Atma, an Indonesian startup that wishes to make job looking much less painful, introduced as we speak it has raised $5 million in pre-seed funding led by AC Ventures, with participation from World Founders Capital. Strategic buyers 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 might be used for hiring, with plans to increase 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 vice chairman of driver revenue at Gojek.
Tan informed TechCrunch that a part of his obligations at GoJek included enhancing drivers’ livelihoods in a sustainable manner. Throughout the peak of the pandemic, driver revenue dropped by 80% on common. Because of this, Tan started searching for different manner for drivers to make income. Throughout that point, he mentioned, “I found that drivers typically wished revenue stability extra so than increased 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 essentially damaged and ripe for innovation when most job seekers described their job search expertise as emotionally traumatizing and corporations usually described their candidate search expertise as a random stroll,” he mentioned.
For job seekers, Atma is constructing a cellular 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 even 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 in order that they know the very best folks to interview.
Atma may even embody neighborhood options, like profession growth packages, peer-to-peer studying and the prospect to fulfill with different job seekers.