SaaS recruitment platform Manatal raises $5.1 million in funding to transform hiring globally
The startup is transforming how SMEs recruit by using an AI-powered Applicant Tracking System, allowing companies to hire faster, better and save costs
LONDON, UK - News Direct - 10 February 2022 - Recruitment and onboarding SaaS platform Manatal today announced they have closed US$5.1 million in seed funding from Sequoia India's Surge alongside angel investors. This funding round comes as the company is quickly scaling. They have placed close to 100,000 people in jobs since 2019 and are used in over 130 countries. Revenues have grown 3x every year.
"Manatal was designed to hire faster and better in a world where getting the best talents is critical for any company's success. With Manatal, companies can now match the perfect fit for positions they are recruiting for in minutes. We're proud of the success the platform has seen and are looking forward to further expanding our global reach", shared Co-Founder and CEO of Manatal, Jeremy Fichet.
Manatal was founded in January 2019 by Jeremy Fichet (French) and Yassine Bel Mamoun (Moroccan) in Bangkok, Thailand. Jeremy has held senior positions in companies like Cdiscount, Orami and Groupon for over 15 years. Yassine has worked as an IT Consultant at Agility Factory, Data Scientist at Orami and served as a Quantitative Research Analyst at BNP Paribas.
Manatal is part of Surge's sixth cohort of 20 companies that build fresher, smarter solutions to help consumers and businesses adapt to a changing world.
Manatal is a Bangkok-based end-to-end recruitment and onboarding SaaS platform on a mission to transform how the world recruits. Manatal helps companies onboard in minutes and leverage the latest technologies to win the war for talent.
For more information, please visit https://www.manatal.com/
Surge is Sequoia India's rapid scale-up program for startups in India and Southeast Asia. Surge combines $1 million to $2 million of seed capital with company-building workshops, a global curriculum and support from a community of exceptional mentors and founders. The program's goal is to supercharge early-stage startups and give founders an unfair advantage, right out of the gate. For more information on Surge, visit www.surgeahead.com.
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