Brief: Malaysian job search app raises six-figure sum via crowdfunding

Photo credit: Wobb.

Wobb is a Malaysia-based jobs app that offers users a peek into what they will likely experience in their new workplace. The company aims to help job seekers discover companies with great culture before sending in their applications.

Competitors: Refersjob.my, Jobstreet, Scoot, Jobi, TribeHired, Startup Jobs Asia, Wowintro, MauKerja

How it compares to competitors: Unlike other job portals that only give limited information about the companies that are hiring, Wobb says job hunters on its app are able to view office interior and even get a closer look at their future coworkers.

Traction 

Wobb currently has a database of around 60,000 job seekers. The company also claims to have generated more than US$469,000 in revenue since its 2016 inception. 

Funding details

Amount raised: US$398,300
Lead investor: Cradle Fund, a Malaysian government agency investing in startups
Other investors: Crowdfunding participants on PitchIN
Investment type: Equity
Purpose: For scaling up Wobb’s business in Malaysia and further product development
Total disclosed funding to date: US$398,300

Converted from Malaysian Ringgit. Rate: US$1 = MYR 4.27.

This post Brief: Malaysian job search app raises six-figure sum via crowdfunding appeared first on Tech in Asia.

from Tech in Asia https://www.techinasia.com/malaysia-wobb-crowdfunding
via IFTTT