Remotebase Raises $2.1 Million pre-Series A  

by Kay Aloha Villamor in October 28th, 2022

Remotebase, a San Mateo, CA-based recruitment marketplace, announced that it raised a $2.1 million pre-Series A funding at a $65 million valuation, as it launched the developer hiring tool Talently.

The round was co-led by Indus Valley Capital and Hustlefund Ventures, with participation from Soma Capital, Angel Squad, Draper Associates, and angel investors from Redis and Careem. 

Talently helps developers find top job opportunities while inviting tech recruiters and hiring managers to seek dedicated remote developer teams by exploring more than 60,000+ pre-vetted developer profiles on the go. 

Qasim Salam, the CEO of Remotebase, said: “Building and scaling our platform from just 11 engineers to now over 60,000+ within 2.5 years has truly been rewarding. With Talently we want to democratize work and enable millions of individuals from emerging countries to have access to the best opportunities in the world.”

The new recruitment app from Remotebase, Talently, is its latest proposition to anyone seeking to onboard the best-in-class developer talent.

Company: Remotebase

Raised: $2.1M

Round: pre-Series A

Funding Month: October 2022

Lead Investors: Indus Valley Capital and Hustlefund Ventures

Additional Investors: Soma Capital, Angel Squad, Draper Associates, and Angel investors from Redis and Careem

Company Website: https://www.remotebase.com/

Software Category: Recruitment Marketplace

About the Company: Remotebase was founded by Qasim Asad Salam and Talha Masood, who identified an opportunity to revolutionize the tech hiring process by offering a unique competitive service. Initially, they launched two startups together, a software house and an engineers’ performance tracking system. Remotebase is a recruitment marketplace that matches tech companies with the world’s top 1% developer teams, pre-vetted and ready to hire within 24 hours. Their Silicon Valley standardized vetting process provides the finest tech experts with 100+ skills that best fit your timezone and work model, eliminating the highly exhaustive and costly hiring process. By introducing innovative tools like the Talently app, Remotebase is taking the lead in making tech hiring more efficient, economical, and hassle-free.

Source: https://newsdirect.com/news/remotebase-raises-2-1m-at-a-65m-valuation-as-it-launches-developer-hiring-platform-talently-826313866





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