Velents secures seed funding to expand the AI recruiter in Saudi Arabia

Velents secures seed funding to expand the AI recruiter in Saudi Arabia

Velents is thrilled to announce the closing of its seed investment round. A15 leads this oversubscribed first round with participation from Nibras Capital, AUC Venture Lab, and some local investors from the Middle East.

Velents is an AI recruiter that can filter candidates' CVs, interview them, and assess their language, skills, and coding capabilities, which sum up a total saving of up to 80% of your hiring cost and increase by 400% the number of interviews per year. This Automation comes with an Applicant Tracking System and APIs that support hiring platforms to become AI-powered.

“Closing our seed round to expand in Saudi Arabia to work closely with the ministries and government to match The Kingdoms vision 2030 goals - amidst a challenging macroeconomic climate, is not just a milestone—it's a testament to the urgent need and belief in Velents' mission to remove Bias across the hiring process. We are excited and ready to propel forward with the support of our exceptional investors and partners,” added Mohamed Gaber, co-founder and CEO of Velents.

“Velents is forging a new path in the recruitment automation and assessments phase. The platform is also exploring expansion into sharing its API and expanding with government entities across the