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 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 the 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, multi-country teams, we aim to be the foundational operating system for seamless and effective employee management,” said Brian Ip, Founder & CEO, Omni HR.