intricacies of global payroll, adherence, and talent procurement.  It enables companies to grow into new territories while controlling distant teams effectively.With worldwide employment laws shifting regularly, owning a system that stays abreast of these modifications is paramount to prevent legal troubles.Papaya Global proposes remedies that help companies deal with global employment chores effortlessly. Proceeding forward, let’s explore how Papaya Global’s platform excels in delivering these crucial services.Understanding Papaya Global’s PlatformPapaya Global’s platform offers essential features for global workforce management. The user interface is intuitive and accessible across devices, making it convenient for users to navigate and customize their experience.Core Features and FunctionalityManaging a global workforce requires a system that can effortlessly perform intricate actions. Papaya Global provides such a system, concentrating on streamlining worldwide employment and payroll workflows. Below are its critical elements and capabilities:. User Experience and Interface: The system distinguishes itself with its straightforward, instinctive layout. Users smoothly switch between various operations without misunderstanding.Benefits Administration: Firms can regulate staff advantages across different nations, ensuring adherence to regional laws.Global Talent Acquisition: Assists businesses in discovering and recruiting talent around the globe, simplifying the creation of diverse teams.Workforce Insights and Analytics: Provides data scrutiny tools to aid companies in understanding workforce tendencies and making educated decisions

Finsmes
Nov 11th, 2024
Oyster Receives $5M Investment from ServiceNow Ventures

Oyster, a San Francisco, CA-based employment solution to employ, pay, and care for distributed teams, received a $5M investment from ServiceNow Ventures

Business Wire
Sep 6th, 2024
Oyster Raises $59M Series D to Democratize Access to Global Job Opportunities

Oyster®, the global employment solution to employ, pay, and care for distributed teams, raised $59M in Series D funding, led by Silver Lake Waterman,

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