Remote Hits $300M Revenue and Becomes Profitable

Remote has reached $300 million in annual recurring revenue while achieving cash flow positivity. The milestone, roughly three years after its Series C funding round in 2022, places it among a small group of major platforms—including G-P and Cribl—that handle global payroll, compliance, and hiring at enterprise scale. The convergence signals the distributed employment market has matured enough to sustain multiple viable competitors.