Remoty, Inc.

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Remoty, Inc. - overview

Established

2022

Location

San Mateo, CA, US

Primary Industry

Software

About

Remoty, Inc. specializes in attendance tracking and employee monitoring software, aiming to enhance HR management for remote teams with seamless integrations and user-friendly features. Founded in 2022 by Fatimah Zafar, Mahad Sheikh, and Mohammad Basit, Remoty, Inc. operates from San Mateo, US.


The company has completed one investment deal as of August 2, 2022, with Mahad Sheikh serving as CEO. Remoty's core offerings center around its innovative attendance tracking and employee monitoring software designed to streamline human resource management for remote teams. The platform integrates seamlessly with popular communication tools such as Slack and Microsoft Teams, allowing employees to clock in and out effortlessly while providing HR managers with accurate timesheets and attendance reports. Key functionalities include tracking paid time off (PTO), managing leave requests, and providing project-based billing insights, all intended to enhance productivity and visibility within organizations.


Remoty serves a diverse client base that includes companies operating in various sectors worldwide, particularly focusing on businesses with remote workforces in North America, Europe, and Asia. The software was developed to address the growing need for effective time management solutions in increasingly digital workplaces. Remoty generates revenue primarily through a subscription-based model, offering tiered pricing plans for its various modules. The Leave Module is priced at USD 4 per user per month, while the Attendance Module is available for USD 8 per user per month.


Clients can subscribe to these modules based on their specific needs, thus allowing them to pay only for the features they utilize. This transactional structure is designed to appeal to organizations of all sizes, particularly those looking to optimize their HR processes without incurring unnecessary costs. The company’s flagship products, Remoty's Attendance Tracker and PTO Management tools, are marketed to businesses seeking to enhance their operational efficiency and employee satisfaction. In August 2022, Remoty, Inc.


raised an undisclosed amount of Angel funding led by Deosai Ventures, with participation from individual investors. The company will utilize this funding to strengthen its operations in its region. Future growth plans include the development of new product features aimed at enhancing user experience, with a focus on launching these updates throughout 2023. Remoty also targets expansion into additional markets in Europe and Asia by the end of 2024, further broadening its presence in the global remote workforce sector.


Current Investors

Deosai Ventures

Primary Industry

Software

Sub Industries

Systems Management Software

Website

www.remoty.dev

Verticals

Cloud Computing

Company Stage

Angel & Seed

Total Amount Raised

Subscriber access only

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