
JobHopin
Vietnam first AI-powered platform for job and talent market intelligence.
Date | Investors | Amount | Round |
---|---|---|---|
investor investor investor investor investor investor | €0.0 | round | |
* | $1.4m Valuation: $12.3m 0.2x EV/Revenue | Early VC | |
Total Funding | 000k |
USD | 2021 | 2022 | 2023 |
---|---|---|---|
Revenues | 0000 | 0000 | 0000 |
% growth | - | 56 % | - |
EBITDA | 0000 | 0000 | 0000 |
Profit | 0000 | 0000 | 0000 |
EV | 0000 | 0000 | 0000 |
EV / revenue | 00.0x | 00.0x | 00.0x |
EV / EBITDA | 00.0x | 00.0x | 00.0x |
R&D budget | 0000 | 0000 | 0000 |
Source: Dealroom estimates
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JobHopin, founded in 2016 by CEO Kevin Tung Nguyen, is a recruitment platform headquartered in Ho Chi Minh City, Vietnam. Nguyen, a Forbes 30 Under 30 Asia honoree, established the company after his return to Vietnam following 14 years of studying and working in the United States. His journey began after receiving a full scholarship to Ohio Wesleyan University, after which he started and sold a software application company during his sophomore year before facing subsequent business failures that led to the creation of JobHopin.
The company operates in the human resources technology market, utilizing artificial intelligence and machine learning to automate the recruitment process for its clients. JobHopin's business model is centered on providing a software-as-a-service (SaaS) platform that connects companies with suitable job candidates. Its core product, an AI-powered platform named 'Bunny', analyzes job descriptions and candidate CVs to facilitate faster and more accurate matching. The platform is designed to streamline recruitment workflows, offer predictive analytics, and provide real-time market data on salaries, talent supply, and hiring demand. This service caters to various industries, with a focus on IT, financial services, education, FMCG, real estate, and online media. Clients include enterprises of various sizes, from startups to large corporations such as Techcombank, SAP, and Deloitte APAC.
Significant milestones for JobHopin include securing $710,000 in seed funding in 2018, followed by a $2.45 million Series A round in 2020 from investors including SEMA Translink, KK Fund, and Mynavi Corporation. The company was reportedly close to finalizing a pre-Series B round in 2022. However, recent developments indicate the company has faced significant challenges, including a failure to secure its Series B funding, leading to a drastic reduction in its workforce from over 200 to just 15 employees and the closure of its physical office. In July 2024, it was reported that the founder had temporarily suspended operations amid legal disputes.
Keywords: recruitment platform, AI in recruitment, human resources technology, talent acquisition, Vietnam startups, Kevin Tùng Nguyễn, candidate matching, automated sourcing, talent intelligence, job market analytics, HR SaaS, applicant tracking system, employee sourcing, Southeast Asia tech, recruitment automation, workforce management, hiring solutions, professional networking, career management, digital recruitment