“Can an AI-native ATS built out of Southeast Asia beat legacy recruitment software (Bullhorn, Workable, Greenhouse) on price and AI depth?”
Manatal is an AI-native recruitment SaaS (ATS + CRM) headquartered in Bangkok, backed by Sequoia Surge. The company serves ~10,000 recruitment teams across 135+ countries and has evolved from a lightweight ATS into an AI-first platform with candidate enrichment, AI-powered recommendations, an AI Interviewer, and native LLM (MCP) integrations. It is a pure SaaS business with no embedded finance product surface — the only financial infrastructure is Stripe as the merchant of record for subscription billing.
Manatal processes payments through Stripe.
Manatal is founded in 2017 and headquartered in Bangkok, Thailand.
Manatal has raised $5.1M in total (latest round: Seed).
Get a read on where your own stack stands against Manatal and the rest of its category — what they built versus bought, which providers they use, and where the gaps in your own strategy and competitive set actually are.