This is the Omnipresent pitch deck to raise a $2m seed round in 2020.
About
Omnipresent provides a human resource and onboarding platform designed to help companies employ remote-working local teams worldwide. It handles local employment compliance, payroll, human resource support, and benefits for international teams, enabling clients to productively hire and manage full-time personnel internationally.
Omnipresent, a “one stop shop” for remote employment, has raised a $2 million seed round led by investors Playfair Capital and Episode 1.
The pandemic is creating a long-term shift towards flexible working that is likely to mean many more small-and-medium-sized businesses need to navigate employment relationships with remote workers across multiple jurisdictions.
Omnipresent helps these companies sort out payroll, taxes, and benefits, as well as employment contracts for their remote workforce.
“Running a global business, one that spans multiple different geographies and jurisdictions, is a real bureaucratic mess,” cofounder Matthew Wilson told Business Insider. “We’re cutting away all that complexity for our customers using a combination of legal, operational, and financial infrastructure, in addition to an end-to-end software platform.”
Cofounders Wilson and Guenther Eisinger, an ex-Austrian special forces agent, started Omnipresent after meeting through startup accelerator Entrepreneur First in November 2019.
They set out to raise the $2 million seed round remotely in March just as countries went into lockdown, after raising a pre-seed round from Entrepreneur First in January.
High investor interest meant they closed in just six weeks.
“We were really convinced that there was going to be this longer-term shift towards remote working [because of] some of the macro trends around the increased competition for talent in the tech centers and the increased quality of communication and ways of working for remote teams,” says Wilson.
Funding rounds
Announced Date | Transaction Name | Number of Investors | Money Raised | Lead Investors |
Jan 22, 2021 | Series A – Omnipresent | 4 | $15.8M | — |
Aug 11, 2020 | Seed Round – Omnipresent | 9 | $2M | Episode 1, Playfair Capital |
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Deck Collection
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