impress.ai, a Singapore-based AI-powered chatbot platform for recruiters, announced raising S$4 million ($3 million) in funding that will be used to enter new markets, expand product development, and make strategic hires. The funding round was led by Summit 29K and participated by SEEDS Capital, the investment arm of Enterprise Singapore.
“Understanding how to best recruit, utilize and retain talent while working remotely is increasingly becoming a topic of focus. This has resulted in growing business opportunities and interest in how our solution is able to help achieve that,” said Sudhanshu Ahuja, CEO and co-founder.
impress.ai, which was launched in 2017, said the funds will be used to drive expansion into new markets such as Australia, Hong Kong, and Taiwan, accelerate product development, increase marketing outreach, and attract more expert talent to join the team.
Announcement: impress.ai Secures $3M for Recruitment Chatbot