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Ekrut closes pre-Series A funding led by Venturra Discovery

10 April 2019 13:29

JAKARTA - Human resources tech startup Ekrut has closed a pre-Series A funding round led by Venturra Discovery. The company did not disclose the amount of funds raised in the round.

New investors Azure Ventures and Bizreach Inc participated in the round, as well as existing investors such as East Ventures, Prasetia Dwidharma, and Skystar Capital.

Ekrut said the fresh funds would accelerate the startup’s growth and improve product and data science as well as growing its network of employers and talent across Indonesia. Currently the startup claims to host over 2,700 employers and 120,000 highly skilled prospective employees in its database as well as serving various companies, including unicorns such as Tokopedia and Go-Jek.

“It is ironic that the hiring process of highly skilled mid-to-top level managers is still very manual, with an especially difficult sorting mechanism to effectively highlight good candidates,” said Venturra Discovery managing partner Raditya Pramana as quoted by DealStreet Asia, Wednesday (10/4).

“It requires a unique and specialised solution that provides candidate classifications based on identifiers for tech capabilities, which we believe Ekrut has.” (MS)

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