Remotebase, a 10-month old startup, that helps connect high-performing engineering teams with US companies, has raised a $1.4M seed round. Thecompany has operations both in Pakistan, as well as Silicon Valley and has raised the money to scale its operations by the end of 2021.
Remotebase’s mission is to turn Pakistan into a global tech hub by hiring, training and then placing engineers in Silicon Valley based startups. The idea is to give Pakistani engineers the exposure to the world’s most innovative companies by deeply integrating the engineers inside those companies. Engineers work anywhere between 12-18 months with each company, learn, gather experience, and then have the option of switching to a new Silicon Valley startup.
The round was led by Indus Valley Capital and also saw participation from several renowned global investors such as billionaire investor Tim Draper, Hustle Fund Ventures and other well-known angel investors from Silicon Valley.
“Remotebase is a crucial piece of the puzzle for Pakistani tech ecosystem to earn its well-deserved place in the world. As tech companies go remote, Remotebase can help Pakistani talent fulfill this demand and gain experience with the best startups around the world.
Over time this will also materially increase the supply of experienced tech professionals in the country, benefiting all local companies. We’re thrilled about our mission alignment with Remotebase and are excited to back them.” said Aatif Awan, Managing Partner at Indus Valley Capital.
For customers, Remotebase offers a magical experience. The customers simply go to the website, configure what kind of engineering team they are looking for, and then simply check out. Within 24 hours, the customers can start working with their remote engineering teams.
Remotebase was co-founded by Qasim Asad Salam and Talha Masood, whose personal mission is to create a huge impact by completely disrupting the way tech companies work. By embracing remote work at the core, Remotebase exposes Pakistani talent to the entire world, allowing them to learn and work with the best companies in the world. It doesn’t matter where they are from, what is the colour of their skin, and which religion or nationality they have, making the entire globe a more inclusive place to live in.
“Remotebase is all set to completely disrupt how work is done. Being a remote worker for most of my life I was always passionate about enabling people to build companies entirely in the cloud and giving them access to top talent from all around the globe. Where better to start the company from than Pakistan. A country where I have personally witnessed an immense amount of talent, and super hungry individuals just looking for opportunities to learn and grow.” said Qasim.
“Working remotely my entire life with Silicon Valley companies has been an incredible ride. I had immense freedom, meaningful work and I got to learn from the best companies in the world. One went on to become a multi-billion dollar startup. I want other Pakistani engineers to have the same experiences and opportunities I had.” said Talha Masood.
With this fresh round of funding, Remotebase aims to hire more engineers, power Remotebase hackathons, and encourage women to get into tech through Remotebase for Women.
If you are an engineer, or know an engineer who may be interested in Remotebase, apply now through our job portal: https://jobs.remotebase.com/
About Remotebase:
Remotebase matches companies with high performing remote engineering teams within 24 hours.
About founders:
Qasim Asad Salam:
Qasim has been a tech entrepreneur his entire life. From building his first website at age 11, to freelancing through school, to building an app in college that went viral and had more user engagement than some of the most popular social media platforms. Even prior to founding
Remotebase, Qasim worked remotely as a freelancer, and also while working on his previous startups.
Syed Talha Masood:
Talha has also been a remote worker almost his entire life. He was an early employee at Knotel, which is now a billion dollar company. He has worked with some of the most innovative companies in the world at senior engineering roles, and has also been an advisor, a mentor and a consultant to companies and software engineers alike.
About investors:
Indus Valley Capital is a Pakistan-focused early stage VC fund. With deep roots in Silicon Valley, IVC is bringing the capital and expertise of the Pakistani diaspora to the startups building the country’s future. IVC portfolio startups have raised $33M+, more than a quarter of the total raised by Pakistani startups in seed to series B rounds in 2019-2020.
Draper Associates
Draper Associates was founded in 1985 by Tim Draper, founder of the famed Silicon Valley venture capital firm known as Draper Fisher Jurvetson. Tim Draper is considered one of the most successful Silicon Valley VCs of all time with having invested in over 35 billion dollar companies at the seed stage.
