Omnipresent has raised $2m in a seed round led by Playfair Capital and Episode 1. The fundraise was closed within six weeks during the height of the pandemic with participation from investors including Entrepreneur First, Truesight Ventures, Charlie Songhurst, Andrew Goodman, Akash Gupta, Srin Madipalli and Ian Hogarth.
“Remote work is one of the great equalisers of our time,” said Matt Wilson, our co-founder and Co-CEO. “It allows people to secure employment opportunities from the best companies around the world, no matter where they were born or where they live. Yet, at a time when remote work is exploding, most companies are finding it operationally too complex, as well as prohibitively costly, to employ workers internationally. At Omnipresent, we’re centralising this complexity for our clients and offering them, and their remote workers, a simplified, cost effective and legally compliant employment experience.”
This financing will allow the company to even serve our their clients internationally distributed teams by extending coverage to 80 markets by the end of 2020, enabling them to meet the explosion in demand from companies wanting to employ their interjurisdictional remote workers in a legally compliant and cost effective manner.
Read more: Omnipresent Group Raises $2M in Seed Funding