WantedLab, Joint Investment in Online Scheduling Solution 'WhatTime'

[Asia Economy Reporter Kim Jong-hwa] HR tech company WantedLab announced on the 30th that it has made a seed investment in Wattime, the operator of the online scheduling and management solution ‘Doeneun Sigan’. This is WantedLab’s first investment after its listing and was made jointly with startup-focused investment firm The Ventures.

Doeneun Sigan is a SaaS (Software as a Service)-based scheduling management solution that allows users to share schedules and enables others to easily book appointments at mutually available times. It was developed by Wattime founder CEO Kim Jae-young based on his experience of wasting a lot of time and facing inconvenience while scheduling with clients during his time working at a matchmaking company.

Kim Jae-young, CEO of Wattime, said, “There have been inconveniences in scheduling work appointments such as sales meetings, interviews, and client interviews, but no domestic service has emerged to solve this problem. Taking this investment as an opportunity, we will further advance the online reservation system, automate services, and enable integration with other solutions.”

Doeneun Sigan can be linked with calendars from various platforms such as Google, Outlook, and Naver, allowing users to manage scattered schedules all at once. Users can arrange mutual appointments simply by sharing a schedule link generated through ‘Doeneun Sigan’ during the meeting scheduling process. It is used across various industries for purposes including sales meetings, client meetings, and interview scheduling for recruitment.

In particular, it greatly reduces the time required to set appointments, maximizing work efficiency. There are numerous cases where more than 90% of the time spent on scheduling interviews or other meetings has been saved through the solution’s adoption, receiving positive feedback from clients. Since its service launch in October last year, Doeneun Sigan surpassed 4,000 subscribers within six months and is used by various companies including unicorn startups such as Danggeun Market, Woowa Brothers, and Channel Talk.

Kim Cheol-woo, CEO of The Ventures, said, “The domestic collaboration tool market size is about 500 billion KRW, and as corporate work environments shift to non-face-to-face and digital methods, the collaboration tool market is expected to continue growing. There is currently no optimized scheduling management service for domestic users, and Doeneun Sigan is easy for anyone to use, so it is expected to capture the market.”

WantedLab has been accumulating profits through its business performance after listing and its new businesses are also progressing smoothly. Having established a foundation to grow as a sustainable company, it plans to actively expand the investment ecosystem by viewing startup investment as an important pillar of its future growth strategy. In particular, it is reviewing ways to integrate and utilize Doeneun Sigan in various services operated by WantedLab, including its recruitment services. It is expected to be used in various ways such as interview scheduling, internal meetings, and conference room reservations.

Lee Bok-gi, CEO of WantedLab, said, “Since our founding, we have shown steady growth without pause, and we plan to continuously discover investment opportunities while maintaining financial soundness. Based on Wanted’s recruitment data, we will actively support the talent acquisition of invested companies to firmly support their early growth.”

This content was produced with the assistance of AI translation services.