Monday, June 10, 2024

Funding

Doodlin, a recruitment management solution startup, raises KRW 10.6 billion in funding



Doodlin, a leading enterprise recruitment management solution, today announced that it has secured a follow-on investment of KRW 10.6 billion from Murex Partners and others. This comes 14 months after raising KRW 4.3 billion in Series A funding in 2021.


The investment was led by Murex Partners with new participation from Atinum Investments and follow-on investment from existing investors Altos Ventures, FuturePlay, Schmidt, and Primer. This brings the total amount of funding raised to KRW 15.9 billion.


Doodlin is the provider of Greeting, an applicant tracking system 'ATS(Applicant Tracking System)' that enables organizations to integrate the entire hiring process, from posting a job to notifying successful candidates.


Greeting allows you to manage applicant resumes from multiple recruitment platforms at once. You can evaluate each applicant, coordinate schedules, and notify hiring results all in one service, reducing the cost and time spent on recruitment.


In the year and a half since Doodlin officially launched Greeting in July 2021, it has accumulated nearly 3,000 customers. As of February 2023, customers using Greeting range from large enterprises such as KT, LG Display, SSG, and Nexon to large startups such as Yanolja, Socar, and Zigbang.


To enhance user convenience, Doodlin has signed business agreements with several HR technology companies to integrate its services, and has obtained ISMS certification to ensure reliability and safety. With this investment, Doodlin plans to strengthen its capabilities through talent acquisition across all departments and further enhance its greeting service to create a service that satisfies both applicants and HR managers.


"Doodlin has achieved high customer satisfaction based on rapid product improvements, focusing on features that customers want according to the latest recruitment trends and needs, and prioritizing customer value. We decided to invest in Doodlin because of its applicant management solution, its ability to provide solutions for each company's recruitment process, and its potential to expand into talent pool management services," said Jinhan Park, Senior Partner at Murex Partners, who led the investment.


"Thanks to the hard work of Doodlin members and existing shareholders, we were able to raise the investment very quickly," said Doodlin CEO TaeKyu Lee. "We are very happy to have such a good investor again, and we will continue to grow faster and better."

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