Singapore-based HR automation platform Omni HR has announced closing an oversubscribed pre-seed funding round of US$2.4 million co-led by Alpha JWC Ventures and Picus Capital.
FEBE Ventures, Basis Set Ventures, Ratio Ventures, Frances Kang at Horizons Ventures, and several prominent angel investors, including former executives at Namely and Ultimate Software, also participated.
With the new funding, Omni HR will further enhance its all-in-one product offering, including launching a recruitment module by Q3 and a performance management module by Q4.
Founded in 2021 by Brian Ip and YC Chan, Omni HR provides a system that helps companies digitise and automate the end-to-end employee lifecycle on a single platform. It enables organisations to digitise employee records, automate administrative tasks, and interact employee data across different systems.
Also Read: Human capital is the biggest enabler of digital transformation. Here’s how to enhance it
Omni HR believes that with the ongoing digital transformation and software adoption trends in Southeast Asia, its platform will ultimately become an important piece of software infrastructure for the region.
The company is ready to expand across Southeast Asia, starting with Singapore and Indonesia.
“Most companies in Southeast Asia are currently using local HR software that supports only basic admin functions, leaving many HR processes to be done manually. Meanwhile, HR software is one of the software categories that require the most localisation due to the differing employment rules in different countries. This effectively creates a unique opportunity for local players to build a modern, scalable employee management platform based out of Southeast Asia,” said Co-Founder Ip.
—
Fundraising or preparing your startup for fundraising? Build your investor network, search from 400+ SEA investors on e27, and get connected or get insights regarding fundraising. Try e27 Pro for free today.
The post Omni HR raises US$2.4M in pre-seed money to digitise employee management in SEA appeared first on e27.