Workspace software as a service provider Omnipresent has closed a £ 90.7m Tier B ($ 120m) funding round to signal continued investor interest in remote working tools.
The latest round was led by Swedish investment firm Kinnevik and Chinese technology giant Tencent. San Francisco-based Uncorrelated Ventures also participated.
Founded in 2019, Omnipresent provides a platform for hiring and onboarding remote staff located in various parts of the world.
The London-based start-up firm pulled out during the pandemic transition to remote working.
Its service includes the provision of employee contracts designed to meet the various specifications and standards of the territory from which they work, and the management of expenses across different currencies and the general running of staff operating internationally.
‘Tectonic transfer’ at work and in employment
Omnipresent will use the new funds to expand the company’s global reach and build new products and services. They also plan to hire hundreds more employees this year to augment their entire remote staff.
“There is a tectonic change in the world in the way businesses operate and employ: from first place locally to first world and remotely,” said Matthew Wilson, co-founder and co-CEO of Omnipresent.
“This change is being encouraged and accelerated by omnipresent. Every day, we see companies taking advantage of a global pool of the best talent, and employees taking advantage of new access to career opportunities around the world – no matter where they live. ”
Omnipresent co – founder and co – CEO Guenther Eisinger said: “There are challenges to operating globally, from dealing with local labor laws to payroll taxes and employee benefits.
“Omnipresent helps solve these complexities and acts as a partner to help companies advance globally. We are here to provide the expertise, support and guidance they need to be able to employ international talent anywhere in the world. ”
Remote working recruitment platform Omnipresent closes £ 90.7m funding
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