Sampingan, an online platform for on-demand independent workers in Indonesia, announced today it has closed a Series A round of US$5 million led by Altara Ventures.
Golden Gate Ventures, Antler, Access Ventures, XA Network and iSeed SEA also joined the round.
“This funding will be allocated to the improvement of products for both the workers and businesses and reach more customers with our suite of business offerings,” said Wisnu Nugrahadi, CEO and co-founder of Sampingan.
Launched in January 2019, Sampingan (which directly translates to side-job in Bahasa) aims to empower independent blue-collar workers by giving them equal access to jobs and opportunities.
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The platform aims to make it easier for companies to find and manage their workers while providing equal opportunities for workers in Indonesia.
It mainly has three offerings: Sampingan Manpower, a service where companies can hire workers for various positions from more than 850,000 workers, while Sampingan handles the administrative process, including the staffing and the payroll.
Sampingan Solutions is a service where Sampingan manages various business process activities from project planning to the final report. These activities range from field force management, crowdsourcing, and market research.
Sampingan Systems provides various SaaS for companies to source or manage their workforce. Companies can source their workers through Sampingan Systems Bursa Kerja, a job listing platform, and manage workers through Sampingan Systems Kerjaan, a workforce management software with performance trackers, attendance sheets, and customizable data dashboard.
Currently, Sampingan has more than 850,000 workers in 80 cities connected through the platform, called Kawan Sampingan, serving over 100 Indonesian enterprises.
“Sampingan is defining the future of work in Southeast Asia. The 2010s unleashed the on-demand ‘gig economy’ on consumer services, and the 2020s will expand this into the realm of businesses. Sampingan has matched thousands of Indonesian freelancers with jobs in areas like logistics, supply chain, and local services using their technology platform,” said Gavin Teo, General Partner of Altara Ventures.
The need for Sampingan’s workforce solution has accelerated amidst the pandemic.
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According to the Indonesian Central Bureau of Statistics (Badan Pusat Statistik), there are 29.12 million people that have been affected by the pandemic, both due to dismissals and reduction of working hours and wages. Sampingan has become an alternative to seeking full-time employment as well as an avenue to obtain additional income.
The company claims it saw a substantial increase in the number of partners joined its platform from March to December 2020, and the number of downloads for the mobile app has grown four times since the pandemic.
As of December 2020, the app has seen more than one million downloads.
In October 2019, Sampingan secured US$1.5 million in pre-Series A round of financing, led by Golden Gate Ventures.
Sampingan was part of Antler’s Singapore 2019 programme.
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Image Credit: Sampingan
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