# Oyster: Human resources, San Francisco, United States

> Oyster: Oyster® (Oyster HR Inc.) is a global employment platform that simplifies hiring, payroll, and employee management for companies around the world.

Source: https://millionrounds.com/startup/oyster-4 (Millionrounds; every figure on the page links to its filing or article)

United States · [Human resources startup](https://millionrounds.com/companies)

# Oyster

Oyster® (Oyster HR Inc.) is a global employment platform that simplifies hiring, payroll, and employee management for companies around the world.

Funding reported Last round: Series C

Human resources San Francisco, United States

Company summary

- **Founded:** 2020 6 years old
- **Team:** 600 201 to 1,000 people
- **Funding reported:** $224M in dollars
- **Last round:** Series C Apr 2022

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Oyster has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Oyster

Oyster® (Oyster HR Inc.) is a global employment platform that simplifies hiring, payroll, and employee management for companies around the world.

Founded in January 2020 by Tony Jamous and Jack Mardack, the company is headquartered in San Francisco, California, with additional hubs in New York, London, and Nicosia. As a B Corp-certified organization, Oyster is committed to social and environmental performance. Oyster provides a comprehensive cloud-based Human Resources Management System (HRMS) that supports the entire lifecycle of global employment. Its services include global hiring and talent acquisition, compliant payroll and tax management, local benefits and perks, legal compliance, and employee support. The platform is designed for companies with global ambitions, including startups, enterprise corporations, remote-first organizations, and small to medium enterprises. With a valuation exceeding $1.2 billion, Oyster is recognized as a unicorn and continues to innovate in the global employment landscape.

## What company datasets say Oyster raised

Funding, as reported

Reported in all **$224M** in dollars

Rounds **4**

Last round **Series C**

Last round size **$5.0M**

Last round date **Apr 2022**

Investors listed **24**

## Founders and team

From Oyster's own website: 1 founder, 1 on the team.

**Ally Fekaiki** Founder

- **Lídia Pereira** People Operations Director at Laminar Projects

## On 5 portfolio pages

Investors who name them

- [G2 Venture Partners](https://millionrounds.com/fund/g2-venture-partners)
- [PeopleTech Partners](https://millionrounds.com/fund/peopletech-partners)
- [Atento Capital](https://millionrounds.com/fund/atento-capital)
- [Initial Capital](https://millionrounds.com/fund/initial-capital)
- [G2VP](https://millionrounds.com/fund/g2vp)

Each firm lists Oyster on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

global workforce scaling payroll reports payroll operations employee classification risk offboarding global employment global hr solutions remote hiring hr integrations strategic partnerships local compliance human resources and staffing international payroll remote work legal compliance employer of record tax compliance

Built with from their website

Wistia Pendo. Google Tag Manager Amazon CloudFront HREF Lang YouTube Google Workspace CloudFlare Viewport Meta Ketch

+8 more

Hubspot Atlassian Confluence PostgreSQL Varnish Webflow Hosting OpenAI AI Google Meet

- **Sector:** Human resources
- **Industry code:** NAICS 54161, 561330, 513210, SIC 7361
- **Region:** California
- **Revenue:** $97M a year, as listed
- **Full record:** [Every detail in the company directory](https://millionrounds.com/directory/oyster)

## How it ended, so far

Exit

Exit Buyer Price When

Acquired [Google](https://millionrounds.com/fund/google-assistant-investments) undisclosed Sept 2015

## Human resources in United States

Startups like it

- [**Deel** San Francisco · founded 2019 *Raised*](https://millionrounds.com/company/deel)
- [**Reflektive** San Francisco · founded 2014 *Raised*](https://millionrounds.com/company/reflektive)
- [**PerkSpot** Chicago · founded 2006 *Raised*](https://millionrounds.com/company/perkspot)
- [**LifeCare** Shelton · founded 1984 *Raised*](https://millionrounds.com/company/lifecare)
- [**Envoy Global** Chicago · founded 1998 *Raised*](https://millionrounds.com/company/envoy-global)
- [**Enboarder** Austin · founded 2015 *Raised*](https://millionrounds.com/company/enboarder)
- [**Wellist** Boston · founded 2013 *Raised*](https://millionrounds.com/company/wellist)
- [**Rallyteam** San Francisco · founded 2013 *Raised*](https://millionrounds.com/company/rallyteam)

## Is this your company?

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