Saturday, July 20, 2024

Funding

Starting operator 'Momit' attracts SEED investment from Korea Credit Guarantee Fund



MOMIT, the operator of the job experience-based resume service 'STARTING,' announced on the 26th that it has secured seed investment from the Credit Guarantee Fund. The investment amount remains undisclosed.


MOMIT is a startup that has been developing a platform to provide practical project experience to job seekers without job-related experience by collecting successful project cases of employed talents and connecting them to employment opportunities.


Despite the existence of numerous education and recruitment platforms, the recruitment risks and entry barriers for companies still remain a problem. MOMIT was founded with a vision to address these fundamental issues properly, and it has gained recognition for the viability of its business model through its selection as a "Step-Up Challenge Enterprise" by the Credit Guarantee Fund and the recent seed investment. It has also been acknowledged for its social value through the identification as a social venture and the selection for the social entrepreneurship promotion program, aiming to obtain preliminary social enterprise certification this year.


Currently, MOMIT is in the process of launching 'STARTING' and collecting project performance data from employees. Additionally, it is engaged in collaborative research and development in the field of artificial intelligence (AI) with the research team of Dongseo University's SW-Centered Business Division.


Moreover, by strategically securing a recruitment business pipeline through collaboration with WEFUN, the operator of 'SNACK24,' MOMIT has signed a Memorandum of Understanding (MOU) for cooperative recruitment business targeting 4,500 client companies in April of this year. This signifies its focus on B2B SaaS companies.


Kim Hong-chan, the CEO of MOMIT, stated, "In an era where the screening process in the venture and startup industry is becoming increasingly rigorous, the responsibility is heavy to have successfully attracted seed investment. Regardless of the time it takes, we will definitely concentrate on the essence and prove ourselves through the key indicators of job and recruitment satisfaction and profit-based corporate value."


MOMIT : https://www.momit.co.kr/

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