Indorse
Indorse is a skills validation platform which helps candidates validate their tech skills and helps companies match with better candidates.
| Date | Investors | Amount | Round |
|---|---|---|---|
| investor | €0.0 | round | |
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | Media For Equity | |
| Total Funding | 000k | ||
| EUR | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Indorse Pte. Ltd., a Singapore-based firm established in 2017, operates as a skills assessment platform provider for the technology sector. The company was founded by Gaurang Torvekar, Avadhoot Kulkarni, and David Moskowitz, all of whom possess backgrounds in software engineering and technology. The founding vision was inspired by a desire to create a meritocratic system where skills are the primary determinant of professional value, partly influenced by the challenges educated refugees face in finding suitable employment.
Initially conceived as a decentralized professional network on the Ethereum blockchain, Indorse aimed to allow users to own their professional data and have their skills validated by a community of peers. This model included a token-based reward system to incentivize user participation and content creation. Following an Initial Coin Offering (ICO) in 2017, the company began its journey. Over time, the business has evolved, shifting its focus from a purely decentralized consumer network to an enterprise-focused Software-as-a-Service (SaaS) model. This strategic pivot addresses the market need for reliable technical skill validation within corporate environments. The company now leverages a combination of AI, expert human evaluation, and community-based assessment to provide dependable insights into the coding abilities of candidates and employees.
The firm's core business is providing a coding assessment platform used by enterprise clients for technical recruitment, internal upskilling, and performance management of software engineering teams. Its services help businesses make informed hiring decisions and develop their tech talent. Products offered include coding tests, hackathons, and a performance management tool named Metamorph, which uses pulse surveys and tech challenges to foster team improvement. Revenue is generated through subscription-based pricing plans for its suite of assessment and development tools. Indorse positions itself as an all-in-one platform for building and sustaining high-performance software engineering teams, serving clients that include global banking institutions and multinational companies.
Keywords: coding assessment, skills validation, technical recruitment, software engineering, developer skills, HR tech, skills assessment platform, enterprise SaaS, employee upskilling, performance management, hackathon platform, tech talent, code review, Gaurang Torvekar, Avadhoot Kulkarni, David Moskowitz, blockchain talent verification, peer-to-peer validation, skill verification, engineering teams, developer assessment