HiringBranch, a Montreal-based HR technology company, announced a $2.5 million investment from CIBC Innovation Banking. HiringBranch provides AI-powered conversational voice and chat assessment solutions to help organizations hire at scale.
“For too long, hiring has been driven by outdated processes and technology that fail to reflect the realities of today’s workforce,” Stéphane Rivard, HiringBranch co-founder and CEO, said in a statement. “AI and skills-based hiring are game changers, but adopting them at scale has been out of reach for most large enterprises and contact centers.”
The company’s solution assesses soft skills based on candidate conversations, aiming to save enterprises and call centers time during interviews. HiringBranch counts enterprises like Infosys and Bell Canada among its customers. Its fresh injection of capital will allow HiringBranch to expand its market reach.
