Remote Year, a startup that allows people to travel the world while working remotely, raised $12m in funding.
The round was led by Highland Capital Partners, with participation from Jesse Middleton, co-founder of WeWork Labs (now at Flybridge) and Nate Blecharczyk, co-founder / CTO of Airbnb.
The company intends to use the funds to invest in infrastructure, programming, communities and team to improve the Remote Year experience.
Founded by Greg Caplan, Remote Year brings together a community of 75 professionals from across the globe to spend a year, working, travelling, and exploring 12 cities around the world. Spending one month in each city, the community aims to connect with local cultures and business ecosystems, forming borderless personal and professional relationships along the way.
The company has just opened its first permanent co-working space in Split, Croatia, which features everything a remote worker needs, including great internet, ample call booths, and work environments.