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Omnify Raises Pre-Series A from Various Marquee Angel Investors

Omnify Raises Pre-Series A from Various Marquee Angel Investors
Omnify Raises Pre-Series A from Various Marquee Angel Investors

Omnify, a global SaaS platform for businesses of all sizes including sports, recreational, and fitness industry announced the close of its pre-series. Sequoia Scout and AngelList Syndicate led the funding round with contribution from marquee angel investors like Anand Chandrasekaran, Ramakant Sharma, Ashish Tulsian, Adi Chugh, Dhruv Vohra, and others. Arjun Batra, Rajan Ananda, LD Sharma, and a few others are previous investors.

Co-founded by Kabandi Saikia and Manik Mehta in 2016, the company observes a lack of software that combines, business operations, reservations, and payments in one platform. Developed with a product-first approach, Omnify went through various pivots to deliver a solution that can work across numerous categories like clubs, hospitality, sports institutions, recreational facilities, wellness, and individual coaches.

The CEO and Co-founder of Omnify, Kabandi Saikia, claimed that while many businesses struggled to stay afloat, early this year, Omnify saw the opportunity to allow businesses to manage their capabilities and develop a hybrid online-offline model to survive the COViD-19 pandemic. Omnify grew over 5 times its size with a surge in demand and supported thousands of businesses to stay afloat and adapt to the new normal. Omnify witnessed extraordinary demand from Country Clubs, HOAs, Condo Complexes, Recreation Centers, and Community Centers across the world as the lockdown measures eased with capacity management guidelines. The enterprise supported thousands of such facilities to open and operate safely during the pandemic.

Omnify has coupled a technology stack with a lean team that takes it on to the world stage. It integrates easily with existing websites to power up Contactless Liability forms, Online reservations, Membership Access Management, Capacity Management, along with a few other features. Over 5,000 businesses in more than 50 countries across the globe use Omnify.

The company plans to use the capital for growing the team, investing in the product, technology, and growth. The CEO & Co-Founder, Manik Mehta expressed his excitement about welcoming such an honored group of angel investors to be a part of Omnify’s journey. He stated that the investment takes them a step closer to their goal of empowering service business owners across the globe with a single platform.

Source: https://www.prnewswire.com/news-releases/global-saas-venture-omnify-raises-pre-series-a-from-marquee-angel-investors-across-india-and-the-us-301148693.html
 

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A qualified computer graduate, Bhushan Tambe always nurtured a passion for words. Post his education, he decided to transform his penchant of penning down poetry and stories into a full-time career. Presently, Bhushan writes numerous articles for cuereport.com and a few other websites, on subjects spanning business, finance, and the like.