[Funding alert] HireAra Raises £450k for AI that Helps Recruiters Place Candidates Faster

Wednesday 31, 2024 | By Startup Rise EU

HireAra raises £450k for AI that helps recruiters place candidates faster. The platform helps recruiters to make their brand and their candidates stand out to hiring clients, increasing the speed at which these candidates are placed in new roles.

HireAra raises £450k for AI that helps recruiters place candidates faster. The platform helps recruiters to make their brand and their candidates stand out to hiring clients, increasing the speed at which these candidates are placed in new roles.

The round was joined by the founders of the UK’s leading recruitment tech companies: Mercury, SourceWhale, One Up Sales, and Candidate.ID and several sets of customers.

Read also -  Netherlands-based Tidal Control Secures €500K in a Pre-Seed Round Funding

Tailor-made tech for modernising recruitment agencies. In a typical week, recruiters spend several hours fine-tuning candidate CVs, improving the visual presentation of their application, and preparing to pitch the candidate to hiring managers.

To allow recruiters to spend more time building relationships with candidates and clients, HireAra’s founding team built a candidate presentation platform that integrates seamlessly into existing workflows.

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Using the platform, recruiters can upload a candidate CV’s and any supplementary information to generate beautiful branded content about the candidate in seconds.

The injection of Seed funding will enable HireAra to triple their sales team, bring two new content products to market in 2024, and accelerate their mission to modernise the recruitment industry.

This is the first raise announced by the HireAra team, just 20 months after the startup was spun out of intelligent automation company DigiBlu in April 2022. Five existing HireAra customers and several veteran recruitment tech angel investors participated in the round, with the remaining 45% of the round raised via private crowdfunding.

Read also - Amsterdam-based Send AI Raises €2.2Million in a Pre-Seed Round Funding

Thomas Vose, HireAra co-founder and CEO, said: “For recruitment agencies, their candidates are their product. So, it’s essential that they present the candidate and their brand in the best light possible. There’s no room for human error in candidate presentation, as, according to CFA Institute research, a CV with two or more typos will be instantly rejected by over 97% of hiring managers.” We've built a B2B SaaS platform, powered by AI, which makes candidate presentation quick and easy. HireAra unlocks capacity and resource in recruitment teams, and recruiters using HireAra are placing candidates with unprecedented speed. It’s an honour that so many of the veteran founders that we look up to have decided to invest in HireAra. There’s no greater show of belief in our product and roadmap than to become an Angel investor, and we’re looking forward to taking the next steps on that roadmap with their support.”

About HireAra

The co-founders are CEO Thomas Vose (27), CTO Alex Owen (30), CCO Tom Carr (25) and COO Adam Driver (28). The Central London-based company currently has six additional full-time members, with plans to increase headcount by a third in 2024. The HireAra platform helps recruiters to make their brand and their candidates stand out to hiring clients, increasing the speed at which these candidates are placed in new roles.

Read also -  Roro raises €1.5Million in Funding

Deeply integrated generative AI combined with a flexible templating system creates an extremely customisable product configured for many presentation use cases

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