Atma, an Indonesian startup that wishes to make job searching much less painful, introduced right this moment 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 will likely be used for hiring, with plans to broaden Atma’s headcount from about 30 workers to 100, product growth 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 vp of driver earnings at Gojek.
Tan advised Avisionews that a part of his duties at GoJek included enhancing drivers’ livelihoods in a sustainable approach. Throughout the peak of the pandemic, driver earnings dropped by 80% on common. In consequence, Tan started on the lookout for different approach for drivers to make income. Throughout that point, he stated, “I found that drivers usually needed earnings stability extra so than greater earnings.” Intrigued, he started to take a look at the financial alternative panorama for the decrease and center earnings phase.
“It quickly grew to become obvious to me that the job marketplace for the decrease and center earnings 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}, abilities and cultural match. Atma’s app may also present them with real-time job software updates, so job seekers don’t endure being ghosted after submitting an software. For employers, Atma makes the hiring course of simpler by utilizing information to display, assess and kind candidates so that they know the most effective folks to interview.
Atma may also embrace neighborhood options, like profession growth applications, peer-to-peer studying and the possibility to fulfill with different job seekers.