HRTech Firm Workruit Secures $500,000 In Pre-Series A Round
Workruit will utilise these funds to scale the product, expand its operations and focus on customer acquisition
Workruit, an AI-based career and recruitment platform raises over $500,000 in pre-Series A round led by the family office of Kantamaneni from the US. Workruit will utilise the funds to scale the product, expand its operations and focus on customer acquisition. As part of the expansion plans, Workruit also aims to extend its recruitment platform in the US markets by Q1 2023 with the support of the strategic investor.
Manikanth Challa, CEO and Founder, Workruit, says, “In the future of work, the employee is the enterprise. Companies have HR teams, recruiters, and sophisticated technology to manage their pipelines, but all that most job seekers have is a spreadsheet. We're levelling the playing field by building the infrastructure with Workruit that enables people to advance their careers confidently. Workruit is developing tools to assist people in navigating the future of work, where career agility is more important than ever. In addition, our recruitment and career platform champions both the candidate and the enterprise, allowing both to connect easily and network."
Sreenivasarao Lavu of Kantamaneni Family Office said, “While many players are solving problems for recruiters, we have yet to come across platforms that are focused on candidates. Workruit is developing a distinctively powerful and personalized career platform that is tech-first and candidate-first, beginning with an automated resume offering. They also have a long list of major employers who use their technology, including Axis Bank, Quess Corp, Big Basket, Swiggy, Colleges, and Governments. We are thrilled to be collaborating with Workruit as they transform the hiring market.”
Around The World