KarirLab Raises Pre-Sponsored Funding Led by Alpha JWC Ventures and M Venture Partners

CareerLab pocketed pre-seed funding led by Alpha JWC Ventures and M Venture Partners, as well as participation from angel investors, with an undisclosed name. This funding will be used to develop products, strengthen teams, and establish strategic partnerships with leading universities and companies.

This funding will also be used to improve the performance of the KarirLab platform for a better user experience seamless pattern to meet the needs of the evolving labor market.

KarirLab is an online platform that connects students, universities and companies. This platform was founded by Tessa Saraswati, Stephanus Wicardo, and William Surya Wijaya. In the first half of 2023, KarirLab said it had hundreds of thousands of users and uploaded thousands of jobs from hundreds of different organizations throughout Indonesia.

"With this funding, KarirLab can fulfill our potential to partner with universities and companies on a large scale. We are quite excited to empower the next generation of workers and revolutionize career management services in Indonesia to encourage more graduates and quality career opportunities," said Co-Founder and CEO of KarirLab Tessa Saraswati in her official statement.

KarirLab bridges the ecosystem of students, universities and companies by providing a comprehensive and efficient career development and management platform. KarirLab offers a variety of products, such as profile evaluation services, ATS (Applicant Tracking System) friendly resume creation, curated job vacancy portals, and career management services.

"We are optimistic about our investment in the pre-start phase of KarirLab. They can accelerate product development, strengthen their team, and establish partnerships with strategic partners. By doing so, KarirLab will pave the way for a more comprehensive and efficient HR ecosystem in Indonesia, " added JWC Alpha General Partner Jeffrey Joe.

"MVP is proud to support KarirLab, a platform that connects students to the world of work, which aims to increase student employability and improve the process of recruiting career starters for companies," said Founding Partner M Venture Partners (MVP) Mayank Parekh.

Target B2B and B2C segments

In today's competitive job market, college graduates face the challenge of finding job opportunities that match their skills, interests and career goals. Likewise, companies that are constrained to find talented candidates who have the skills, knowledge, and enthusiasm that their organization needs.

Thus, the job vacancy portal platform has become a valuable resource that allows companies to connect with a large number of candidates fresh graduates. KarirLab revealed that its goal is to become the number one career service platform for work beginners in Indonesia, targeting millions of active students at universities, polytechnics and other higher education institutions as well as new graduates.

Targeting the B2B and B2C segments, KarirLab has several excellent features that can be used by companies and prospective job seekers. Specifically for B2B, they include the Career Management Platform, Career Fair Management Platform, and the Early Talent Platform. Meanwhile for B2C there are several excellent products such as Power Resume Builder, Power Resume Evaluation, KarirClass, CompanyTalk and Job Vacancies Portal.

Headquartered in Jakarta, KarirLab has now spread throughout Indonesia and is growing with eight million active students. KarirLab's goal is for all students from every background to have access and resources to help them build a solid foundation in exploring the market and the world of work.

KarirLab is also currently active in integrating the latest AI-based innovations and establishing strategic partnerships to present a more personalized career development platform. Platforms that offer similar services include, Kinobi, Top Career Indonesia, Recruit.