How Skuad Entered the Global Hiring Market
The story of Skuad begins in 2021, when founders Sundeep Sahi and Mayank Bhola identified a critical gap in the global employment market. As experienced technology executives, they witnessed firsthand the challenges companies faced when attempting to hire international talent through traditional means.
The Original Vision
Skuad was conceived with a clear mission: to democratize global hiring by making international employment as simple as domestic hiring. The founders recognized that while demand for global talent was accelerating, the infrastructure to support seamless cross-border employment remained fragmented and complex.
Founding Principles
From its inception, Skuad was built on three core principles: simplicity in user experience, comprehensive compliance coverage, and transparent pricing that scales with business growth.
Early Development and Launch
Skuad officially launched its platform in late 2021, initially focusing on key markets in Asia, Europe, and North America. The platform's early success stemmed from its focus on user experience – providing a clean, intuitive interface that contrasted with the complex workflows typical of traditional HR platforms.
The timing proved advantageous. As companies worldwide grappled with the shift to remote work accelerated by the pandemic, Skuad positioned itself as a solution specifically designed for the new era of distributed teams.
Key Milestones and Expansion
2022: Rapid Geographic Expansion
Within its first year of operation, Skuad expanded its services to cover over 100 countries, establishing local partnerships and compliance frameworks in key markets across Europe, Asia-Pacific, and the Americas.
2023: Series A Funding and Product Enhancement
Skuad secured significant Series A funding, enabling the platform to enhance its technology infrastructure and expand its compliance capabilities. The funding round also supported the development of advanced features including automated payroll processing and comprehensive benefits administration.
2024: Market Leadership and Recognition
By 2024, Skuad had achieved coverage across 160+ countries and territories, establishing itself as one of the most comprehensive global hiring platforms in the market. The company received recognition from industry analysts for its user-friendly approach and robust compliance framework.
Technological Innovation
Throughout its development, Skuad has maintained a focus on technological innovation. The platform's architecture was designed from the ground up to handle the complexities of multi-jurisdictional employment, with automated compliance monitoring and real-time updates reflecting changing international employment laws.
The company's investment in user experience design has been a distinguishing factor, with the platform consistently receiving positive feedback for its intuitive interface and streamlined onboarding processes.
Market Positioning and Competitive Response
As Skuad gained market traction, established players in the EOR space took notice. The platform's success prompted increased competition and innovation across the industry, ultimately benefiting businesses seeking global hiring solutions.
Skuad's approach of combining comprehensive geographic coverage with simplified user experience has influenced industry standards, with competitors subsequently investing in improving their own platform usability and expanding their geographic reach.
Current Status and Future Outlook
As of 2025, Skuad continues to expand its global footprint and enhance its service offerings. The platform now serves thousands of companies worldwide, from startups to enterprise organizations, facilitating international employment across diverse industries and geographic regions.
The company's evolution from a startup addressing a specific market gap to a recognized leader in global hiring platforms reflects the broader transformation of how businesses approach international talent acquisition in the modern economy.