StaffAny Gets Funding from East Ventures and a Number of Investors, Soon to Expand to Indonesia

East Ventures was involved in a series A funding round which StaffAny obtained for $3,4 million or 48,8 billion Rupiah. StaffAny is a solution provider startup for workforce managementt from Singapore.

In its official statement, StaffAny revealed that it would use this funding to scale up its business and team to the region, especially to the Indonesian and Malaysian markets.

Meanwhile, this funding was led by GGV Capital, also participating were a number of FreakOut Shinsei Fund investors, Far East Ventures, Farquhar Venture Capital, as well as several angel investors, including former Slack CFO Allen Shim.

For information, StaffAny offers solutions for workers blue necklace to optimize operational services real-time and integrated, improve performance, and cut costs through the development of a number of features, such as scheduling work time, tracking employee attendance, and submitting leave.

StaffAny Co-founder Janson Seah said, the need for digitalization workforce managementt among companies continues to increase, triggered by the implementation of the Work From Home (WFH) system during the Covid-19 pandemic.

"Companies are starting to realize that everything tools this helps drive [business] scale efficiently, as well as generates data that can improve operations and profitability," said Janson.

By 2021, StaffAny has successfully reached markets in seven countries, its solutions have helped track more than 11 million hours of work of employees and saved more than 350.000 hours of work.

Work flexibility during a pandemic

Survey Gartner revealed that the Covid-19 pandemic had a significant impact on the way and system of work that existed so far. The world's business leaders judge that workforce management become one of the elements to achieve success in the future.

Gartner also reports that workforce management full time traditionally or based in offices are considered outdated and no longer relevant to meet rapidly changing business needs.

As much 32% company considering replacing regular employees with contingent workers and gig To save the cost. Both offer flexibility against workforce management the greater one.

Not only that, the combination of workforce with AI, automation, and other advanced technologies is considered to have a major impact on more agile work management, scalable, and tenacious. Especially with the growing work from home system, employees can get work flexibility.

Based on reports ReportLinker, solution market workforce management in the world it is estimated to reach $ 3,5 trillion in 2020 and is projected to reach $ 3,86 trillion in 2021. With a CAGR of 8,68%, its value is estimated to increase to $ 6,38 trillion in 2027.