An AI-powered recruitment platform, HireBound, has successfully raised $2 million in a seed funding round led by Kalaari Capital, with additional participation from Antler, Infinyte Club, and CareerNet. This funding will be used by the Bengaluru-based startup to enhance product development, expand go-to-market operations, and fuel global expansion, with a target of achieving a 5x increase in annual recurring revenue (ARR) over the next 12–18 months.
Co-founded by Sharad Vij and Kumar Vikramaditya, HireBound specializes in an AI-driven recruitment platform that streamlines the entire hiring process. Their advanced AI system manages tasks such as sourcing, engagement, screening, evaluation, and candidate recommendations.
The company has facilitated over 3 million candidate interactions and trained its system on a vast dataset comprising more than 2 million resumes and 30,000 job openings. Integrating seamlessly with applicant tracking systems (ATS) and human resource management systems (HRMS), HireBound caters to staffing agencies and corporate talent teams.
With a current team size of 15 members, HireBound plans to expand into global markets within the next 12–24 months while adapting to diverse regional hiring practices and compliance standards.
Source: Entrackr : Latest Posts