Rise

Rise

Rise | Digital Marketing Freelance Marketplace. Learn more

Launch date
Employees
Market cap
-
Enterprise valuation
CAD21—31m (Dealroom.co estimates Apr 2023.)
New York City New York (HQ)
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RiseWorks is a dynamic startup operating in the HR and payroll sector, with a unique focus on serving globally distributed teams. The company provides a comprehensive platform for hiring, onboarding, and paying employees in both traditional cash and cryptocurrency. This makes it an attractive solution for modern businesses, including web3 startups, Decentralized Autonomous Organizations (DAOs), and global agencies, which require flexibility in their payment methods.

RiseWorks operates in a rapidly evolving market, where traditional and crypto-native organizations are looking to scale their global workforces. The company's business model revolves around automating complex HR processes, such as compliance with international regulations, tax form handling, and payment routing between fiat and crypto. This allows businesses to focus on growth rather than administrative tasks.

The company generates revenue by providing these services to its clients. It offers various payment options, including milestones, recurring, hourly, instant, or one-off payments. RiseWorks also provides additional benefits to contractors through its global partner network and offers the option to reimburse teams in fiat or crypto.

RiseWorks' unique selling proposition is its ability to navigate international regulations and ensure compliance. It also offers Rise ID, a feature that allows teams to create their on-chain professional identities for verification, transaction security, and employment records.

In summary, RiseWorks is a forward-thinking HR and payroll solution provider that caters to the needs of modern, globally distributed teams. It combines the flexibility of crypto payments with the security of traditional compliance measures, making it a compelling choice for businesses in the digital age.

Keywords: HR Solutions, Payroll Services, Cryptocurrency Payments, Global Workforce, Compliance, Automation, Web3 Startups, DAOs, Onboarding, International Regulations.

Tech stack

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