Omni HR Secures Undisclosed Funding from Picus Capital
Deal News | Dec 04, 2024 | Aim Group
Singapore-based HRTech startup, Omni HR, has announced it has secured an undisclosed amount of funding from Munich-based Picus Capital. Omni HR, known for its software which automates essential HR functions including payroll, onboarding, and performance reviews, aims to enhance its offerings and expand its market presence with this fresh capital infusion. This investment underscores the growing interest in HR technology solutions that streamline operational efficiencies for businesses worldwide. Despite the specifics of the deal remaining confidential, the partnership with Picus Capital marks a significant milestone for Omni HR in navigating the competitive HRTech landscape.
Sectors
- HRTech
- Venture Capital
Geography
- Singapore – Omni HR is based in Singapore, indicating the company's operational location and market focus.
- Germany – Picus Capital is based in Munich, Germany, representing the geographical reach and diversity of its investment strategy.
Industry
- HRTech – The HRTech industry is focused on developing technology solutions for managing human resources processes. Omni HR operates within this sector by providing automation solutions for tasks like payroll and performance reviews.
- Venture Capital – Venture Capital involves investing in early-stage companies. Picus Capital is a venture capital firm investing in startups like Omni HR.
Financials
- Undisclosed – The amount of funding raised by Omni HR from Picus Capital has not been disclosed.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Omni HR | Target Company | Company | A Singapore-based HRTech startup that automates essential HR functions. |
| Picus Capital | Investor | Company | A Munich-based venture capital firm that invests in early-stage companies worldwide. |