NodeFlair, a Singapore-based career advancement platform for tech talents, announced Thursday that it has raised $2 million Series A funding.
The round was led by Iterative with participation from 500 Global and PERSOL VENTURE PARTNERS, the corporate venture capital arm of human resource management group PERSOL, NodeFlair said in a statement.
Prominent angel investors Quek Siu Rui (Chief Executive Officer [CEO] and Co-Founder of Carousell), JJ Chai (CEO and Co-Founder of Rainforest), and Siew Kum Hong (Former Chief Operating Officer of AirBnB China) also participated.
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.
“Asia is home to many strong technical talents, and we’re seeing rapidly growing interest from United States and European Union 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,” said Ethan Ang, Co-Founder Chief Executive Officer of NodeFlair.
NodeFlair is a career advancement platform providing payslip-verified salary data and detailed career information for roles across all levels of seniority.
The platform empowers 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.
NodeFlair currently supports companies of any scale, from startups to businesses like ByteDance, Dyson, Shopee, and more.
Founded in 2018 in Singapore by Ethan Ang and Adrian Goh, the company has since grown to 40 employees across Southeast Asia.
“NodeFlair is transforming tech recruitment by bringing greater transparency and equality,
“Their role is essential in building towards a sustainable and impactful tech ecosystem that supports economic and societal development, and I’m proud to be part of NodeFlair’s journey,” said Hsu Ken Ooi, Managing Partner and Co-Founder of Iterative.
NodeFlair aims to create a world where developers can code where they love, thrive in their careers wherever they are located, and be a part of a more informed and empowered workforce.
The firm’s Tech Salary Report 2023, which includes analysis based on over 170,000 salary data points, received over 5,500 downloads, and was referenced by more than 50 publications in the first half of 2023.
90 percent of the platform’s 2 million annual visitors discover NodeFlair organically through media coverage, search engines or word-of-mouth.
“The team at NodeFlair is building an innovative and valuable resource for talent recruitment,
“By combining NodeFlair’s data-driven platform with PERSOL’s expertise in talent acquisition, I’m confident our partnership will accelerate the growth of Asia’s tech industries,” said Shingo Ishida, Partner and Head of Asia Pacific (APAC) at PERSOL VENTURE PARTNERS.