Business

Indonesia’s community-powered social job platform Atma nets US$5M pre-seed funding



Atma, a community-powered social job platform in Indonesia, has introduced US$5 million in an oversubscribed pre-seed spherical of funding led by AC Ventures with participation from World Founders Capital.

The founders and executives of GoTo Group, Advance Intelligence Group, Ula, Lummo, Kopi Kenangan, Sampoerna Strategic, MMS Group and Xiaomi additionally joined.

The startup plans to make use of the cash to boost its product, execute a go-to-market technique, and develop the staff.

Atma was based in 2022 by Edy Tan (ex-Chief of Driver at Gojek), Chris Gunawan (Co-Founding father of RestoDepot and Product Government at Vara), Susan Suhargo (ex-Strategic Initiatives at Tencent and Regional Advertising and marketing at Gojek), Tim Younger (ex-investor at Atlas Asset Administration and Fastened Revenue Dealer at HSBC; and Monica Oudang (Chairperson of YABB – GoTo Basis).

Additionally Learn: Why cross-skilling is important for jobs of the long run (Half 2)

The enterprise focuses on fixing ache factors throughout the decrease and middle-income job phase and intends to construct an end-to-end ecosystem that features a job market, an upskilling institute and a community-based help system.

In accordance with Atma, the present job market in Indonesia has pervasive inefficiency. Corporations expertise a number of weeks of lead time from the second they submit an open place till it receives any certified candidates. Poor recruitment processes from producing leads, screening CVs, and conducting interviews end in candidates having extraordinarily detrimental experiences or no responses.

The identical job search and candidate search experiences haven’t benefited from efficient innovation. Atma sees an enormous alternative for product options at scale to redefine the present job search and candidate search experiences.

“Job seekers within the decrease and middle-income phase describe their job search expertise as emotionally traumatising, whereas corporations typically describe their candidate search expertise as a random stroll. In Atma, we’re constructing a product to redefine these experiences by overhauling present dated techniques with a first-principle strategy. Simplicity, interactivity, sociability, personalisation, and gamification would be the core components of our product,” stated Atma CEO Edy Tan.

“Over 100 million energetic employees within the decrease to intermediate stage earnings bracket face important inefficiencies in looking for the fitting job that matches their skillsets and preferences. Atma goes to assist employees discover the fitting jobs extra simply and supply them with profession development alternatives by taking extra certifications or coaching. Additionally they assist employers display screen for candidates with extra related {qualifications}. Atma will redefine the job-seeking expertise and assist candidates improve their potential,” stated Michael Soerijadji, Founder and Managing Associate of AC Ventures.

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