 |
Multi-country HR platform Omni HR secures USD 7.4mn to fuel demand for localized HR solutions across APAC.
SINGAPORE, Dec. 9, 2024 /PRNewswire/ -- Asia-focused employee management platform, Omni HR, today announced it has recently closed USD 7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.
Currently serving hundreds of customers across Asia, with end users spanning 79 countries, Omni solves a common pain point for companies operating within the region: the dilemma of choosing between global HR platforms that lack understanding and functionality of local needs, or rigid legacy systems that lack modern capabilities.
Omni provides modern HR teams with both. A data-driven workspace to automate tasks, manage teams, and handle multi-country payroll from a unified platform. Within its global capabilities, Omni HR offers a unique focus on Asia-based teams, addressing the complexities of local regulations and cultural nuances that are often overlooked in the HRIS market.
The round was led by Picus Capital, with participation from Alpha JWC Ventures, January Capital, and Ratio Ventures. Capitalizing on its strong market traction—continuously growing in the double digits, month over month—Omni will use the funding to expand and further develop its product offerings across the Asia Pacific region and further scale up its localization efforts, including the launch of multi-country payroll. Building what fast-growing companies operating in Asia truly need—sophisticated, flexible workflows that work seamlessly across borders while maintaining localization for their modern workforce.
Rapid economic growth and business expansion within the APAC—staggering estimates in a recent McKinsey report attribute 70% of global post-pandemic economic growth to the region—underscores the critical need for HR solutions that cater to the region's unique characteristics. As more businesses look to capitalize on this boom, navigating the complexities of managing a global workforce with regional nuances will prove to be a major HR challenge; one that Omni HR is prepared to solve.
Since its establishment in 2021, Omni HR has gained notable recognition within the HR tech space for improving data accuracy and automating HR workflows, landing a spot on both Forbes' and CNN's best HR and HCM software lists in 2024. The comprehensive HR management platform has helped optimize global workforce management—with nearly 70% of their customers running multi-country teams—for a noteworthy list of customers over the course of their 3 year tenure, among of which are Asia's leading digital wealth management platform Endowus, Southeast Asia's leading SME digital financing platform Funding Societies, and Singapore government tripartite partner, HR professional body Institute for Human Resource Professionals (IHRP).
"Asia has long been overlooked in the HR tech landscape, forcing companies to choose between global platforms that lack localization or local platforms that fail to scale. We're changing that by building natively for Asia, blending localized features with modern functionalities like automations and flexible workflows. Designed for the needs of modern, multi-country teams, we aim to be the foundational operating system for seamless and effective employee management." - Brian Ip, Founder & CEO, Omni HR
"We at Picus Capital are thrilled to partner with Omni HR as they revolutionize the HR tech landscape. Their innovative, full-stack approach addresses critical pain points for organizations, enabling them to streamline their operations and enhance employee experience. We firmly believe in their vision and the potential to set new benchmarks in the industry. This investment reflects our commitment to backing forward-thinking founders who are transforming the future of work." - Naman Jhawar, Partner – Head of India & SEA, Picus Capital
"As one of Omni HR's early partners, we at Alpha JWC Ventures have had the privilege of witnessing their growth and commitment to transforming workforce management. Omni's ability to combine localization with innovation by providing users with one of the industry's most integrated and easy-to-use HR platforms has set them apart in the industry. We are proud to deepen our partnership as they expand regionally, continuing to push the boundaries of what's possible in HR tech." - Jefrey Joe, Co-Founder & General Partner, Alpha JWC Ventures
Omni HR is a software-as-a-service company that provides a unified, data-driven workspace for modern People teams to automate HR tasks, manage teams, and handle multi-country payroll from a single platform. Omni's global reach and customizable offerings streamline HR team's evolving needs, ensuring compliance and actionable insights alongside growth. Its platform currently offers features to automate manual HR processes from multi-country payroll to performance management, while integrating with renowned office productivity suites. Founded in 2021, Omni HR is expanding across Asia Pacific, bringing comprehensive HR solutions to modern, growing teams. For more information, please visit www.omnihr.co.
Picus Capital is a global venture capital company with headquarters in Munich and offices in New York, Berlin, London, Bangalore, and São Paulo. Picus predominantly invests in early-stage rounds and focuses on technology companies in FinTech, enterprise infrastructure, enterprise application, GenAI, cybersecurity, energy & climate, and healthcare. As an entrepreneurial sparring partner, Picus Capital pursues a long-term investment philosophy and supports founders from the ideation phase to the IPO and beyond. For more information, please visit www.picuscap.com.
Alpha JWC Ventures is an early to growth-stage Southeast Asian venture capital firm. Its debut fund was launched in 2016 as Indonesia's first independent and institutional early-stage venture capital fund. Over the years, Alpha JWC has established a strong reputation and clear positioning in the market as the leading venture capital firm with one of the region's largest on-the-ground teams and a global network. The firm currently manages around US$ 650 million AUM – the largest early-stage fund in Southeast Asia – and 80+ active portfolio companies across Southeast Asia. For more information, please visit https://www.alphajwc.com.
Multi-country HR platform Omni HR secures USD 7.4mn to fuel demand for localized HR solutions across APAC.
SINGAPORE, Dec. 9, 2024 /PRNewswire/ -- Asia-focused employee management platform, Omni HR, today announced it has recently closed USD 7.4 million in funding, bringing its total funding to date to $9.8 million since its founding in 2021 by former Goldman Sachs executive Brian Ip.
Currently serving hundreds of customers across Asia, with end users spanning 79 countries, Omni solves a common pain point for companies operating within the region: the dilemma of choosing between global HR platforms that lack understanding and functionality of local needs, or rigid legacy systems that lack modern capabilities.
Omni provides modern HR teams with both. A data-driven workspace to automate tasks, manage teams, and handle multi-country payroll from a unified platform. Within its global capabilities, Omni HR offers a unique focus on Asia-based teams, addressing the complexities of local regulations and cultural nuances that are often overlooked in the HRIS market.
The round was led by Picus Capital, with participation from Alpha JWC Ventures, January Capital, and Ratio Ventures. Capitalizing on its strong market traction—continuously growing in the double digits, month over month—Omni will use the funding to expand and further develop its product offerings across the Asia Pacific region and further scale up its localization efforts, including the launch of multi-country payroll. Building what fast-growing companies operating in Asia truly need—sophisticated, flexible workflows that work seamlessly across borders while maintaining localization for their modern workforce.
Rapid economic growth and business expansion within the APAC—staggering estimates in a recent McKinsey report attribute 70% of global post-pandemic economic growth to the region—underscores the critical need for HR solutions that cater to the region's unique characteristics. As more businesses look to capitalize on this boom, navigating the complexities of managing a global workforce with regional nuances will prove to be a major HR challenge; one that Omni HR is prepared to solve.
Since its establishment in 2021, Omni HR has gained notable recognition within the HR tech space for improving data accuracy and automating HR workflows, landing a spot on both Forbes' and CNN's best HR and HCM software lists in 2024. The comprehensive HR management platform has helped optimize global workforce management—with nearly 70% of their customers running multi-country teams—for a noteworthy list of customers over the course of their 3 year tenure, among of which are Asia's leading digital wealth management platform Endowus, Southeast Asia's leading SME digital financing platform Funding Societies, and Singapore government tripartite partner, HR professional body Institute for Human Resource Professionals (IHRP).
"Asia has long been overlooked in the HR tech landscape, forcing companies to choose between global platforms that lack localization or local platforms that fail to scale. We're changing that by building natively for Asia, blending localized features with modern functionalities like automations and flexible workflows. Designed for the needs of modern, multi-country teams, we aim to be the foundational operating system for seamless and effective employee management." - Brian Ip, Founder & CEO, Omni HR
"We at Picus Capital are thrilled to partner with Omni HR as they revolutionize the HR tech landscape. Their innovative, full-stack approach addresses critical pain points for organizations, enabling them to streamline their operations and enhance employee experience. We firmly believe in their vision and the potential to set new benchmarks in the industry. This investment reflects our commitment to backing forward-thinking founders who are transforming the future of work." - Naman Jhawar, Partner – Head of India & SEA, Picus Capital
"As one of Omni HR's early partners, we at Alpha JWC Ventures have had the privilege of witnessing their growth and commitment to transforming workforce management. Omni's ability to combine localization with innovation by providing users with one of the industry's most integrated and easy-to-use HR platforms has set them apart in the industry. We are proud to deepen our partnership as they expand regionally, continuing to push the boundaries of what's possible in HR tech." - Jefrey Joe, Co-Founder & General Partner, Alpha JWC Ventures
Omni HR is a software-as-a-service company that provides a unified, data-driven workspace for modern People teams to automate HR tasks, manage teams, and handle multi-country payroll from a single platform. Omni's global reach and customizable offerings streamline HR team's evolving needs, ensuring compliance and actionable insights alongside growth. Its platform currently offers features to automate manual HR processes from multi-country payroll to performance management, while integrating with renowned office productivity suites. Founded in 2021, Omni HR is expanding across Asia Pacific, bringing comprehensive HR solutions to modern, growing teams. For more information, please visit www.omnihr.co.
Picus Capital is a global venture capital company with headquarters in Munich and offices in New York, Berlin, London, Bangalore, and São Paulo. Picus predominantly invests in early-stage rounds and focuses on technology companies in FinTech, enterprise infrastructure, enterprise application, GenAI, cybersecurity, energy & climate, and healthcare. As an entrepreneurial sparring partner, Picus Capital pursues a long-term investment philosophy and supports founders from the ideation phase to the IPO and beyond. For more information, please visit www.picuscap.com.
Alpha JWC Ventures is an early to growth-stage Southeast Asian venture capital firm. Its debut fund was launched in 2016 as Indonesia's first independent and institutional early-stage venture capital fund. Over the years, Alpha JWC has established a strong reputation and clear positioning in the market as the leading venture capital firm with one of the region's largest on-the-ground teams and a global network. The firm currently manages around US$ 650 million AUM – the largest early-stage fund in Southeast Asia – and 80+ active portfolio companies across Southeast Asia. For more information, please visit https://www.alphajwc.com.
** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **
Building Asia's Future: Omni HR Secures $7.4mn for HR Tech Expansion
|
- Will collaborate with the Vietnamese government and educational institutions to train construction equipment professionals
- Plans to provide comprehensive support and technical expertise for the entire process leading to WorldSkills Shanghai in September
- "Committed to fostering young technical talent and bolstering industrial competitiveness in Vietnam."
SEOUL, South Korea, April 5, 2026 /PRNewswire/ -- HD Construction Equipment, the intermediary holding company of HD Hyundai's construction equipment business, will be expanding its commitment to nurturing global technical talent in the construction machinery sector by supporting Vietnam's national team for WorldSkills.
HD Construction Equipment announced on Sunday, April 5 that it signed a tripartite Memorandum of Understanding (MOU) in Hanoi with the Directorate of Vocational Education and Training, or DVET, under the Vietnamese Ministry of Labour, Invalids and Social Affairs, and the Central College of Transport No. 1 (CCT1), a local vocational training college. The agreement aims to support Vietnam's participation in the WorldSkills competition.
Under this agreement, HD Construction Equipment will assist with the entire process—from training to competition entry—for the Vietnamese national representative competing in the Heavy Vehicle Maintenance category at WorldSkills Shanghai 2026, scheduled for this September.
The company plans to offer comprehensive technical training to Nguyen Xuan Khanh, who was selected as the national representative last year. Furthermore, the company will cover all expenses related to this training, including airfare, registration fees, and accommodation, in order to create an optimal environment for the competitor to maximize his performance.
In July of last year, HD Construction Equipment signed an MOU with CCT1, which includes the Green and Smart Construction Equipment Talent Project. This initiative is part of the Korea International Cooperation Agency (KOICA)'s inclusive business program. The collaboration aims to support the development of smart equipment in Vietnam and to create localized training curricula.
The company has deepened its commitment to Vietnam through a series of key initiatives, including hosting government officials and instructors for training in October, supporting national skills trials in November, and awarding scholarships.
An official from HD Construction Equipment stated, "This collaboration is not just a one-time event; it is part of our commitment to sustainable, locally integrated business practices. We will continue to foster Vietnam's young technical talents, helping them compete on the global stage."
- Will collaborate with the Vietnamese government and educational institutions to train construction equipment professionals
- Plans to provide comprehensive support and technical expertise for the entire process leading to WorldSkills Shanghai in September
- "Committed to fostering young technical talent and bolstering industrial competitiveness in Vietnam."
SEOUL, South Korea, April 5, 2026 /PRNewswire/ -- HD Construction Equipment, the intermediary holding company of HD Hyundai's construction equipment business, will be expanding its commitment to nurturing global technical talent in the construction machinery sector by supporting Vietnam's national team for WorldSkills.
HD Construction Equipment announced on Sunday, April 5 that it signed a tripartite Memorandum of Understanding (MOU) in Hanoi with the Directorate of Vocational Education and Training, or DVET, under the Vietnamese Ministry of Labour, Invalids and Social Affairs, and the Central College of Transport No. 1 (CCT1), a local vocational training college. The agreement aims to support Vietnam's participation in the WorldSkills competition.
Under this agreement, HD Construction Equipment will assist with the entire process—from training to competition entry—for the Vietnamese national representative competing in the Heavy Vehicle Maintenance category at WorldSkills Shanghai 2026, scheduled for this September.
The company plans to offer comprehensive technical training to Nguyen Xuan Khanh, who was selected as the national representative last year. Furthermore, the company will cover all expenses related to this training, including airfare, registration fees, and accommodation, in order to create an optimal environment for the competitor to maximize his performance.
In July of last year, HD Construction Equipment signed an MOU with CCT1, which includes the Green and Smart Construction Equipment Talent Project. This initiative is part of the Korea International Cooperation Agency (KOICA)'s inclusive business program. The collaboration aims to support the development of smart equipment in Vietnam and to create localized training curricula.
The company has deepened its commitment to Vietnam through a series of key initiatives, including hosting government officials and instructors for training in October, supporting national skills trials in November, and awarding scholarships.
An official from HD Construction Equipment stated, "This collaboration is not just a one-time event; it is part of our commitment to sustainable, locally integrated business practices. We will continue to foster Vietnam's young technical talents, helping them compete on the global stage."
** This press release is distributed by PR Newswire through automated distribution system, for which the client assumes full responsibility. **
HD Construction Equipment to Support Training for Vietnam's National WorldSkills Team