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Recruitment Firm Redrob Raises $4 Million Seed Round by Murex Partners and DS & Partners

Prominent investors who participated in the round were Murex Partners and DS & Partners notable investments include South Korean tech unicorns such as Musinsa, Market Kurly, and Yanolja

Recruitment Firm Redrob Raises $4 Million Seed Round by Murex Partners and DS & Partners
POSTED ON December 19, 2023 2:41 PM

Redrob, a global recruitment platform, announced a $4 million seed round of funding by Murex Partners and DS & Partners. 

The company also announced the release of Redrob Online Skill Tests. After the fundraising, Redrob is expanding its online testing platform with ‘Redrob Global People Search’, which uses AI to reorganize the world’s people data into a more universally understandable format to enable sales, networking, and recruitment. 
 
Redrob Online Skill Tests helps companies design and deploy skill assessments to job applicants in as little as 30 seconds, allowing them to predict on-the-job performance without human bias. 
 
“65 per cent of the world’s population is online, yet so few businesses are truly global,” says Redrob’s co-founder and CEO Felix Kim. “The greatest obstacle to hiring and selling globally is a lack of contextual knowledge. For example, U.S. recruiters don’t know about the local Ivy League in India, while Indian salespeople don’t know much about local distributors in the U.S.” 
 
“Redrob will break down country-specific silos of contextual knowledge, and in doing so we’ll revolutionize the way people meet online,” he added. 
 
Commenting on this funding Jinyoung Park, senior associate at Murex Partners said - “With India’s economic rise, we believe Redrob will be able to connect Indian talent to companies around the world.” 
 
“South Korean and U.S. companies are increasingly looking to hire Indian talent but do not know where to start. We hope Redrob will be able to solve this problem of information asymmetry.” said, Han Joon Lee, senior vice president at DS & Partners. 
 
In parallel, as Redrob predicts more companies will become globally distributed, it will be expanding its Employer of Record (EOR) product line. Redrob Employer of Record helps companies avoid outsourcing firms and directly hire talent from countries such as India without the need to set up an office or handle payroll, so even small startups can emulate the 24/7 operations of the Fortune 500 and their global subsidiaries. 

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