# Staffinc

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/staffinc

- Industry: Software
- Headquarters: Jakarta, Indonesia
- Website: www.staffinc.co
- Total disclosed funding: $16M
- Latest round: Series B (Aug 31, 2023)
- Investors on record: 10

## About

Staffinc is an outsourcing and workforce management company based in Indonesia, dedicated to providing staffing solutions, IT talent acquisition, and customer service management to improve operational efficiency across diverse industries.Founded in 2018 in Jakarta, Indonesia, Staffinc specializes in workforce management and staffing solutions. The company has executed a total of 4 deals, with the most recent funding occurring on August 31, 2023, during a Series B round where they raised USD 9.2 mn led by Altara Ventures. The firm is co-founded by Dimas Putra, Margana Mohamad, and Wisnu Nugrahadi, who also serves as the CEO. Staffinc has emerged as a prominent player in the industry, reflecting on the founders' previous entrepreneurial experiences.Staffinc is a comprehensive outsourcing and workforce management provider based in Indonesia, specializing in a diverse range of services designed to enhance operational efficiency across various industries. Their core offerings include staffing solutions for retail environments, warehouse support, IT talent acquisition, and customer service management, encompassing roles from sales agents to IT professionals such as QA engineers and full-stack developers. Staffinc serves a varied client base that includes over 310 companies across more than 350 cities in Indonesia, providing tailored services that address specific operational needs, from daily store operations to IT system management. The company also facilitates recruitment and employee management through an integrated dashboard system, enabling clients to streamline hiring processes and manage workforce logistics effectively. This diverse service portfolio is aimed at companies looking to optimize their personnel management and operational workflows in a cost-effective manner.Staffinc's revenue model is structured around providing integrated staffing and management solutions to its clients, primarily through B2B arrangements. The company engages in direct transactions with businesses that require staffing services, where they can customize solutions based on specific project needs. Revenue generation occurs through various service offerings, including hourly or project-based staffing arrangements, IT consulting services, and ongoing workforce management systems. Clients benefit from flexible access to a large pool of vetted talent, which ensures optimal operational capacity tailored to each client's demands. Through these arrangements, Staffinc establishes long-term partnerships with businesses to provide consistent and reliable personnel management, thereby enhancing customer satisfaction and operational productivity. The company's diverse range of services positions it as a key player in the outsourcing market in Indonesia.In August 2023, Staffinc raised USD 9.2 mn in Series B funding, led by Altara Ventures, with participation from Access Ventures, Antler, Golden Gate Ventures, K9 Industries Pte. Ltd, Mynavi Corporation, and Pacific Trustees Group International. The funding will be utilized to support the development of new workforce management products and to facilitate expansion into additional markets within Southeast Asia by the end of 2024. The company's strategy includes enhancing its service offerings and increasing its operational footprint in key regions.

## Funding rounds

- Series B, Aug 31, 2023, $9.2M — Altara Ventures, Golden Gate Ventures, Mynavi Corporation, Access Ventures, Antler, K9 Industries Pte. Ltd, Pacific Trustees Group International
- Series A, Jan 14, 2021, $5M — Altara Ventures, Golden Gate Ventures, Access Ventures, Antler, XA Network, iSeed
- Seed, Sep 13, 2019, $2M — Golden Gate Ventures, Antler, PAGIL, K9 Industries Pte. Ltd

## Investors

- Golden Gate Ventures (https://capitalatlas.ai/funds/golden-gate-ventures) — Seed, Series A, Series B
- Antler (https://capitalatlas.ai/funds/antler) — Seed, Series A, Series B
- PAGIL — Seed
- K9 Industries Pte. Ltd — Seed, Series B
- Altara Ventures (https://capitalatlas.ai/funds/altara-ventures) — Series A, Series B
- Access Ventures — Series A, Series B
- XA Network (https://capitalatlas.ai/funds/xa-network) — Series A
- iSeed (https://capitalatlas.ai/funds/iseed) — Series A
- Mynavi Corporation — Series B
- Pacific Trustees Group International — Series B