Outstaffer – an HR tech platform that helps businesses find, hire, equip and pay employees worldwide compliantly – recently announced it has secured a $1.5 million strategic funding round from some of Australia’s leading investors and VC funds, including Utiliti Ventures; 1in100 Ventures; Side Stage Ventures; Alua Group; Spring Capital; Beachhead Ventures; Mondo Ventures; and John Poynton AO.
The company has been self-funded prior to this and the company plans to use the new funding to accelerate growth and further develop its products and features, including continuing development of its proprietary SaaS Global Workforce Platform, scaling its in-house team, and expanding into new countries.
With several enterprise customers already secured and plans to prioritize the US market next year, Outstaffer plans to continue relentlessly focusing on user experience and innovation while also adapting to the evolving needs of the global distributed workforce.
KEY QUOTES:
“We are humbled by the faith and belief our investment partners have shown in us, and our vision for Outstaffer. Having such esteemed entrepreneurs as our business partners will be extremely valuable as we rapidly navigate the path to our global expansion. We couldn’t be better placed to exploit the significant market opportunity in front of us.”
Outstaffer’s COO Michael Locaso — led the funding round
“We’re grateful to our investors for their belief in our vision…Their support will help us continue to fulfill our mission of enabling businesses to overcome the limits of their local talent pool and navigate the bubbling skill shortage crisis by offering a platform that makes it simple and easy to find, hire, pay and equip employees from around the world compliantly.”
— Thomas Derum, CEO of Outstaffer
“We are incredibly excited to be on the journey with Outstaffer. They have an amazing tech-enabled platform that has been designed to disrupt how businesses manage remote employees globally. We look forward to supporting and watching Outstaffer do some incredible things globally.”
— Jason Serda of Utiliti Ventures and 1in100 Ventures (co-leads on the investment)
“The unprecedented growth in remote work has opened up the global talent pool to local businesses and provided employees from around the world unparalleled employment opportunities. But, it is not without its challenges. Finding, hiring and managing talent abroad as well as complying with local labour laws, providing employee benefits, and managing physical devices can be a complex and costly task. We’re excited to back Outstaffer to solve this problem and to help businesses truly unlock the global workforce.”
Ben Grabiner of Side Stage Ventures — another lead investor
