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Home Feature News

Omni HR startup bags US$7.4 million fresh injection

Syifa by Syifa
December 10, 2024
in Feature News, News
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Omni HR

credit by Omni HR

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Heaptalk, Jakarta — Singapore’s HR startup Omni HR secured a new investment of US$7.4 million led by Picus Capital. Several strategic investors, including Alpha JWC Ventures, January Capital, and Ratio Ventures, also back this round.

The company will allocate the fresh capital to expand across Asia Pacific, enhance our multi-country payroll capabilities—currently supporting 10+ countries across Asia Pacific, the US, and the UK—and further develop our product offerings to serve customers better.

According to the companies, Asian businesses face major HR obstacles. Existing global HR solutions are not designed for the region’s specific needs, and local solutions often lack modern capabilities. With nearly 70% of our clients having a global workforce, an Omni-focused HR platform is to close the existing gap.

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“Companies and executives are constantly presented with solutions and resources built under a Western lens; we wanted to create something for the region, by the area. Companies needed a modern platform that could handle the nuances of different countries while still offering robust data analytics and streamlined workflows,” Founder and CEO of Omni HR Brian Ip affirmed.

The team set out to build Omni after witnessing businesses’ dilemmas of choosing between clunky legacy systems and global platforms that overlooked local complexities. This flexible and holistic HR platform has global capabilities while uniquely focusing on Asia-based teams.

Since its inception in 2021, Omni HR has served hundreds of innovators across 79 countries. Clients include Asia’s digital wealth management platform Endowus, SEA’s SME digital financing platform Funding Societies, and Singapore’s government tripartite partner, the HR professional body Institute for Human Resource Professionals (iHRP). Around 60% of its clients have leveraged its advanced modules like Performance Management and Engagement, underscoring its commitment to providing a holistic HR solution that caters to the specific needs of Asian businesses.

“Their innovative, full-stack approach addresses critical pain points for organizations, enabling them to streamline operations and enhance employee experience. We firmly believe in their vision and the potential to set new benchmarks in the industry. This investment reflects our commitment to backing forward-thinking founders who are transforming the future of work,” said Nama Jhawar, Head of India and SEA at Picus Capital.

Tags: Omni HR

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