Glints, a Singapore-based leading talent ecosystem in Southeast Asia, announced that it raised $50 million in Series D funding.
The round was co-led by DCM Ventures, Lavender Hill Capital, and returning investor PERSOL Holdings, with participation from Endeavor Catalyst and existing investors including Monk’s Hill Ventures, Fresco Capital, and Binny Bansal, co-founder of Flipkart.
This Series D will serve as a springboard for greater success as Glint pursues its vision of assisting people and organizations in realizing their human potential.
Glint will use the new funds to enter the next phase of its operations and will make investments in the following areas:
>Market expansion into the Philippines and a growing global employer base.
>Glints team expansion, particularly in a product, engineering, and data.
>Product development with a focus on tools that assist our talent in building career capital.
As part of the investment, Lavender Hill Capital founding partner Xiaoyin Zhang and DCM Ventures general partner Ramon Zeng will join Glints’ board.
Company: Glints Pte Ltd
Raised: $50.0M
Round: Series D
Funding Month: Aug 2022
Lead Investors: DCM Ventures, Lavender Hill Capital, and PERSOL Holdings
Additional Investors: Endeavor Catalyst, Monk’s Hill Ventures, Fresco Capital, and Binny Bansal
Company Website: https://glints.com/
Software Category: Talent platform for career development and recruitment
About the Company: Founded in August 2013 by Oswald Yeo, Looi Qin En, and Seah Ying Cong and officially launched in 2015, Glints is the leading talent ecosystem in Southeast Asia. Its mission is to enable the 120 million professionals in the region to grow their careers and empower organizations to hire the right talent from anywhere in Southeast Asia. Officially launched in 2015 in Singapore, Glints has empowered more than 3 million talents and 50,000 organizations to realize their human potential. Today, Glints stand at the forefront of human capital empowerment as the fastest-growing startup in the career development and talent recruitment space. Glints currently operate in Indonesia, Malaysia, Singapore, Vietnam, Philippines, and Taiwan.
Source: https://employers.glints.com/en-sg/blog/glints-series-d-funding-announcement/