Rise, founded in 2019, is transforming the way global teams are hired, paid, and managed, with its innovative platform catering to modern workforce needs. Positioned as a Finance & HR OS for Modern Companies, Rise integrates seamlessly for companies operating in hybrid, remote, and international environments. It uses blockchain technology to support payroll in fiat, stablecoins, and over 100 cryptocurrencies, operational in over 190 countries.
The platform's key strengths include its smart contract automation, direct digital wallet integration, and its capability to ensure compliance with global employment regulations. Offering benefits like Global Payroll, Agent of Record for contractors, and Employer of Record for full-time hires, Rise caters to both startups and large enterprises.
With a Series A funding round of $6.30M secured on 21 November 2024 from notable investors like Digital Currency Group and Draper Associates, Rise is gaining significant traction. Based in the United States, the company has effectively disbursed over $500M, establishing itself as a reliable partner for compliant workforce management.