As first reported by Deal Street Asia, Remoty a cloud-based saas startup in the human resources industry has raised an undisclosed amount in angel funding. Investors in this angel round include Deosai ventures, executives of Google, Repairdesk founder Usman Butt and US-based payroll and compliance provider Deel.
Founded in 2022 by Mahad Ahmed, Owais Basit, and Fatima Zafar, the SaaS startup aims to help teams and individuals manage tasks, manage payrolls and generate invoices.
During the COVID-19 epidemic, remote work experienced a huge increase, and every organization had to decide how they were going to handle it.
However, as the world began to open up and trade barriers were lifted, many workers and employers preferred to continue working remotely because it allowed for a better work-life balance, allowing for the creation of diverse teams with international talent, and was less expensive in terms of commuting and workspace.
On the other hand, a sizable percentage of workers and employers wished to return to their workplaces since, in their view, this is more productive and promotes teamwork. A new method of working has emerged as a result of this phenomenon.
Today, more and more businesses are using hybrid work arrangements that provide employees the freedom to work from home or an office. Remote employment is evolving, not disappearing. The future of remote work will evolve and become increasingly important to how we operate.
Companies must devote resources to creating frameworks and technologies that enable the future of work, according to Remoty co-founder Mahad Ahmad.
Hybrid and remote teams communicate with Remoty through applications like Slack, Microsoft Teams, Google Chat, and Lark to discuss their availability and progress (ByteDance). Every user’s working hours and vacation days are recorded by Remoty and accessible at any time, anywhere on their cloud platform.
Remoty’s clever algorithms use this data to provide insights into the performance and productivity of remote teams. To save users from having to duplicate their active projects and tasks in Remoty, the application seamlessly connects with project management tools like Jira, Asana, and ClickUp to import every user’s projects and tasks into Remoty.
The product’s user interface is designed with remote and hybrid employees in mind because it reduces their need for context switching by engaging with their communication platforms directly, such as Microsoft Teams and Slack.
