What does HiringBranch do?
HiringBranch is an HR tech startup based in Montreal that leverages native AI to measure soft skills in conversations, automating the evaluation process and reducing the need for extensive interviews. The company serves high-volume hiring organizations such as Bell Canada and Infosys.
How much did they raise?
The company secured $2.5M in Series A funding led by CIBC Innovation Banking, with additional participation from investors like Crédit Mutuel Equity, Export Development Canada, and Anges Québec.
What are their plans for the money?
With the new funds, HiringBranch plans to expand its market reach and further enhance its AI technology, potentially streamlining the recruitment process and making soft skills assessments more efficient for large organizations.
What have they achieved so far?
In a previous funding round, HiringBranch raised $5M in Series A, reflecting strong investor confidence and a solid track record in developing innovative HR tech solutions.
