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New Deal


Announced

Completed

Kinnevik led a $120m Series B funding round in Omnipresent.

Financials

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Transaction Value£91m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Private Equity

Friendly

Productivity Software

Software

Completed

Private

Minority

United Kingdom

Acquisition

Cross Border

Synopsis

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Kinnevik, a Swedish investment company, led a $120m Series B funding round in Omnipresent, a provider of human resource and onboarding services, with participation from Tencent and Uncorrelated Ventures. “The world is seeing a tectonic shift in the way businesses work and hire: from local-first to global- and remote-first. Omnipresent is catalyzing and accelerating this change. Every day, we see companies gaining from a global pool of the best talent, and employees benefiting from new access to career opportunities worldwide - regardless of where they live," Matthew Wilson, Omnipresent Co-Founder and Co-CEO.

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