3 years ago
Omnipresent Secures €108 Million to Transform Global Hiring for Businesses
UK-based global employment platform Omnipresent has raised over €108 million in a Series B funding round led by Kinnevik and Tencent
The company plans to use the funds to expand its product offerings, customer base, and geographic reach
Omnipresent's platform simplifies global hiring for businesses by managing compliance, payroll, and other HR functions in over 160 countries.
ProblemHRtech
"Companies struggle to manage hiring, payroll, expenses, and benefits for employees working in different countries, dealing with local labor laws, payroll taxes, and employee benefits."
Solution
"Omnipresent provides a digital platform and SaaS product, the OmniPlatform, to manage employee onboarding through to offboarding in over 160 countries and regions worldwide, handling compliance, payroll, expenses, and benefits."