Published On: Tue, Aug 11th, 2020

CakeResume, that wants to turn Asia’s largest tech talent pool, raises $900,000 seed round

CakeResume is a startup formulating an choice for a tech attention to pursuit hunt platforms like LinkedIn. The Taipei-based company, founded in 2016, announced now that it has lifted $900,000 in seed appropriation from Mynavi, one of a largest staffing and open family companies in Japan. The turn will be used to enhance CakeResume’s operations in other countries, including Japan and India.

Founder and arch executive officer Trantor Liu, who was a full-stack web developer during Codementor before rising CakeResume, pronounced a startup’s idea is to have a biggest pool of tech talent in Asia. The height now has about 500,000 resumes in a database, 75% of that were combined by pursuit seekers in Taiwan. More than 3,000 employers, trimming from startups like Appier to vast companies like Amazon Web Services, TSMC, Nvidia and Tesla, use it for recruitment.

The other 25% of resumes come from countries including India, Indonesia and a United States. CakeResume skeleton to enhance in Japan with a assistance of Mynavi, a vital investor, and is also seeking partnerships in Southeast and South Asia with recruiters. Liu pronounced CakeResume has a quite high acclimatisation rate in India, and a idea is to build a pool of during slightest 100,000 resumes there.

In a matter about a preference to deposit in CakeResume, a Mynavi deputy said, “The tellurian necessity of IT engineers is apropos some-more apparent and we are focusing on services associated to IT talent in Asia. Among them, CakeResume’s use is glorious in product design, and a use is already used by many talent in a country,” adding that it expects a height to turn “the largest IT talent pool in Asia in a nearby future.”

In Taiwan, CakeResume’s categorical rivals are LinkedIn and pursuit hunt site 104.com.tw. It also competes opposite other pursuit sites like AngelList, Indeed and Glassdoor.

CakeResume differentiates by giving tech professionals some-more ways to uncover off their skills, given many tech companies wish some-more in-depth resumes than a normal one-pagers used in other fields. The startup was named since a resume builder enables pursuit seekers to supplement some-more layers of information, like convention a cake. For example, CakeResume’s template allows engineers to hide projects from GitHub, while designers can supplement information visualizations, instead of only including links to them.

“We aren’t only providing a form to fill in that we can afterwards download as a formatted PDF resume. We wish to concede we to be some-more creative,” pronounced Liu. “You can simply hide plan images and supplement descriptions, that creates it easier for HR to know what we can contribute.”

Another disproportion between CakeResume and a competitors is that many people who emanate a form are actively seeking new positions, instead of veteran networking opportunities. Because it is also tailored for a tech industry, recruiters have a aloft possibility of removing responses from meddlesome candidates, Liu said.

“We recently got a examination from one of a clients, and they pronounced when they used a height to hit talent, they got about a 50% respond rate, though on LinkedIn it competence be reduction than 10%,” he added.

Before a COVID-19 pandemic, many pursuit seekers were peaceful to relocate, though arch handling officer Wei-Cheng Hsieh pronounced CakeResume is now focusing some-more on assisting people find remote jobs. More tech companies, including Facebook and Google, are fluctuating their work from home policies until during slightest summer 2021.

Though many pursuit postings still mention a location, Liu pronounced CakeResume’s group anticipates this will change as companies continue bettering to a pandemic. While CakeResume will sojourn focused on relating field to jobs instead of networking, it also is also contrast some amicable facilities to assistance workers around a universe bond with companies and any other.

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