Recruitment technology startup HireAra recently secured a Seed funding round worth £450k for their state-of-the-art AI-powered candidate presentation platform designed for recruitment agencies. With this platform, recruiters can present their brand and candidates effectively to potential hiring clients, ensuring faster placement of candidates in new job roles. The funding round was supported by some of the UK’s leading recruitment tech companies such as Mercury, SourceWhale, One Up Sales, and Candidate.ID, alongside multiple satisfied customers.
Typically, recruiters spend several hours each week fine-tuning candidate CVs and applications, in addition to preparing to market the candidate to hiring managers. This process is not only mundane and time-consuming, but also takes away from the time that could be spent building relationships with clients and candidates. HireAra solves this problem by seamlessly integrating into existing workflows using their candidate presentation platform. Through this platform, recruiters can conveniently upload a CV and other supplemental information, and generate visually appealing branded content about the candidate in just a few seconds.
With the Seed funding, HireAra aims to triple their sales team, launch two new content products in 2024, and accelerate their mission to modernize the recruitment industry. Originally spun out of intelligent automation company DigiBlu 20 months before the funding round, HireAra’s co-founder and CEO, Thomas Vose, is thrilled at the progress made. Vose commented, “Our B2B SaaS platform allows for quick and easy candidate presentation with no room for human error. We are grateful to have gained the support of our angel investors, who firmly believe in our product and vision.”
Investing in HireAra’s platform is a wise choice as it provides recruiters with efficient, error-free candidate presentation that increases agency margins and placement speed. Furthermore, according to CFA Institute research, hiring managers reject a CV with two or more typos instantly. Thus, HireAra’s platform provides a competitive edge in the recruitment process, allowing recruiters to present candidates and their brand in the most advantageous manner possible.