HireAra, an AI-powered candidate presentation platform for recruitment agencies, has secured £450,000 in seed funding. This platform allows recruiters to make their brand and candidates stand out to hiring clients, resulting in faster placements. The round was joined by founders of Mercury, SourceWhale, One Up Sales, Candidate.ID, five customers, and private crowdfunding. To reduce the repetitive, time-consuming administrative work related to candidate presentations, this platform integrates seamlessly into existing workflows. Recruiters can now upload a candidate’s CV and additional information, resulting in the generation of branded content within seconds.
The investment will enable HireAra to expand its sales team and launch two new content products by 2024. The company was spun out of DigiBlu in April 2022 and marks its first funding round, 20 months later. HireAra’s co-founder and CEO, Thomas Vose, said, “There’s no room for human error in candidate presentation.” A CV with two or more typos will be instantly rejected by over 97% of hiring managers. By using AI, HireAra’s platform has unlocked capacity and resources in recruitment teams, placing candidates at unprecedented speeds.
Adam Gordon, Founder of Candidate.ID and Poetry, a HireAra investor, said, “The rise of generative AI is sending shockwaves through the recruitment sector. Agencies that are embracing the potential of this technology to raise standards and improve efficiency are widening their lead on their competitors.” Gordon invested in HireAra because he believed every agency could benefit from this technology, saving thousands of staff hours, especially when managing profit margins is vital.
HireAra’s founding team is ambitious, creative, and dedicated to delivering the best product possible to customers. The platform further increases the chances of a recruiter’s candidates being accepted for a position by presenting them in the best possible light. Efficient service delivery will distinguish the company from its competitors, and this funding will ensure it continues to improve its offering.
