Rise Works Analysis: $10M Raised
What is Rise Works?
Rise Works specializes in global payroll solutions that facilitate hiring, onboarding, and payment for teams in both fiat and cryptocurrency. Their unique approach combines compliance automation with flexible payment options, ensuring businesses can manage their global workforce efficiently. This enables companies to focus on growth while Rise handles the complexities of payroll and compliance.
Employees
11-50
Founded
2019
Industry
FinTech, Hrtech, Blockchain
Latest Funding Round Size
$10,100,000
Product Features & Capabilities
- Global Contractor Pay for seamless international payments
- Employer of Record services for compliant employee management
- Agent of Record model to mitigate compliance risks
- Rise ID for secure on-chain professional identities
- Automated onboarding and compliance checks for contractors.
Use Cases
Streamline payments to international contractors in various currencies; Automate compliance checks for global workforce onboarding; Manage payroll for full-time employees without local entities; Facilitate hybrid payments in fiat and cryptocurrency; Provide health and travel insurance for contractors.
How much Rise Works raised
Series A - $10,100,000
RecentOther Considerations
SOC 2 certified and GDPR compliant; Operates in over 190 countries; Supports payments in over 90 local currencies and 100 cryptocurrencies.
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