# Krenovator Technology Sdn Bhd

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/krenovator-technology-sdn-bhd

- Industry: Outsourcing
- Headquarters: Kuala Lumpur, Malaysia
- Website: www.krenovator.io/
- Total disclosed funding: $0.5M
- Latest round: Seed (Oct 11, 2024)
- Investors on record: 1

## About

Krenovator Technology Sdn Bhd is an AI-driven tech talent platform addressing global talent shortages, streamlining hiring processes, and providing tech talent as a service to various enterprises and startups.Krenovator Technology Sdn Bhd, founded in 2019 in Kuala Lumpur, Malaysia, specializes in solutions to alleviate tech talent shortages. The company has made significant strides in offering AI-powered staffing solutions. The founder has a notable history in the tech industry but specific details about other companies founded by them are not available. Currently, Krenovator has made one deal, with the most recent deal occurring on January 1, 2025.Krenovator Technology Sdn Bhd offers a comprehensive suite of solutions designed to address the global tech talent shortages, positioning itself as an AI-powered tech talent platform. Its core offerings include skills development, a vibrant community for tech professionals, and tech talent as a service, including remote and hybrid staffing and outsourcing. The company’s AI solutions, such as the AI Coding Assistant, AI CV Maker, AI Career Match, and AI Career Advisor, streamline the hiring process by efficiently matching candidates with development roles, ultimately reducing both time and costs associated with hiring. Krenovator serves a diverse client base, including Fortune 500 companies, SMEs, and tech startups globally, with a focus on sourcing developers from Southeast Asia to leverage cost savings and compliance with local regulations.Krenovator generates revenue through flexible hiring options structured around its tech talent as a service model. The company engages in business-to-business (B2B) transactions, where clients can opt for outsourcing software development or hire full-time developers directly to meet their specific technology needs. Transactions typically involve contractual agreements that outline service fees for both short-term staffing solutions and long-term developer placements, ensuring scalability and adaptability for clients. Although specific pricing plans are not detailed, the company employs a tiered pricing structure that varies based on the complexity and duration of services selected. Krenovator’s flagship AI tools significantly enhance the efficiency of the development hiring landscape, contributing to its overall revenue generation strategy.In January 2025, Krenovator Technology Sdn Bhd raised an undisclosed amount of Seed funding from new investor Ignite Asia. The company will use the funding to grow its workforce and improve its sales and marketing initiatives. Krenovator plans to introduce new AI-driven products in the near future, although specific release dates have not been disclosed. Additionally, there are plans to expand into new markets, particularly in Europe and North America, targeting completion by the end of 2025.

## Funding rounds

- Seed, Oct 11, 2024, $0.1M — Nexea
- Seed, Dec 30, 2022, $0.5M — Nexea

## Investors

- Nexea (https://capitalatlas.ai/funds/nexea) — Seed