# Remote Year

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/remote-year

- Industry: Travel & Leisure
- Headquarters: Dover, US
- Website: www.remoteyear.com
- Total disclosed funding: $12M
- Latest round: Series A (Oct 11, 2016)
- Investors on record: 6

## About

Remote Year, Inc. connects professionals with remote work opportunities around the globe through curated travel experiences, enabling them to work and explore simultaneously.Remote Year, Inc. specializes in providing remote work and travel programs for professionals. Founded in 2015 in Dover, US, by Sam Pessin, the company has successfully raised USD 5.00 mn in funding through 4 deals, with its latest round occurring in October 2019, led by Lightbank and supported by Highland Capital Partners. The company operates with a global presence, focusing on enhancing the remote work experience.Remote Year offers comprehensive programs that combine work and travel, catering to professionals looking to work remotely while exploring new cultures. Their services include organized travel, workspace access, and community-building activities, designed to enhance productivity and networking. These programs are tailored to meet the needs of various client segments, including freelancers and corporate teams, primarily in North America and Europe.Remote Year generates revenue through its program fees, which are structured around the specific travel experiences and services provided to participants. Clients pay for tiered packages that include accommodation, workspace access, and additional support services, ensuring flexibility for both individual and corporate clients. This model supports sustained engagement and customer loyalty.The company is focusing on expanding its offerings by launching new travel programs aimed at different professional groups, with planned rollouts expected by late 2023. Additionally, Remote Year aims to enter new markets in Asia and South America within the next two years, leveraging funds from its recent USD 5.00 mn investment to enhance its service capabilities and marketing reach.

## Funding rounds

- Series A, Oct 11, 2016, $12M — Highland Capital Partners, Flybridge Capital Partners, Hyde Park Venture Partners, Corazon Capital, Listen Ventures, Service Provider Capital

## Investors

- Highland Capital Partners (https://capitalatlas.ai/funds/highland-capital-partners) — Series A
- Flybridge Capital Partners (https://capitalatlas.ai/funds/flybridge-capital-partners) — Series A
- Hyde Park Venture Partners (https://capitalatlas.ai/funds/hyde-park-venture-partners) — Series A
- Corazon Capital (https://capitalatlas.ai/funds/corazon-capital) — Series A
- Listen Ventures (https://capitalatlas.ai/funds/listen-ventures) — Series A
- Service Provider Capital (https://capitalatlas.ai/funds/service-provider-capital) — Series A