For a down payment and a monthly fee for programs ranging from four to twelve months, Remote Year designs and facilitates an itinerary for you to keep working while traveling the world.
The fee covers travel logistics, workspace, a private bedroom in a shared apartment with other Remote Year participants, a local support team, and other amenities.
Remote Year was launched in 2014 and has since served over 2,500 people living the work-travel life.
This week, the company announced $5 million in additional funding led by Chicago-based Lightbank.
Prior investor Highland Capital Partners participated in the deal, which brings Remote Year’s total venture backing to $17 million.
This week, Mable raised $3.1 million in seed funding co-led by Venrock, Accomplice (née Atlas Ventures), and Founder Collective.
This week, the company announced $3.5 million in Series A funding led by Sonoma Brands, an investment and marketing firm which has previously made investments in companies like Smashmallow, Yumble, and Dang Foods, among others.