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Startup That Helps Hire Staff Raises $120 Million

  • Omnipresent helps bring on global workers in remote-work era
  • Companies see the benefit of tapping talent around the world
Corrected

When Omnipresent was founded in late 2019, the startup had no idea a global pandemic was about to validate its business model helping companies hire and support staff abroad.

Covid-19 ushered in the era of remote work and many companies shifted their approach to hiring, realizing the benefit of being able to tap global talent. Omnipresent, which helps companies navigate compliance, health insurance, pensions and paid leave for employees based overseas, saw revenue increase 25 times in 2021, according to the company. It raised $120 million in a recent funding round and plans to use the proceeds in part to hire several hundred more employees to meet surging demand.