KSA’s Elevatus raised $10.5 million in Series A co-led by Global Ventures and Wa’ed Ventures

Share via:

KSA’s Elevatus raised $10.5 million in Series A co-led by Global Ventures and Wa’ed Ventures, the venture capital arm of Saudi Aramco where additional investor otf Jasoor Ventures also participated.

Elevatus’ next-generation AI technology aims to automate the entire hiring process. This enables companies to centralise core recruitment functions in one place, tackle their biggest hiring challenges, and recruit dependable top talent in less time. With this capital infusion, the HR technology provider hopes to accelerate its business growth and increase its market share. It also intends to expand its reach by entering new markets, investing in product innovation, and accelerating the advancement of HR technology.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

KSA’s Elevatus raised $10.5 million in Series A co-led by Global Ventures and Wa’ed Ventures

KSA’s Elevatus raised $10.5 million in Series A co-led by Global Ventures and Wa’ed Ventures, the venture capital arm of Saudi Aramco where additional investor otf Jasoor Ventures also participated.

Elevatus’ next-generation AI technology aims to automate the entire hiring process. This enables companies to centralise core recruitment functions in one place, tackle their biggest hiring challenges, and recruit dependable top talent in less time. With this capital infusion, the HR technology provider hopes to accelerate its business growth and increase its market share. It also intends to expand its reach by entering new markets, investing in product innovation, and accelerating the advancement of HR technology.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at [email protected]

More like this

Google says Apple is bringing RCS to the iPhone...

The Android website has added a new landing...

L Catterton To Launch India-Focussed Consumer Fund

SUMMARY Mehta will helm the formation of the new...

Skyflow raises $30M more as AI spikes demand for...

This morning Skyflow announced that it has raised...

Popular

Upcoming Events

Startup Information that matters. Get in your inbox Daily!