Remote Hiring Platform Omnipresent Closes $120M Series B
Remote work hiring platform Omnipresent has raised $120 million in a Series B funding round, the London company announced on its website Tuesday (March 22).
The company says it will use the money to expand its team, products and services, with plans to hire several hundred people this year and diversify its suite of products. In addition, Omnipresent says it will work on developing the OmniPlatform, its tech-enabled HR platform.
“Since we founded the business two years ago, the world of work has changed significantly; we’re currently experiencing a tectonic shift in the way businesses work and hire,” said Guenther Eisinger, Omnipresent’s co-founder and chief executive.
That shift is illustrated in PYMNTS’ research, which found that two-third of professionals in the U.S. now work remotely.
Learn more: Report: Remote is How Two-Thirds of US Professionals Now Work
Our research — gleaned from surveys of more than 2,500 consumers — found that work is no longer defined by five-times-a-week trips to the office. We found that more than half of consumers in the U.S. now split their workdays between working remotely at home and at the office, while 44% work from a space other than home.
In addition, the number of consumers who now work in a so-called “hybrid” environment, rather than in a traditional office space, has increased by 45% percent — or 70 million more people — since before the pandemic.
“The trend of remote, global work has been gathering pace, and Omnipresent is a catalyst for this change,” said Eisinger. “The proof is that our revenue grew 25x and our team by 10x in 2021. We’re helping companies break through barriers of international employment, empowering them to hire anyone, anywhere.”
Ominipresent’s Series B was led by Kinnevik, a European growth investor, and Tencent, the Chinese tech giant. Other investors included San Francisco-based Uncorrelated Ventures and returning investors Episode 1, Playfair Capital, and Truesight Ventures.