KarirLab, an Indonesia-based online platform that connects students and campuses with employers, has announced seed funding from Alpha JWC and M Venture Partners, with participation from angel investors.
KarirLab said in a statement on Monday that the pre-nursery round will enable KarirLab to accelerate its product development, expand its team, and forge strategic partnerships with leading universities and employers.
Funding will also drive improvements to the KarirLab platform, ensuring a seamless student and employer experience to meet the evolving needs of the job market.
With the support of this pre-seed round, KarirLab says it is well positioned to revolutionize the career management platform and drive meaningful change in the higher education and employment sectors.
Companies are now actively seeking to integrate the latest AI-based innovations and forge strategic partnerships to develop a more personalized career development platform.
According to the statement, the company aims to become the number one career service platform for job seekers in Indonesia, targeting millions of active university students, polytechnics and other higher education institutions as well as recent graduates.
“Early career hiring difficulties are a pain point experienced by many. With this pre-seed round, KarirLab is positioned to fulfill our potential in partnering with universities and companies on a large scale,
“We are excited to empower the next generation of young professionals and revolutionize career services and management in Indonesia to encourage more quality graduates and career opportunities,” said Tessa Saraswati, Co-Founder and Chief Executive Officer of KarirLab.
Until the first half of 2023, KarirLab has registered hundreds of thousands of users and has posted thousands of jobs from hundreds of different organizations throughout Indonesia.
The company has organized various live and virtual career events in collaboration with universities with a combined 20,000+ students participating, such as KarirFest by KarirLab and UI Career Internship Scholarship Expo 2023, and various partnerships with the government, employers and leading universities in Indonesia.
KarirLab is an online platform that connects students and universities with employers in Indonesia.
The firm bridges the gap between student, university and employer ecosystems by providing a comprehensive and efficient career development and management platform.
The firm was founded by Tessa Saraswati, Stephanus Wicardo, and William Surya Wijaya, who collectively believe that every student from every background should have access and resources to help them build a solid foundation in navigating the job market, such as having an effective resume and professional branding, as early as possible.
Headquartered in Jakarta, this platform has reach across the country, a new economy with 8 million active students.
The firm aims to provide first-time job candidates from every background with access and resources to help them build a solid foundation in navigating the job market.
It offers products for individual profile evaluation, ATS-friendly resume builder, curated job portals, and career and talent management.
KarirLab was incubated at Yale University in 2021 and is an active supporter of the Indonesian Ministry of Education & Culture’s Independent Campus and the Ministry of Labor’s TalentHub program.
“As Indonesia enters a demographic bonus period, KarirLab is strategically positioned to be a driving force in shaping the future of the modern Indonesian talent ecosystem,” said Jefrey Joe, General Partner Alpha JWC.
According to him, KarirLab’s comprehensive and streamlined approach places the company in a prime position to connect millions of students and universities by advancing and serving as a growth partner for career services, effectively bridging critical gaps in the talent market.
By giving students from various backgrounds access to resources to build a strong foundation in navigating the job market, he said KarirLab is poised to make a lasting impact.
“We are very proud of our investment in KarirLab’s pre-nursery round, empowering them to accelerate product development, expand their team, and forge strategic partnerships.
“Through this effort, KarirLab will pave the way for a smoother and more efficient talent ecosystem in Indonesia,” he added.
Mayank Parekh, Founding Partner of M Venture Partners (MVP), also said that KarirLab is solving big problems for millions of young unemployed people in Indonesia.
“The team had unique insights gleaned from their past experiences, and they leveraged that to build a technology-enabled platform that breaks down barriers between students, career centers, and employers through proprietary careers services and on-campus recruiting software,” he added.
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