Omni HR, a Singapore-based HR automation platform, announced that it closed $4 million in oversubscribed pre-seed funding.
The round was co-led by Alpha JWC Ventures and Picus Capital, with participation from FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures.
This round was also supported by some prominent angel investors including former executives at Namely and Ultimate Software.
With the new funding, the company will further enhance its all-in-one product offering, including the launch of a recruitment module by Q3 and a performance management module by Q4, respectively.
Company: People Intelligence Singapore Pte. Ltd.
Raised: $4.0M
Round: pre-Seed
Funding Month: July 2022
Lead Investors: Alpha JWC Ventures and Picus Capital
Additional Investors: FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Frances Kang at Horizons Ventures
Company Website: https://omnihr.co/
Software Category: HR automation platform
About the Company: Founded in 2021 by former Goldman Sachs executive Brian Ip and experienced data engineer YC Chan, Omni HR is a software-as-a-service company that provides a seamless employee management system to help companies digitize and automate the end-to-end HR processes in a single platform. Since its soft launch in March 2022, Omni HR has been adopted by several companies to automate manual HR processes such as employee onboarding, time-off management, and document management. The company is now coming out of its stealth mode and is ready to expand across the region, starting with Singapore and Indonesia.
Source: https://omnihr.co/omni-hr-raises-2-4m-in-pre-seed-funding/