Vamoz receives CHF 150,000 to facilitate remote work abroad

In today's globally connected, post-pandemic landscape, remote work has emerged as the new norm. Highly sought after by talented professionals, it frequently serves as a crucial element in both recruitment and retention efforts. However, remote work also presents challenges due to legal complexities associated with taxation, social security, labor law, and potential strains on team cohesion and operational management.

Vamoz's SaaS solution empowers companies to facilitate remote work for their employees, streamlining the entire process through its web-based application. This platform evaluates legal and business risks while guiding users through each step of the operational process. Employees can easily submit requests, HR teams can make informed approval decisions, and line managers can maintain a comprehensive overview. The solution not only enhances employee satisfaction, talent acquisition, and retention but also boosts productivity. Moreover, it enables companies to establish and adhere to a customized remote work abroad policy, allowing for more effective workforce management and risk mitigation.

Vamoz's user-friendly standalone solution was meticulously crafted by harnessing the collective expertise of legal professionals and in-house engineers. The platform is grounded in a scalable software architecture, streamlined data processing, and seamless automation of workflows.

The startup's target customers are medium- to large-sized companies with a high degree of knowledge workers and international operations, beginning with Switzerland as an outbounding country, ramping it up and expanding into the DACH region. Pilot projects were launched with Migros, Hotelplan, and Webrepublic; several hundred remote work trips have already been successfully assessed and completed. The service obtainable market size for Vamoz in Switzerland among the key target industries is estimated to be over CHF 100 million.

Vamoz intends to allocate the CHF 150,000 investment towards refining the product and expanding the team, as well as pursuing sales and building long-term customer relationships.

The co-founders of Vamoz bring together a diverse array of expertise in legal, financial, and technological fields: Sophie Boyle is a certified treasurer with over a decade of experience in both corporate and consulting roles; Dr. Daniel Dietrich is a marketing specialist with an emphasis on customer insight and product development, as well as a senior lecturer at the University of St. Gallen; Johannes Pecher is a seasoned designer and senior software engineer with an extensive background in consultancy and entrepreneurship; and Prof. Dr. Isabelle Wildhaber, a renowned labor law expert, serves as a Professor of Private and Business Law at the University of St. Gallen.

"Our experience with Venture Kick has been transformative," said the founders. "Their dedicated team and tailored approach have helped us fine-tune our business strategy, secure funding, and achieve unprecedented growth in such a short period of time. Their commitment to fostering innovation and nurturing the next generation of Swiss entrepreneurs has had a profound impact on our success over the past months."