Hiretual, a Mountain View, CA-based AI-driven HR technology company, raised $5M in Series A funding.
The round – which brought total funding to date to $6.5m – was led by Northern Light Venture Capital.
The company intends to use the funds to scale technology and accelerate growth.
Founded in April 2015 by Steven Jiang, CEO, Hiretual provides recruiters with an AI driven HR tech platform to source and engage the right candidates with the right skill faster.
Its AI-powered platform converts unstructured data from more than 700M profiles across 30+ platforms and the open web into rich, holistic professional profiles. Using this data, the platform ranks candidates by how well they match the requirements of a job, and automatically adjusts rankings for the next round of candidates based on user interactions – creating a Proactive Talent Pipeline that grows more precise over time. The solution also provides candidate contact information, email automation, and tracking to make the next step instant and measurable. Recruiters can keep track of their talent pipeline using projects, hiring stages, and also invite team members or hiring managers to participate in candidate selection. It integrates with a recruiter’s existing ATS (Applicant Tracking System) and CRM (Candidate Relationship Management), to refresh, enrich and re-discover candidate data.
Hiretual’s technology is already in use by more than 80K recruiters from more than 200 companies, including globally recognized Fortune 500 brands.