Omnify, a Global SaaS platform for small services business based out of San Francisco has announced the close of its Pre-Series A funding round led by AngelList Syndicate and Sequoia Scout, according to YourStory report.
Angel investors that took part in the funding round include Ramakant Sharma (Co-founder, LivSpace); Anand Chandrasekharan (Executive Vice President, Product Management and Design, Five9, Ex-Facebook); Dhruv Vohra (Director, Facebook); Ashish Tulsian (Co-founder and CEO, POSist); Adi Chugh (Founder and President – Maverick CP); and others.
Existing investors Rajan Anandan (Managing Director, Sequoia Capital); LD Sharma (Managing Director and CEO, Optimise Media Group India); Arjun Batra (Director, Rabyte Electronics Pvt Ltd), and a few others also took part in the funding round.
The SaaS startup plans to use the funding to grow its team, as well as invest in its product, technology, and growth.
Commenting on the development, Manik Mehta, Co-founder and CEO of Omnify, said, “The investment brings us a step closer to our goal of empowering service business owners around the world with a single platform, much like how Shopify did for ecommerce.”
Founded in 2016 by Kabandi Saikia and Manik Mehta, Omnify’s solution integrates with existing websites to power up online reservations, contactless liability forms, capacity management, and membership access management, among other features. It is used by over 5,000 businesses across 50 countries.
“Early this year, when most businesses struggled to stay afloat, we saw the opportunity to enable businesses to manage their capacities and build a hybrid online-offline model to survive the pandemic. We grew over 5x with the surge in demand and helped hundreds of businesses stay afloat and transition to adapt to the new normal,” said Co-founder and COO Kabandi Saikia.
Omnify has also brought onboard Nikhil Moorjani (Ex-VP of Consumer Business, HealthifyMe) as its Chief Growth Officer. It plans to invest in its product and technology stack to go deeper within categories, including hospitality, real estate, sports, and wellness, and expand its global footprint beyond North America.
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