The staff at Helpster. (Photo Courtesy of Helpster)
Thai Startup Raises US$2.1M to Improve Hiring Platform
NOVEMBER 14, 2016
Jakarta. Thailand-based startup Helpster announced a seed funding round worth $2.1 million on Monday (14/11) coming from strategic investors including Convergence Ventures and Wavemaker Partners.
The funding will be used to accelerate the startup's product development and fund its recent expansion into Indonesia.
Founded in January 2016, Helpster connects businesses in food and beverage, hospitality, events and logistics industries to a large network of curated and verified workers available for both permanent and temporary employment.
The service is highly relevant in Southeast Asia, where there are over a 100 million people working in blue collar jobs in the services industry, according to co-founder and chief executive of Helpster, Mathew Ward.
According to Ward, many businesses in these sectors cite hiring and staffing as their biggest challenges when running their businesses.
Helpster becomes a solution for them, as it enables employers to find qualified staff in a quick and cost-efficient manner.
"Traditional methods such as job boards or agencies weren't fast enough and just didn't deliver the quality of workers they required. Helpster is changing that," Ward said.
With increasing smartphone and internet penetration in Helpster's target industries, the services they provide could prove beneficial, as they improve the overall efficiency of the labor market in Southeast Asia.
Especially so in countries like Thailand and Indonesia, where both the food and beverages and hospitality sectors are fast growing.
Helpster was launched in Thailand in April of this year. The company recently hired former head of GrabTaxi in Thailand, Pear Moskwa, as its new Thailand chief executive.