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§ Private Profile · San Francisco, CA, USA
RemoFirst is a technology company.
RemoFirst provides a comprehensive global employment platform, operating as an Employer of Record (EOR) to facilitate compliant hiring and management of international employees and contractors. The company’s solutions encompass global payroll processing, HR compliance in over 185 countries, and administration of benefits and background checks. This allows businesses to expand their workforce globally without needing to establish local legal entities, streamlining complex international employment processes.
The company was co-founded in 2021 by Nurasyl Serik, who serves as CEO, and Volodymyr Fedoriv, the COO. Their entrepreneurial journey was reportedly inspired by a shared vision to democratize global talent acquisition and simplify remote work. Serik, notably recognized in Forbes 30 Under 30, brought a passion for making global hiring accessible and affordable, shaping the company’s core mission around these principles.
RemoFirst serves companies aiming to build and manage distributed teams by simplifying the operational complexities of international employment. Its long-term vision centers on enabling organizations to seamlessly tap into a worldwide talent pool, ensuring compliance and efficiency in their global workforce strategies. The company aims to remain a pivotal solution for businesses seeking to expand their reach and manage their remote operations effectively.
RemoFirst has raised $39.0M across 2 funding rounds.
RemoFirst has raised $39.0M in total across 2 funding rounds.
RemoFirst has raised $39.0M in total across 2 funding rounds.
RemoFirst's investors include Nicholas Sando, Double Prime LLP, Fifth Wall, InMotion Ventures, Mouro Capital, Passion Capital, QED Investors, TrueSight Ventures, VentureFriends, Michael Pennington, Counterpart Ventures.
RemoFirst is a global HR technology platform providing Employer of Record (EOR) services, enabling businesses to hire, onboard, and manage employees and contractors compliantly in 185+ countries without establishing local entities.[3][1] It serves tech startups, SMEs in software development and e-commerce, and larger organizations, solving the complexities of international compliance, payroll, and hiring to allow focus on growth.[2][3] Key offerings include automated payroll, AI-powered processes, RemoVisa for visas in 85+ countries, RemoCheck for background screening, RemoTech for equipment delivery in 150+ countries, and contractor management with payments in 50+ currencies.[1][3] Recognized as No. 4 in Fast Company's Most Innovative Companies of 2025 (HR category), RemoFirst demonstrates strong growth with $39.1M in total funding, including a $25M recent round, and $22.3M revenue.[1][4]
RemoFirst emerged as a solution to simplify global employment, founded to empower companies with "freedom of work" by accessing talent worldwide without compliance barriers.[4] Headquartered in San Francisco with 106 employees, it leverages proprietary partners with 20+ years of experience managing $30B+ in international payroll across 185+ countries.[3][4] CEO Nurasyl Serik leads the team, which has driven pivotal innovations like RemoVisa (largest EOR visa coverage), RemoCheck, and contractor tools, earning Fast Company's 2025 accolade for reshaping global workforce management.[1] Early traction built on affordability and rapid onboarding, evolving from core EOR to comprehensive services including timesheet accuracy updates and direct debit funding via GoCardless.[2]
RemoFirst rides the wave of remote and distributed workforces, accelerated by globalization and talent mobility post-pandemic, enabling companies to tap diverse skills without local entity setups.[1][4] Its timing aligns with rising demand for cost-effective EOR amid economic pressures on startups/SMEs, where rapid international hiring is key in tech and e-commerce.[2] Market forces like multi-currency payroll needs and compliance complexities favor its proprietary partner model and innovations, reducing barriers to global expansion.[3] By powering borderless teams, it influences the ecosystem, fostering innovation through tools like white-label/reseller programs and setting standards in HR tech affordability.[1][4]
RemoFirst is poised for accelerated growth, building on 2025's Fast Company recognition and funding to expand AI-driven automation and partner networks beyond 185 countries.[1][4] Trends like AI in HR, visa mobility demands, and contractor economies will shape its trajectory, potentially capturing more enterprise clients via white-label programs.[4] Its influence may evolve from startup enabler to infrastructure leader, redefining global employment as seamless and equitable—echoing its mission to build the best teams at the world's best price.[3]
RemoFirst has raised $39.0M across 2 funding rounds. Most recently, it raised $25.0M Series A in March 2024.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 1, 2024 | $25M Series A | Nicholas Sando | Double Prime LLP, Fifth Wall, InMotion Ventures, Mouro Capital, Passion Capital, QED Investors, TrueSight Ventures, VentureFriends, Michael Pennington, Counterpart Ventures | Announced |
| Jan 1, 2022 | $14M Seed | Mouro Capital, QED Investors | Double Prime LLP, Fifth Wall, InMotion Ventures, Passion Capital, TrueSight Ventures, VentureFriends, Michael Pennington, Counterpart Ventures | Announced |