JobHopin, Vietnamese startup that wants to make job hunting easier, raises $2.45 million

Investors in the startup include SEMA Translink, KK Fund, Mynavi Corporation, Edulab Capital Partners, NKC Asia, and Canaan Capital. Local angel investors, including the CEO of investment bank HSC and the CEO of Forbes Vietnam, have also backed the company.

The recruitment platform has a database of more than 1.4 million job candidates derived from online databases and 2,000 enterprise clients in Vietnam. It provides real-time market data analysis of salaries, talent supply and hiring demand.

The company was founded in 2017 by CEO Kevin Tung Nguyen, who had studied and worked in US for 14 years.

The company which says there are about 60 million knowledge economy workers in Southeast Asia and about 108 million job placements a year witnessed 300% year-on-year revenue growth in 2018.

Recruitment is a function that affects more than 570 million workers in the region, but the process has remained substantially unchanged over the years, while there are about 108  million job placements a year in Southeast Asia.

In November 2018, the tech startup raised $710,000 in a seed round from KK Fund and Mynavi Corporation. Around the time, the startup said it has served over 500,000 jobseekers and 2,000 local enterprises.