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Native Teams provides a unified platform designed to streamline global work payments and employment. It offers comprehensive Employer of Record (EOR) services, global payroll, and contractor payments, alongside multi-currency wallets. The platform integrates compliance, tax management, and HR support, simplifying administrative burdens for international teams.
Founded in 2020 by Jack Thorogood and Alex Mitrevska, Native Teams arose from their firsthand experience with global employment complexities. Their prior eight-year collaboration on a video software company directly informed the development of a platform to address these pervasive administrative challenges.
The platform serves businesses expanding globally, remote workers, and freelancers seeking compliant payment and employment structures. Native Teams aims to eliminate legal and administrative friction, empowering organizations to access international talent seamlessly, envisioning a highly interconnected global workforce ecosystem.
Native Teams has raised $8.8M across 2 funding rounds.
Native Teams has raised $8.8M in total across 2 funding rounds.
Native Teams has raised $8.8M in total across 2 funding rounds.
Native Teams's investors include Ruslan Sarkisyan, Fil Rouge Capital, MFG Invest, Elkstone, Haatch, Haatch Ventures, Quake Capital.
Native Teams is a technology company founded in 2020 that provides an all-in-one platform for global work payments, employment, and Employer of Record (EOR) services, enabling businesses to hire, pay, and manage international teams and freelancers compliantly without setting up local entities.[1][2][3] It serves remote-first companies, tech firms, creative agencies, and SMEs expanding globally, solving challenges like complex payroll, compliance, taxes, and cross-border payments in 85+ countries, while offering up to 3x lower costs, flexible financial tools, local benefits, and multi-currency support.[3][4][5] The platform has gained traction with 1500+ companies worldwide, strong client testimonials on scaling operations, and a 4.9 rating, though some users report onboarding delays.[3][6][7]
Native Teams was founded in 2020 in Skopje, North Macedonia, by Jack Thorogood (CEO) and Alex Mitrevska (Co-Founder & CXO), emerging from a personal challenge in simplifying global work payments and mobility.[1][2][3] The idea stemmed from founders' experiences with the pains of international hiring, payroll, and compliance, leading to a platform that goes beyond traditional EOR by integrating financial flexibility, secure payments, and employee support.[2][6] Early traction came from addressing gig economy needs and remote work booms post-2020, with pivotal growth through trusted partnerships, award-winning solutions, and scaling to support thousands of users via automated onboarding and local expertise.[2][3][4]
Native Teams stands out in the crowded EOR and global payroll space through these key strengths:
Native Teams rides the remote work and gig economy explosion, accelerated by post-pandemic shifts toward distributed teams and global talent pools, where 58% of companies plan international expansion but face compliance hurdles.[3][4] Timing is ideal amid rising demand for borderless hiring, with market forces like talent shortages in tech/creative sectors and regulatory complexities favoring EOR platforms that cut admin by 300% and enable fast scaling.[4][6] It influences the ecosystem by empowering SMEs to compete globally, fostering financial inclusion for freelancers via secure payments, and bridging gaps left by partial solutions from rivals, thus democratizing access to international workforce management.[2][4][5]
Native Teams is poised for accelerated growth by expanding AI-driven features (led by Chief AI Officer Nikola Bubevski) and deepening integrations for gig/AI-era workforces, potentially capturing more market share in a $20B+ EOR space amid hybrid work trends.[2][5] Rising geopolitical shifts and talent mobility will amplify demand for its compliant, cost-effective model, evolving its influence from payroll handler to full work infrastructure provider. As global teams become the norm, Native Teams' founder-led agility positions it to thrive, empowering businesses to build dream teams without borders—just as it started by solving one team's payment headache.
Native Teams has raised $8.8M across 2 funding rounds. Most recently, it raised $6.8M Pre-Series A in May 2024.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| May 16, 2024 | $6.8M Pre-Series A | Ruslan Sarkisyan, Fil Rouge Capital, MFG Invest | |
| Sep 1, 2022 | $2.0M Seed | Elkstone, Haatch, Fil Rouge Capital, Haatch Ventures, Quake Capital |