We’re thrilled to announce Acadian Ventures portfolio company, Oyster, has raised a $59M Series D led by Silver Lake Waterman. This new round of funding values the company at $1.2 billion.
Oyster is the 12th investment in our first fund. When we first invested in early 2021, COVID was peaking and the world was forced to embrace remote work. Today, companies around the world are looking to Oyster to onboard, pay, and manage their global workforce. Spearheaded by the company founders, Tony Jamous and Jack Mardack, Oyster is representative of many of their customers -- building a globally diverse, talent-dense workforce.
Oyster is now widely recognized as a market leader in global employment platforms. The company has grown 7x over the last 2 years and is now serving over 1,400 customers worldwide.
Congratulations to the entire Oyster team on this milestone. You can read more about Oyster in TechCrunch.
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