Left to right: NodeFlair co-founders Ethan Ang and Adrian Goh
NodeFlair, a Singapore-based career advancement platform for tech talents, announced today that it has raised US$2 million Series A funding.
The funding round was led by Iterative with participation from 500 Global and PERSOL VENTURE PARTNERS, the corporate venture capital arm of HR management group PERSOL.
Prominent angel investors Quek Siu Rui (CEO & Co-founder of Carousell), JJ Chai (CEO & Co-founder of Rainforest), and Siew Kum Hong (Former COO of AirBnB China) also participated in the funding round.
The new funding will be used to accelerate product development, expand into new markets across Southeast Asia, and grow the team. NodeFlair aims to reach profitability by 2024.
Also Read: How AnyMind Group achieved profitability through its approach to human resource and leadership
NodeFlair provides payslip-verified salary data and detailed career information for roles across all levels of seniority. The platform aims to empower global tech talents to make smarter career decisions, as well as allows international employers to hire the right people faster by connecting them with highly qualified professionals across Asia.
It currently supports companies of any scale, from startups to tech giants such as ByteDance, Dyson, and Shopee.
Founded in 2018, recently released a Tech Salary Report 2023, which includes analysis based on over 170,000 salary data points.
The company announced that it received over 5,500 downloads and was referenced by more than 50 publications in the first half of 2023. It also stated that 90 per cent of the platform’s two million annual visitors discover NodeFlair organically through media coverage, search engines or word-of-mouth.
Ethan Ang, Co-Founder CEO of NodeFlair, shared: “Asia is home to many strong technical talents, and we’re seeing rapidly growing interest from US and EU companies in setting up technology hubs here. We believe tech professionals and companies deserve greater access to reliable, accurate data and NodeFlair is a win-win platform for both job seekers and employers in the fast-growing tech sector.”
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Image Credit: NodeFlair
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