Stripes led a $50m Series B financing round in Oyster.

Stripes Group, a growth equity firm, led a $50m Series B financing round in Oyster, an HR platform for globally distributed companies, with the participation of existing investors Emergence Capital and The Slack Fund and with the addition of Avid Ventures. "Oyster enables companies eager to employ and retain talented employees around the world. With Oyster, companies are building their distributed teams remotely with ease and confidence, with a powerful single-source platform for managing local legal compliance, payroll, benefits, and other critical human resource needs specific to each country. As a B-Corp, Oyster is on a mission to remove the barriers to global employment so that talented people across the world can increase their employability no matter where they are," Tony Jamous, Oyster CEO and Co-Founder.