Monday, May 23, 2022
HomeInsightFunding Alert HireHunch raises $500K from Waveform Ventures

[Funding alert] HireHunch raises $500K from Waveform Ventures

HireHunch
HireHunch

HireHunch, a B2B platform that offers interview-as-a-service, has raised $500k in seed funding round from Waveform Ventures.

It has also got the support of many angels in investment such as Deepak Singh Ahlawat, Kshitij Jain, Ram Kuppuswamy, Alok Mittal, Saurabh Bansal, Ramneek Khurana, Gunjan Srivastava, Ajay Gopalkrishnan and more.

The startup plans to use the funds for innovation-led expansion and also concentrate on extending its reach across borders.

“The fresh funds will be utilized to develop cutting-edge technologies around various data science initiatives along with strengthening our sales and marketing teams. Our goal is to become the most trusted interviewing platform globally by building a robust platform and community of exceptional technical interviewers. We are eyeing growth and scale as we innovate and build the solution to a globally relevant business problem”, said, Nawal Mishra, Founder of HireHunch.

Bangalore-based HireHunch was founded in 2020 by Nawal Mishra, Amit Kumar, and Anjulika Pandey, It is a B2B platform focused on enabling the improvement of the technical recruitment funnel for its partners.

The company said in a statement that it helps companies improve their quality of life through the platform’s two-pronged process (a hybrid of man and machine) by screening the best technical candidates for final interviews.

“Hiring is a top priority area for all high-growth companies who are struggling to find internal managerial bandwidth to interview a large volume of prospective candidates. HireHunch is solving the problem by connecting qualified interviewers with companies that need interviewing bandwidth while enabling external interviewers to provide high-quality feedback and analytics to hiring managers”, said, Arun Tadanki, Lead Investor at Waveform Ventures.

Its AI-enabled platform selects the best candidates who are shortlisted by a group of experienced technical interviewers and interviewed virtually. Through this process, it enables companies to make their hiring decisions in a cost-effective and timely manner, with the assurance of quality through unbiased, inclusive, and unbiased technical analysis.

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