Glints, one of Southeast Asia’s largest talent development and recruitment platforms, recently announced that it has raised $50 million in an oversubscribed Series D round co-led by DCM Ventures, Lavender Hill Capital and returning investor PERSOL Holdings.
As part of the investment, Lavender Hill Capital founding partner Xiaoyin Zhang and DCM Ventures general partner Ramon Zeng, will join Glints’ board.
With this fresh capital, the Singaporean startup plans to expand its talent supply base in the Philippines and employer demand globally and hiring for its product and tech teams.
Founded in 2013 by Oswald Yeo, Looi Qin En and Seah Ying, Glints bridges the gap between education and employment by being a professional platform for young people focused on career discovery and development. The platform helps young people discover their passions and develop the relevant career skills, while empowering employers to attract the right talent more effectively. It’s leadership team is an amalgamation of deep expertise, experience and passion for the tech industry and human capital.
Glints is on a mission to enable the 120 million professionals in the region to grow their careers and empower organizations to hire the right talent from anywhere in Southeast Asia. Today, it stands at the forefront of human capital empowerment as the fastest-growing startup in the career development and talent recruitment space.
According to Oswald Yeo, the company is focusing on the Philippines because of “its large and fast-growing international workforce.
Professionals can grow in their careers through its career discovery and development platforms such as Glints ExpertClass and Glints JobSearch, as well as enjoy job discovery on-the-go with the Glints Mobile App. For employers, the platform’s comprehensive end-to-end talent solutions including Glints Recruitment, Glints Managed Talent and Glints JobSearch enables them to hire anyone, anywhere in Southeast Asia, both locally or remotely.
Glints claims to have 3 million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. The company also claims that its annual revenue and gross profits grew 2.5x year-over-year, continuing its trend of annual revenue growing at a triple-digit percentage. It is backed by the strongest technology and human capital investors and advisors in Asia including Monk’s Hill Ventures, DCM Ventures, Lavender Hill Capital, HRnetGroup, PERSOL Holdings, Wavemaker Partners, as well as founders and executives from Flipkart, Goldman Sachs, JD.com, Stripe, and more.
Last year in April, Glints had raised $22.5 million in Series C funding led by Japanese human resources management firm PERSOL Holdings. The startup’s latest funding brings its total raised to $80 million.