Omni HR Secures $7.4M Funding to Propel HRTech Innovation
Deal News | Dec 10, 2024 | Aim Group
Omni HR, a Singapore-based HRTech startup, has successfully secured $7.4 million in a funding round aimed at advancing its innovative technological solutions for the human resources sector. The funding round was spearheaded by Alpha JWC Ventures and Picus Capital, reflecting significant confidence from leading venture capitalists in the region. Other prominent investors participating include FEBE Ventures, Basis Set Ventures, Ratio Ventures, and Horizons Ventures. This investment marks a substantial development in the HRTech industry in Singapore, pointing to increasing digital transformation and technological advancements within human resource management. Omni HR's solutions offer a promising enhancement of HR operations through technology that could have far-reaching implications for businesses aiming to streamline their administrative processes.
Sectors
- HR Technology
- Venture Capital
Geography
- Singapore – Omni HR is a Singapore-based startup, thus, the geographical focus pertains to the thriving tech-innovation environment in Singapore.
Industry
- HR Technology – The article is focused on Omni HR, a startup in the HRTech sector, aiming to innovate and digitize human resources processes.
- Venture Capital – The article details a significant investment from various venture capital firms into a Singaporean startup, highlighting ongoing interest and funding activity within the VC sector.
Financials
- $7,400,000 – The total amount of capital raised by Omni HR in this funding round.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Omni HR | Target company | Company | A Singapore-based startup specializing in HR technology. |
| Alpha JWC Ventures | Leading investor | Company | A venture capital firm leading the latest investment round in Omni HR. |
| Picus Capital | Co-investor | Company | A venture capital firm co-leading the funding round for Omni HR. |
| FEBE Ventures | Investor | Company | A participating venture capital firm in the funding round for Omni HR. |
| Basis Set Ventures | Investor | Company | A participant in the funding round supporting Omni HR. |
| Ratio Ventures | Investor | Company | One of the venture firms contributing to the funding of Omni HR. |
| Horizons Ventures | Investor | Company | A venture capital firm involved in the investment round for Omni HR. |