Oyster adds new investors as we launch our program for mission-driven companies

Announcing our new initiative, Oyster for Impact.

Text that says introducing Oyster for Impact alongside Indeed.com and PayPal logos

At Oyster, it’s our mission to create a more equal world by making it possible for companies everywhere to hire people anywhere.

Our mission is extremely important to our team here at Oyster, and it’s baked into everything we do. That’s why we’re so excited to announce our new initiative, Oyster for Impact, fueled by a strategic investment from HR Tech Investments, an affiliate of Indeed, and PayPal Ventures.  

Oyster for Impact is a program designed to help mission-driven companies build thriving distributed teams and have an impact on the world. The program is now open to certified nonprofits and benefit corporations across the globe, and offers members a discount on Oyster’s global employment products, free enrollment in our educational program, Oyster Academy, and unique opportunities to showcase their work at Oyster’s annual conference, Ascent.  

On top of that, Oyster for Impact members gain access to a network of globally distributed mission-driven companies, where they can share knowledge, build relationships, and collaborate with other impact-oriented organizations.

The launch of Oyster for Impact is the latest milestone in our mission to close the global opportunity gap by enabling companies everywhere to employ people anywhere. This pursuit will be accelerated by our newly announced strategic investment from HR Tech Investments, an affiliate of Indeed and PayPal Ventures. These investments are an extension of our recent Series B funding round, bringing total funding raised to date to over $75M. 

The Oyster team is especially excited to welcome HR Tech Investments, an affiliate of Indeed, and PayPal Ventures as investors because these two global organizations share our vision for a future of equal opportunities for everyone, everywhere. 

With the launch of Oyster for Impact, our aim is to help more impact-driven organizations gain uninhibited access to the global talent pool and build teams that are distributed, dynamic, and dedicated to their company’s mission. 

Eligible companies can enrol in Oyster for Impact by visiting oysterhr.com/oyster-for-impact and providing a copy of their 501(c)(3) determination letter, benefit corporation certification, or equivalent documentation by December 31, 2021. Once your application is approved, you’ll be able to access discounts when you engage Oyster’s services in top hiring destinations!

Learn more about Oyster for Impact here.

About Oyster

Oyster is a global employment platform designed to enable visionary HR leaders to find, hire, pay, manage, develop and take care of a thriving global workforce. It lets growing companies give valued international team members the experience they deserve, without the usual headaches and expense.

Oyster enables hiring anywhere in the world with reliable, compliant payroll, and great local benefits and perks.

Additional Resources

Discover more
Hiring Contractors

How to create an independent contractor agreement

Learn how to create an independent contractor agreement.

Learn more
Engagement and Culture

How our global team celebrates Pride Month

Pride knows no borders.

Learn more
Oyster blog

10 HR Trends for 2025: What matters most

Discover how to navigate the new challenges

Learn more
Remote Work

Oyster Bridges: The future is distributed

Some highlights from our latest event, Oyster Bridges.

Learn more
Global Payroll and Benefits

Health insurance for foreign nationals

How to provide health insurance to foreign nationals.

Learn more
Talent Acquisition

How to find the right global employment partner

Not all global employment partners are made equal

Learn more
Global Payroll and Benefits

Payroll service cost in 2025: A guide

Discover how much payroll services cost

Learn more
Employers

What is a global employment platform?

And why do companies need one?

Learn more
Text Link