Omni HR Raises $7.4M in Series A

Omni HR has successfully raised $7.4M in a Series A at a $40M valuation led by Picus Capital, Vulcan Capital.

Company Overview

Omni HR is a HR Tech company headquartered in Singapore, founded in 2019 with 60+ employees.

Cloud-based HR management platform for payroll and workforce management

Fundraising Details

• Amount Raised: $7.4M
• Round Type: Series A
• Valuation: $40M
• Date: 2024-12-13
• Investors: Picus Capital, Vulcan Capital

About Omni HR

Cloud-based HR management platform for payroll and workforce management The company is positioned in the HR Tech sector, serving a growing market with innovative solutions.

Key Information

• Headquarters: Singapore
• Founded: 2019
• Team Size: 60+
• Industry: HR Tech

What This Means

This funding round demonstrates strong investor confidence in Omni HR's vision and execution. The capital will likely be used to:

• Scale Operations: Expand the team and operational capacity
• Product Development: Enhance existing products and develop new features
• Market Expansion: Enter new markets and strengthen presence in existing ones
• Technology Investment: Invest in infrastructure and technology capabilities

Industry Context

The HR Tech sector continues to attract significant investment as companies innovate to meet evolving market demands. Omni HR's successful fundraising reflects the strong fundamentals and growth potential in this space.

Valuation Milestone

Reaching a $40M valuation marks an important milestone for Omni HR, positioning the company among notable players in the HR Tech industry.

Looking Ahead

With this new capital, Omni HR is well-positioned to execute on its growth strategy and continue building innovative solutions in the HR Tech space. The company's trajectory will be one to watch as it deploys this funding to achieve its next phase of growth.

This fundraising news was reported on 2024-12-13. For more information about Omni HR, visit their headquarters at Singapore.