FloCareer Raises $5.7 Million In Series A Funding Round
FloCareer, a Bengaluru based HR tech startup, has raised $5.7 million in a Series A round of funding led by Data Point Capital. The funding round also saw participation from Uncorrelated Ventures and Orios Venture Partners.
The Bengaluru based HR tech startup plans to deploy the raised funds to further strengthen its market position as a video interview platform for gig professionals in the US and India. Additionally, FloCareer will be using this funding for product development.
FloCareer | Interview as-a-service Platform
Launched by Mehul Bhatt and Mohit Jain in 2018, FloCareer is a skills validation platform offering Interviews-as-a-Service, remote hiring, automated BOT-based systems, and applicant tracking systems to its clientele.
The Bengaluru based HR tech startup helps companies across the globe by conducting technical rounds of interviews of gig professionals through its video interviewing platform with its team of freelance assessors.
Speaking on the development, Rajeev Suri, Orios’ Managing Partner, said,
“The post-pandemic environment has unlocked plenty of innovation. We are glad to be partnering with FloCareer in scaling their innovative product to solve for hiring technology talent, which has seen a huge people crunch and significant time and cost pressures across the world.”
FloCareer’s patent-pending platform eliminates up to 80% of incoming irrelevant profiles for hiring companies with a unique combination of Technology / Automation and Human Touch by Subject Matter Experts.
As per the startup, it helps companies hire gig workers four times faster at one-third the cost. Its video tech platform has conducted more than 1.5 lakh interviews with over 7.5 million minutes of video.
Available on a SaaS model, the Bengaluru based HR tech startup claims to have grown 12X over the last year. Additionally, the platform has more than 150 enterprises to manage their hiring more efficiently.
Need legal assistance for your startup? Just contact us.
Follow us and connect with us on Instagram, Facebook, Twitter and LinkedIn.