The career platform Glints raised $22.5 million in a Series C funding round led by Japanese human resources management firm PERSOL Holdings to expand in Singapore, Indonesia, Vietnam, and Taiwan and hiring for its product and engineering teams.
Other investors previously invested in the Singapore-based company, and include Monk’s Hill Ventures, Fresco Capital, Mindworks Ventures, Wavemaker Partners, Flipkart co-founder Binny Bansal, and former Goldman Sachs TMT China head and partner Xiaoyin Zhang. This funding round is the largest one to date for Glints, which raised a total of $33 million.
The startup was founded in 2013 and since then, it has been used by more than 1.5 million professionals and 30,000 organizations like Gojek, Tokopedia, Starbucks, and Mediacorp. The marketplace has more than 7,000 active listings and 4 million visitors each month.
Besides the professional marketplace, Glints offers those who want to advance their careers a “full-stack” of services – community features, skills education, and online classes.
At the moment, most of the platform’s current users are from the tech and financial services sectors. Glints is trying to help companies, especially in tech, deal with the regional talent shortage, which they analyzed in “The Southeast Asia Tech Talent Compensation Report”.
The coronavirus pandemic made employers more open to hiring remotely, resolving the talent shortage problem via job marketplaces like Glints. Because of that, the company’s cross-border remote work hub, TalentHub, doubled its business in 2020.