Oyster

Oyster

Oyster, the global employment platform that enables companies to hire in 180+ countries quickly and compliantly.

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Financials

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Revenues, earnings & profits over time
EUR2021202220232024
Revenues0000000000000000
% growth-390 %36 %26 %
EBITDA0000000000000000
Profit0000000000000000
EV0000000000000000
EV / revenue00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x
R&D budget0000000000000000

Source: Company filings or news article

More about Oyster
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OysterHR is a global employment platform that simplifies the process of hiring international talent for businesses. The company operates in the human resources and legal tech market, serving clients who are looking to expand their workforce across borders without the need to set up their own entities in foreign countries.

OysterHR's business model revolves around providing an automated solution for global hiring. It enables businesses to create compliant employment agreements, activate global payroll and benefits, and calculate employment costs instantly. This not only saves time but also ensures that businesses remain competitive in the global market by accessing deep local intelligence.

The company's services are particularly beneficial for businesses looking to fill new roles quickly and expand to new markets in a matter of days. OysterHR's platform is recognized as a leader in global employment platforms by G2, with a 90% customer satisfaction rate.

The company generates revenue by charging businesses for its services. The cost of using OysterHR is reportedly less than what it would cost for businesses to deliver the same service using external consultants, making it a cost-effective solution for global hiring.

In summary, OysterHR is a tech-enabled solution for businesses looking to hire internationally, providing a seamless and efficient process that ensures compliance and cost savings.

Keywords: Global Employment, International Hiring, Human Resources, Legal Tech, Compliance, Payroll, Benefits, Employment Agreements, Cost Savings, Market Expansion.

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