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HireAra Secures £450k to Transform Recruitment with AI-Powered Platform
Jan 31, 2024
HireAra, a recruitment tech startup, has successfully raised £450k in a Seed funding round for its innovative AI-powered candidate presentation platform. This platform revolutionizes the recruitment process for agencies by enhancing candidate and brand visibility, thereby accelerating the placement of candidates. The funding, contributed by founders of leading UK recruitment tech firms and via private crowdfunding, will be used to expand the sales team, launch new products, and further modernize the recruitment industry. HireAra, leveraging AI, simplifies candidate presentation, allowing recruiters to focus more on relationship-building rather than administrative tasks, marking a significant step forward in the efficiency of recruitment processes.



HireAra, an innovative recruitment technology startup, has successfully secured a Seed investment of £450,000 to enhance its AI-driven platform designed to streamline the recruitment process for agencies. This platform distinguishes itself by enabling recruitment firms to more effectively showcase their candidates and brands, significantly reducing the time it takes to place candidates in new roles.

The investment round saw participation from the founders of some of the UK's most influential recruitment technology companies, including Mercury, SourceWhale, One Up Sales, and Candidate.ID, in addition to a group of HireAra's clients. This endorsement underscores the industry's confidence in HireAra's potential to redefine recruitment workflows.

Recruiters traditionally spend hours each week on administrative tasks such as refining CVs and preparing candidate presentations for hiring managers. HireAra addresses this inefficiency by offering a solution that not only saves time but also enhances the presentation of candidates through beautifully designed branded content, created in seconds.

The fresh capital will be instrumental for HireAra as it plans to expand its sales force threefold, introduce two innovative content products by 2024, and fast-track its goal to modernize the recruitment sector.

Marking its first financial raise 20 months after being spun out from DigiBlu, HireAra's funding effort was bolstered by the support of five of its existing customers and a number of seasoned recruitment technology angel investors. Remarkably, 45% of the round was raised through private crowdfunding, demonstrating a broad base of investor enthusiasm.

HireAra's co-founder and CEO, Thomas Vose, emphasized the critical role of candidate presentation in the recruitment industry, stating the necessity for agencies to present their candidates and brands in the best possible light to minimize the risk of rejection due to errors such as CV typos, which can significantly impact a candidate's chances.

By developing a B2B SaaS platform that leverages AI for effortless candidate presentation, HireAra aims to optimize the capacity and resources of recruitment teams, enabling them to place candidates with unprecedented speed. Vose expressed gratitude towards the veteran founders and angel investors for their belief in HireAra's vision and product, looking forward to progressing with their support.
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