Hiretual Raises $13M in Series B Funding

Recruiting software developer Hiretual will advance its artificial intelligence technology following the raise of a $13 million Series B financing round, led by Oceanpine Capital.

“Hiretual is a technology- and product-driven company that also needs to be all-in with our customers’ success, as they are the center of our business,” CEO Steven Jiang said. “We are also humble enough to realize that compared to the most successful SaaS companies, we still have a long way to go.”

More than 100,000 recruiters at more than 700 businesses are using Hiretual, he said. The company experienced a 300 percent year-over-year growth for the past two years. Jiang said the company expects to continue growing this year, but not as fast as before due to the global pandemic’s impact on recruiting and hiring. The company has 85 employees, which doubled from last year, and Jiang plans to be at 100 employees by the end of the year.

Read more: Hiretual Raises $13M in Series B Funding