Oyster announced a company-wide reorganization in which some roles were eliminated or changed. Public reporting described the move as a response to macroeconomic headwinds; 12 impacted employees were reportedly redeployed into new roles.
SourcePublic company, workplace, funding, and market signals
Updated Aug 16, 2026
Oyster is a B Corp-certified, fully distributed global employment platform that helps companies hire, onboard, pay, manage, and provide benefits to employees and contractors across borders. Its mission is to make it possible for companies everywhere to hire people anywhere.
Primary product
Global employment platform providing employer of record (EOR), global payroll, contractor management, compliant employment contracts, benefits, HR support, and workforce-management tools.
Founded
2020
Headquarters
San Francisco, California, United States
Team size
300-400
Work style
Remote
Industry
Human Resources Services
Sub-industry
Global employment, employer of record, payroll, HR technology, and workforce management
Offices
Business model
Stage
Series D / late-stage venture-backed unicorn
Total raised
$291M
Latest round
Strategic financing from ServiceNow Ventures · Nov 2024
Latest amount
$5M
Nov 2024 · ServiceNow Ventures
Sep 2024 · Silver Lake Waterman
Apr 2022 · Georgian
Venture round
Sep 2021
Series B
Jun 2021 · Stripes
Series A
Feb 2021 · Emergence Capital
Seed / early venture financing
Leadership
Hadi Moussa
Chief Executive Officer
Founder and Executive Chairman
Co-Founder
Geraldine MacCarthy
Chief Revenue Officer
Marina Farthouat
Vice President of People
Oyster describes itself as fully distributed and remote-first, with a mission centered on equitable access to global work opportunities. Public company materials emphasize empathy, mental wellbeing, trust, flexibility, compliance, positive social impact, and supporting workers in emerging markets. Oyster became a certified B Corporation in 2023.
Work style
Remote
Compensation
Public signals indicate locally appropriate compensation and benefits for workers hired through the platform, but Oyster does not appear to publish a general company-wide salary framework. A third-party employer profile reports a 3.7/5 compensation rating from 275 reviews; this is directional rather than verified compensation data.
Benefits
Pricing
Subscription and service-fee model, generally priced per worker and dependent on product, country, employment type, benefits, and payroll requirements. Oyster primarily uses sales-led demos and custom quotes; publicly available search evidence did not establish a single universal price.
Differentiators
Technology
Customers
Competitors
Estimated revenue
$100M-$150M annually; one Exa-derived company profile estimates approximately $112M
Estimated monthly visits
237K
Traffic estimate as of Jun 2026
Oyster announced a company-wide reorganization in which some roles were eliminated or changed. Public reporting described the move as a response to macroeconomic headwinds; 12 impacted employees were reportedly redeployed into new roles.
SourceOyster announced another reorganization and reduction of roles across the company. The company did not state a precise headcount reduction in the cited announcement; third-party reporting characterized it as approximately 30%.
SourceFounder Tony Jamous initiated a planned CEO succession, moving to Executive Chairman while Hadi Moussa became CEO. Jamous characterized the transition as a strategic move for operational scaling rather than a crisis or forced departure.
SourceBusiness Wire · Apr 2025
Oyster appointed Geraldine MacCarthy as Chief Revenue Officer and Marina Farthouat as Vice President of People.
Oyster · Jan 2025
Founder Tony Jamous described the planned leadership transition to Hadi Moussa as CEO and his own move to Executive Chairman, emphasizing operational scale and the next phase of growth.
Business Wire · Nov 2024
ServiceNow Ventures invested in Oyster following the Series D, with Oyster reporting total capital raised of $291M.
TechCrunch · Sep 2024
Oyster raised a $59M Series D led by Silver Lake Waterman, bringing reported total funding to $286M and valuation to approximately $1.2B.
Business Wire · Sep 2024
Oyster announced its Series D, its B Corp status, its distributed-company model, and participation from existing investors including Emergence, Stripes, Georgian, G2 Venture Partners, and Endeavor Catalyst.
30 jobs at Oyster