Clockster, a Kazakhstan-based HR tech platform, has secured an investment of US$750,000 in a financing round led by Quest Ventures. Other participants in the funding round include accelerator HR&ED-tech, ABC-I2BF Seed Fund, and Paladigm Capital CEO Olzhas Zhiyenkulov.
“With Covid-19, the importance of multilateralism in global trade has taken more significance. We like that Clockster’s products and services are well-positioned to liberate MSMEs and MNC (multinational corporations) businesses from the challenge of multi-location talent management, performance calibration, and timely communication,” said Jeffrey Seah, managing partner of Quest Ventures.
The company plans to use the funding to expand into Southeast Asian markets, as well as the Commonwealth of Independent States. It will also hire go-to-market talent and develop its software-as-a-service platform.
Announcement: Clockster Raises $750k for Workforce Management