Online job matching platform WorkVenture has raised $420,000 in a seed funding round participated by several investors including Thai businessmen Songphon Chaovanayothin, and Sommaphat Traisorat, reports said.

Through its own algorithm called “WorkScore”, WorkVenture is able to help both job seekers and hiring companies connect and match with each other in terms of availability, requirements, qualifications, salary, location, among others.

Also Read: PH startup Kalibrr raises $2m in funding round led by Y-Combinator
Founded in 2014, WorkVenture is a Thai social enterprise led by a team of Chulalongkorn University & Sasin graduates.

It provides opportunities handpicked from the largest and most prospective local and multinational companies in Thailand.

Formerly known as JobNisit, the startup’s portal now reportedly has 500 signed up hiring companies, with an average of 400,000 monthly visitors.

Also Read: French startup StarOfService launches services marketplace in Philippines

The portal carries interactive content where job seekers can learn about the company culture, through pictures and reviews.

WorkVenture’s business model is to charge fees from employers who post their annoucements and other contents, but is free for job applicants.

Source link

DEALSTREETASIA Pte. Ltd. is a news and intelligence platform providing international and regional investors insight into some of Asia’s most opaque markets. Our financial news site www.dealstreetasia.com reports on investments, mergers, acquisitions, private equity, venture capital, investment banking and the business of startups across the Asian region.

Read more at: http://www.dealstreetasia.com/about-us/

About the author

DEALSTREETASIA Pte. Ltd. is a news and intelligence platform providing reports on investments, mergers, acquisitions, private equity, venture capital, investment banking and the business of startups across the Asian region.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

JD.com to cease operations in Thailand and Indonesia

Local websites showed JD.com will end its services in Thailand from March 3 and in Indonesia from the end of the same month. Both units will stop taking orders on February 15.

Thailand and China Launch Joint E-Commerce Training Program

Data showed over 2,000 Thai vocational school teachers and students have participated in the e-commerce training programs since they were introduced in 2021.

Google Bard AI Chatbot Now Available in Thailand

You might ask Google Bard to give you tips to improve your writing skills, explain machine learning in simple terms or spark your creativity by outlining a blog post.