HRTech startup Clockster raised a $750,000 Series A funding round led by Quest Ventures, a noted investment firm anchored by sovereign wealth funds QazTech Ventures in Kazakhstan and Pavilion Capital in Singapore.
Oksana Pogodaeva, Managing Partner at HR&ED-Tech Accelerator, expressed confidence in the future of the company, saying that “Clockster is about to fly.” Pogodaeva took note of how the company has shown visible traction with the first clients in the Asia-Pacific market. “They’re also good at solving market problems: according to the latest HR research done by Deloitte Consulting, 67 percent of surveyed companies point out the lack of systems for collecting and processing data in that sphere. And 88 percent of respondents say that investments in HR automation have paid off,” the HR&ED managing partner added.
Diaz Beksoltan, Deputy Chairman of the Management Board of QazTech Ventures similarly expressed high hopes for the future of Clockster. “My best wishes to the Clockster team as they scale into new markets. We eagerly await their transformation from an Astana startup into a full-fledged multi-market “unicorn” business,” Beksoltan enthused.