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Jobs platform CakeResume will get $5 million in recent funding

CakeResume, utilized by tech corporations like Google, Nvidia and TSMC to seek out new expertise, introduced at this time it has raised $5 million in Collection A funding. The spherical was led by returning investor Mynavi, one in all Japan’s largest human sources corporations, and might be used to broaden in nations like Indonesia, Vietnam and India. Primarily based in Taipei, Taiwan, CakeResume at the moment has 5 million customers around the globe, and greater than 7,000 purchasers who use it to supply job candidates.

Since TechCrunch final coated CakeResume in August 2020, it has grown from 20 staff to greater than 100. The platform has seen a number of traction in Indonesia, the place it now has 1.8 million customers, and likewise has important consumer bases in Taiwan and India. It focuses on tech jobs, however covers different industries like fast-moving client items and design.

Founder Trantor Liu informed TechCrunch that one of many methods CakeResume differentiates from different job websites like LinkedIn is the flexibility to construct multimedia resumes, so individuals like software program engineers and designers can exhibit their work. Job seekers are capable of customise pictures, movies and fonts and embed iframes. Some examples of how customers reap the benefits of the multimedia resume builder are software program engineers embedding tasks from GitHub and designers embedding knowledge visualizations.

A part of the funding might be used so as to add networking instruments, together with a brand new function on CakeResume’s cellular app referred to as “Expertise Community” that lets customers swipe on the profiles of individuals they need to meet. That is supposed to make it simpler for individuals to fulfill headhunters, job seekers and mentors.

CakeResume has additionally been engaged on a AI expertise advice engine for the previous couple of years. It’s meant to cut back the period of time corporations and recruiters spend sourcing candidates by 40% to 50%. For instance, a recruiter can inform the engine they need to rent a senior Java engineer in Indonesia for a wage of $60,000 to $70,000, and it’ll return potential candidates.

The funding will even be used to assist CakeResume’s progress in Southeast Asia, with a concentrate on onboarding extra corporations from Indonesia.

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