Atma, an Indonesian startup that desires to make job searching much less painful, introduced immediately it has raised $5 million in pre-seed funding led by AC Ventures, with participation from World Founders Capital. Strategic traders within the spherical included founders and executives from GoTo Group, Advance Intelligence Group, Ula, Lummo, Kopi Kenangan, Sampoerna Strategic, MMS Group and Xiami.
The funding shall be used for hiring, with plans to increase Atma’s headcount from about 30 workers to 100, product improvement and its go-to-market technique.
The platform targets the decrease and middle-income phase of the working-age inhabitants in Indonesia, or folks incomes lower than 10 million IDR a month (or about $700 USD). Atma says as much as over 100 million folks in Indonesia match into this class.
Edy Tan, co-founder and CEO of Atma, previously labored as vice chairman of driver revenue at Gojek.
Tan advised TechCrunch that a part of his obligations at GoJek included bettering drivers’ livelihoods in a sustainable means. Throughout the peak of the pandemic, driver revenue dropped by 80% on common. Because of this, Tan started in search of different means for drivers to make income. Throughout that point, he stated, “I found that drivers typically needed revenue stability extra so than larger revenue.” Intrigued, he started to take a look at the financial alternative panorama for the decrease and center revenue phase.
“It quickly turned obvious to me that the job marketplace for the decrease and center revenue phase is basically damaged and ripe for innovation when most job seekers described their job search expertise as emotionally traumatizing and corporations typically described their candidate search expertise as a random stroll,” he stated.
For job seekers, Atma is constructing a cell app. Once they begin making use of for jobs, job seekers will undergo a screening course of, together with their {qualifications}, expertise and cultural match. Atma’s app can even present them with real-time job software updates, so job seekers don’t undergo being ghosted after submitting an software. For employers, Atma makes the hiring course of simpler by utilizing knowledge to display, assess and type candidates so that they know the very best folks to interview.
Atma can even embrace group options, like profession improvement applications, peer-to-peer studying and the possibility to satisfy with different job seekers.
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