– RemotePass secures $5.5 million in Series A funding led by 212 VC, with participation from investors across the US, Europe, and the Middle East.

– The platform, founded by Kamal Reggad and Karim Nadi, enables companies to manage, pay, and retain remote workers in over 150 countries, serving clients like Spotify and Logitech.

– RemotePass, originally a business travel SaaS platform, pivoted during the COVID-19 pandemic to focus on remote workforce management, achieving significant growth and recognition in the industry.

RemotePass, an HR & Fintech platform aiding companies in managing, paying, and retaining remote workers, has secured $5.5 million in Series A funding, led by 212 VC.

The oversubscribed round saw participation from investors in the US, Europe, and the Middle East, including Endeavor Catalyst, Khwarizmi Ventures, Oraseya Capital, Flyer One Ventures, Access Bridge Ventures, A15, and Swiss Founders Fund.

With this funding, RemotePass’s total capital raised exceeds $10 million, bolstering previous investments from BECO Capital, Wamda Capital, Plug & Play, and Flat6Labs.

Ali Hikmet Karabey, Managing Director at 212 VC (Lead Investor), emphasized RemotePass’s pivotal role in addressing workforce challenges like talent mobility and remote work. He praised the company’s disruptive approach, positioning it as a game-changer in the UAE & KSA.

Founded by Kamal Reggad and Karim Nadi, RemotePass caters to a diverse clientele, including startups and large enterprises like Spotify and Logitech, facilitating global talent management and payments in over 150 countries.

Kamal Reggad, CEO and Co-Founder of RemotePass , highlighted the platform’s mission to democratize access to global opportunities, empowering individuals to compete in the global job marketplace.

RemotePass stands out in the remote work solutions landscape by leveraging its expertise in emerging markets, offering a comprehensive suite of benefits through its innovative super app, including multiple payout options and premium health insurance.

Fadi Ghandour, Founder of Wamda Capital, lauded RemotePass’s progress, emphasizing the company’s robust financials, strong team, and high growth potential.

Originally a business travel SaaS platform, RemotePass pivoted during the COVID-19 pandemic to focus on remote workforce management, achieving remarkable growth driven by client referrals.

Margaret Pollack, Head of Capital and Investments at Endeavor Catalyst, expressed support for Kamal Reggad’s entrepreneurial journey, highlighting his impact beyond his first venture, Hmizate.