Atma, an Indonesian startup that wants to make job hunting less painful, announced today it has raised $5 million in pre-seed funding led by AC Ventures, with participation from Global Founders Capital. Strategic investors in the round included founders and executives from GoTo Group, Advance Intelligence Group, Ula, Lummo, Kopi Kenangan, Sampoerna Strategic, MMS Group and Xiami.
The funding will be used for hiring, with plans to expand Atma’s headcount from about 30 employees to 100, product development and its go-to-market strategy.Â
The platform targets the lower and middle-income segment of the working-age population in Indonesia, or people earning less than 10 million IDR a month (or about $700 USD). Atma says up to over 100 million people in Indonesia fit into …
