Omnipresent
Financials
Estimates*
USD | 2021 |
---|---|
Revenues | 25.2m |
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
$2.0m | Seed | ||
* | $15.8m | Series A | |
* | $120m | Series B | |
Total Funding | CAD188m |
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Recent News about Omnipresent
EditOmnipresent is a startup that operates in the global human resources (HR) market, providing comprehensive HR services to businesses. Their services include handling payroll, benefits, compliance, taxes, and administrative work. They also automate repetitive tasks such as drafting local employment contracts and payroll calculations. This means they take over the time-consuming HR tasks, allowing businesses to focus on their core operations.
Omnipresent serves a wide range of clients, from startups to established businesses, who are looking to hire and manage employees globally. They have proven particularly useful in the era of remote work, where businesses are increasingly looking to hire talent from around the world. For instance, they helped Cube, a tech company, onboard an engineering employee in Canada, handling the complex Canadian payroll system and compliance requirements.
Their business model is based on providing these HR services for a fee. By taking over the HR functions of a company, they save businesses the time and effort of managing these tasks themselves. This is particularly valuable for companies with employees in multiple countries, where managing HR can become complex and time-consuming.
Omnipresent has recently raised $120 million in funding, indicating strong investor confidence in their business model and growth potential. They have consistently delivered on their promises, with clients praising their responsiveness and ability to handle employee needs across all time zones.
Keywords: Global HR services, Payroll, Compliance, Taxes, Administrative work, Automation, Remote work, Global hiring, Investor confidence, Responsive service.