FundedIQ
Administrative Services

Oyster®: Funding, Investors & Team (Sep 2026)

Oyster is on a mission to create a more equal world by making it possible for companies everywhere to hire people anywhere. The company's HR platform for globally distributed companies enables growing organizations to give valued international team members the experience they deserve, without the usual headaches or expense. Oyster empowers hiring anywhere in the world with reliable, compliant payroll and great local benefits and perks. Founded in January 2020 by Tony Jamous and Jack Mardack, Oyster is itself a fully remote company with a diverse, globally distributed team.

www.oysterhr.com LinkedIn Charlotte, United States 251-500 employees
Employment Human Resources SaaS Software
Total raised
$220M
Rounds
3
Latest
Series C
Apr 2022

Oyster® has raised $220M across 3 funding rounds on record, the most recent a Series C of $150M announced in Apr 2022.

That round is above the $4.7M median round size for Administrative Services companies tracked on FundedIQ over the last two years.

Oyster® Company Profile and Key Stats

Total funding raised
$220M
across 3 rounds on record
Funding rounds on record
3
Latest funding round
Series C
$150M in Apr 2022
Employees
251-500
reported band
Headquarters
Charlotte, United States

Latest funding round on record: Apr 2022.

Oyster® Funding Rounds

Date
Round
Amount
Series C
$150M
Undisclosed round
$50.0M
Series A
$20.0M

Oyster® raised $20.0M in a Series A announced in Feb 2021.

4 months later, an undisclosed round of $50.0M was announced in Jun 2021.

10 months later, a Series C of $150M was announced in Apr 2022.

Oyster® Founders and Leadership Team

Name
Role
Contact
Tony Jamou
CEO
Tony Jamous
CEO
Locked

Contact details for the Oyster® team: 1 of 2 have an email address on file.

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Oyster® Funding Compared to Other Administrative Services Startups

Segment
Companies
Median round
29,795
$7.5M
1,822
$58M

Oyster®'s latest round of $150M is above the median round in Administrative Services. Medians cover the last 24 months of disclosed rounds.

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Oyster® Funding FAQs

What does Oyster® do?

Oyster is on a mission to create a more equal world by making it possible for companies everywhere to hire people anywhere. The company's HR platform for globally distributed companies enables growing organizations to give valued international team members the experience they deserve, without the usual headaches or expense. Oyster empowers hiring anywhere in the world with reliable, compliant payroll and great local benefits and perks. Founded in January 2020 by Tony Jamous and Jack Mardack, Oyster is itself a fully remote company with a diverse, globally distributed team.

How much funding has Oyster® raised?

Oyster® has raised $220M across 3 rounds on record. The most recent is a Series C of $150M announced in Apr 2022.

When did Oyster® last raise funding?

Oyster®'s most recent funding round on record is a Series C of $150M, announced in Apr 2022.

Who is the CEO of Oyster®?

Tony Jamou is listed as CEO at Oyster®.

Where is Oyster® headquartered?

Oyster® is based in Charlotte, North Carolina, United States.

How many employees does Oyster® have?

Oyster® is in the 251-500 employee band.

How does Oyster®'s funding compare to other Administrative Services startups?

Oyster®'s latest round of $150M is above the $4.7M median round size for Administrative Services companies on FundedIQ across 1,897 tracked companies over the last two years.

About FundedIQ's Oyster® Funding Data

FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.

Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Oyster® is left off this page rather than filled in.

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