Stockroom.io: Raised An Undisclosed Pre-Series A Funding From Mancer Consulting Founders

Stockroom.io, a company, which provides technical assessment platforms for companies, secures a Pre Series A round funding, led by the founders of MANCER Consulting.

Stockroom.io, a Hyderabad based start-up that helps companies filter programmers through its technical assessment platform and hackathons proudly announced today that they have raised an undisclosed Pre Series A funding, led by Satya D Sinha and Gyanendra Singh, Founders of Mancer consulting. The startup, Stockroom.io that was co-founded by Naren Krishna, Hari Krishna and Ashish Kumar Sahoo in September 2015, works with an enviable list of 35 clients which includes names like Amazon, Thoughtworks, Microsoft, UrbanClap, Go-Jek, BankBazaar and has hosted more than 100+ hiring challenges till date.

The company added another feather to its cap recently by launching its flagship diversity event HackerInHer, an exclusive career fair and confluence platform for women and already has some amazing companies like Microsoft, Indus Towers, BankBazaar, Infosys, and Thought works participating. Stockroom has to its credit the commendable accomplishment of building Solid Machine learning and Analytics team over the last one year, and through this year the focus shall be more on building SAAS platform which focuses on Candidate recommendation System and Predictive Analytics.

“With the latest funding round, we plan to make our tech platform more robust and move faster on the Predictive Analytics platform. We are planning to release the Beta version of Analytics Platform by August 2017’. The Company is excited to have Gyan and Satya Onboard” ..says Hari Krishna, CEO and Head of Business.

“Our growth has been completely organic till date and going forward we will be aggressively working on our marketing strategy and aim to on board more users as well as well as companies on the platform. Partnership with other complimentary online platforms is also going to be one of our major focus areas.” shares Naren Krishna, COO and Head of growth and partnerships.

“Earlier in September 2015, Stockroom.io had successfully raised 70,000 USD and laid its undivided focus on hackathons and assessment platform. Going forward, the company believes that 2017 is going to be a year of exponential growth and we are very excited about our predictive Analytics platform which will go live by mid of this year” exclaims Ashish Kumar Sahoo, CTO, Head of Engineering

“We are excited to be a part of Stockroom Journey. In last 15 months Stockroom had amazing traction and our investment and experience shall further help Stockroom to acquire more customers, strengthen the technical team and move faster on the Machine learning platform” says Gyanendra Singh, COO of Mancer consulting.

“In the current times, there aren’t many platforms that offer curated talent to the companies at such a widened scale particularly in the area of lateral hiring. Stockroom has been successful in providing top level and selectively curated talent to companies like Amazon, ThoughtWorks, Microsoft etc.. With our investment in place, Stockroom will be able to scale faster, expand its offerings to Captives, Start-ups etc.…” concludes Satya D Sinha, CEO of Mancer consulting.

Puru Modani, who is a part of Mumbai angels screening committee and a seasoned angel investor is part of Stockroom’s advisory board.

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