Intelligent SME.tech Issue 51 | Page 57

// REGIONAL ROUND-UP //
AFRICA | APAC | EUROPE | MIDDLE EAST | NORTH AMERICA

OMNI HR SECURES US $ 7.4 MILLION FOR HR TECH EXPANSION

Asia-focused employee management platform , Omni HR , announced it has recently closed US $ 7.4 million in funding , bringing its total funding to date to US $ 9.8 million since its founding in 2021 by former Goldman Sachs executive , Brian Ip .

Currently serving hundreds of customers across Asia , with end-users spanning 79 countries , Omni solves a common pain point for companies operating within the region : the dilemma of choosing between global HR platforms that lack understanding and functionality of local needs or rigid legacy systems that lack modern capabilities .
Omni provides modern HR teams with both . A data-driven workspace to automate tasks , manage teams and handle multi-country payroll from a unified platform . Within its global

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ASIA HAS LONG BEEN OVERLOOKED IN THE HR TECH LANDSCAPE , FORCING COMPANIES TO CHOOSE BETWEEN GLOBAL PLATFORMS THAT LACK LOCALISATION OR LOCAL PLATFORMS THAT FAIL TO SCALE .
capabilities , Omni HR offers a unique focus on Asia-based teams , addressing the complexities of local regulations and cultural nuances that are often overlooked in the HRIS market .
The round was led by Picus Capital , with participation from Alpha JWC Ventures , January Capital and Ratio Ventures . Capitalising on its strong market traction – continuously growing in the double digits , month over month – Omni will use the funding to expand and further develop its product offerings across the Asia Pacific region and further scale up its localisation efforts , including the launch of multi-country payroll . Building what fast-growing companies operating in Asia truly need – sophisticated , flexible workflows that work seamlessly across borders while maintaining localisation for their modern workforce .
Rapid economic growth and business expansion within APAC – staggering estimates in a recent McKinsey report attribute 70 % of global post-pandemic economic growth to the region – underscores the critical need for HR solutions that cater to the region ’ s unique characteristics . As more businesses look to capitalise on this boom , navigating the complexities of managing a global workforce with regional nuances will prove to be a major HR challenge ; one that Omni HR is prepared to solve .
Since its establishment in 2021 , Omni HR has gained notable recognition within the HR tech space for improving data accuracy and automating HR workflows , landing a spot on both Forbes ’ and CNN ’ s best HR and HCM software lists in 2024 . The comprehensive HR management platform has helped optimise global workforce management – with nearly 70 % of their customers running multi-country teams – for a noteworthy list of customers over the course of their three year tenure , among of which are Asia ’ s leading digital wealth management platform , Endowus , Southeast Asia ’ s leading SME digital financing platform , Funding Societies , and Singapore government tripartite partner , HR professional body Institute for Human Resource Professionals ( IHRP ).
“ Asia has long been overlooked in the HR tech landscape , forcing companies to choose between global platforms that lack localisation or local platforms that fail to scale . We ’ re changing that by building natively for Asia , blending localised features with modern functionalities like automations and flexible workflows . Designed for the needs of modern , multicountry teams , we aim to be the foundational operating system for seamless and effective employee management ,” said Brian Ip , Founder & CEO , Omni HR . �
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