Omni HR, the Singapore-based employee-management platform has obtained funds to the tune of $7.4 million. The funding round was led by Picus Capital, while Ratio Ventures, Alpha JWC Ventures and January Capital were the other participants.
The startup will use the funds to expand its presence across the Asia Pacific. It plans to scale up operations, develop its product offerings and launch multi-country payroll. In July of 2022, the platform had closed $2.4 million in a pre-seed funding round, which as an oversubscribed. The round was led by Alpha JWC Ventures and Picus Capital, while other participants included FEBE Ventures, Basis Set Ventures and Ratio Ventures.
The company, has managed to obtain a total of $9.8 million in funding since it was founded in 2021 by Brian Ip, ex-executive, Goldman Sachs and YC Chan, a data engineer.
The software-as-a-service platform offers flexible workflows that work irrespective of borders even without losing focus on localisation. It integrates modern and localised features so that employees are managed seamlessly across teams working in multiple countries.
While its end-users span almost 80 countries, it is already benefitting hundreds of clients across Asia with their full-stack approach that helps organisations streamline their operations and improve employee experience. Most of its clients are wealth-management and digital-financing platforms.
Its user-friendly platform currently offers features to automate manual HR processes from multi-country payroll to performance management, while integrating with renowned office productivity suites.
