Glints banks US$50M Series D to expand its talent discovery platform to Philippines

Singapore-based online career discovery and development platform Glints has announced a US$50 million Series D raise co-led by DCM Ventures, Lavender Hill Capital, and returning investor PERSOL Holdings.

Endeavor Catalyst and existing investors, including Monk’s Hill Ventures, Fresco Capital, and Flipkart Co-Founder Binny Bansal, also joined.

This brings Glints’s total investment to date to over US$80 million.

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The startup will use the new capital to expand its talent supply base into the Philippines, its employer demand base globally, and its product and technology teams.

“Our mission at Glints is to empower the 120 million professionals in Southeast Asia to realise their human potential. We also believe that one’s career is a journey and an entire talent ecosystem needs to be built to support these talented professionals’ lifelong career development, not just once-off job matching,” said Co-Founder and CEO Oswald Yeo.

Launched in 2015 in Singapore, Glints is a talent ecosystem that helps professionals to grow their careers and empower organisations to hire the right talent from anywhere in the region. The firm claims to have empowered more than three million talents.

Glints is used by over 50,000 clients, including AIA, IKEA, GetGo, KKday, and Gameloft.

The company operates in Indonesia, Malaysia, Singapore, Vietnam, the Philippines, and Taiwan.

Per a press release, its annual revenue and gross profits grew 2.5x y-o-y. Its cross-border remote work business also continues to double as employers shift to a more borderless mindset, and employers globally are increasingly interested in hiring Southeast Asia talent.

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Remote cross-border job opportunities on Glints’s platform have grown more than 11x over the past two years. Its Indonesia and Vietnam markets are profitable.

As part of the investment, Xiaoyin Zhang, Founding Partner of Lavender Hill Capital and former Goldman Sachs TMT China Head, and Ramon Zeng, General Partner of DCM Ventures, join the board.

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