Oyster has raised a total of $288.2 million across six funding rounds, reaching a $1.2 billion valuation as of September 2024. Founded in 2019 by Jack Mardack and Tony Jamous, the company is headquartered in Charlotte, North Carolina. Its most recent $5 million Series D extension in November 2024, led by ServiceNow Ventures, follows major rounds from Silver Lake Waterman ($59M Series D), Georgian ($150M Series C), Stripes ($50M Series B), and Emergence Capital ($20M Series A). Oyster’s cloud-based HR platform simplifies global hiring, payroll, and compliance for remote teams.