{"id":556,"date":"2021-04-06T07:55:00","date_gmt":"2021-04-05T23:55:00","guid":{"rendered":"https:\/\/glints.com\/sg\/inside\/?p=556"},"modified":"2022-08-26T18:57:35","modified_gmt":"2022-08-26T10:57:35","slug":"glints-raises-us22m-funding","status":"publish","type":"post","link":"https:\/\/glints.com\/sg\/inside\/glints-raises-us22m-funding\/","title":{"rendered":"New funding, new beginnings – getting more done to empower the 120 million professionals in SEA"},"content":{"rendered":"\n

Like for many startups out there, 2020 was a challenging year for Glints. <\/p>\n\n\n\n

Fortunately, thanks to some market tailwinds for our products and the hard work of the Glints team, by year-end, we managed to scale up to having over 4 million professionals visit Glints\u2019 platform every month in pursuit of career development, and have served the talent needs of over 35,000 employers across the region to-date.<\/p>\n\n\n\n

We also see growth in our annual revenue by more than 100%, continuing the trend of annual revenues growing at triple-digit percentages annually for the past 3 years. <\/p>\n\n\n\n

We are now also happy to announce the close of US$22.5 Million in an oversubscribed round led by Tokyo-listed PERSOL Holdings, marking the largest investment round into a career platform in Southeast Asia. <\/p>\n\n\n\n

The funding round is joined by returning investors Monk\u2019s Hill Ventures, Wavemaker Partners, Fresco Capital, Mindworks Ventures, Wavemaker Partners, and other top investors including Binny Bansal (co-founder of Flipkart) and Xiaoyin Zhang (Ex Goldman Sachs TMT China Head & Partner who brought Tencent, Baidu, and Alibaba public). <\/p>\n\n\n\n

Beginners\u2019 Mindset – Less than 1% done<\/strong><\/h3>\n\n\n\n

Despite growing more than 100% in the past year, we are still less than 1% done. <\/p>\n\n\n\n

We are huge fans of the term \u201cBeginners\u2019 Mindset\u201d at Glints (it is one of our cultural values), and believe that we are just at the beginning of a long growth journey. <\/p>\n\n\n\n

There are more than 120 million professionals in Southeast Asia, with millions more entering the workforce every year. As the largest talent platform for career development and recruitment in Southeast Asia, Glints is here to empower the 120 million and growing professionals in the region and to solve the regional talent crunch. <\/p>\n\n\n\n

The next 10x & the way forward: Building a full-stack talent ecosystem to accelerate the future of work and talent in SEA<\/strong><\/h3>\n\n\n\n

With the pandemic accelerating the future of work and causing big changes in the labour market, our mission to empower the 120 million professionals in Southeast Asia is more important than ever. Existing solutions like transactional job portals and traditional recruiters only provide part of the solution. We are scaling Glints to support  Southeast Asian professionals in their career discovery and development and to solve the regional talent crunch for employers.<\/p>\n\n\n\n

We have evolved from \u201cshallow\u201d job matching into a \u201cdeep\u201d full-stack talent platform with vertical integration of community, skills education, and job features that support professionals looking to grow in their careers. Over the past 18 months, we have launched:<\/p>\n\n\n\n