Human resource technology company, Ekrut on Tuesday said it has raised an undisclosed seed investment from East Ventures, Indonesia-based early stage VC that invests in companies across Asia and US.
The company is expected to use the undisclosed funds for growing the business. “Ekrut has managed strong revenue growth at 100 percent month-on-month and is aimed to disrupt the headhunting industry in the region,” according to a company announcement.
Ekrut was founded in September 2016 by Steven Suliawan, an entrepreneur in residence at East Ventures, who ran a loyalty-program startup before founding Ekrut.
Ekrut allows employers to get high caliber talent during their hiring process. With the help of technology, Ekrut’s platform is expected to speed up the whole process of headhunting.
“Traditionally, in headhunting, the whole process until an offer is sent takes about eight weeks. Using the right technology and marketplace model, offer letter delivery can be reduced to about four weeks,” said Suliawan,…