Saudi HR tech startup Scalers raises SR2m in seed round

Saudi HR tech startup Scalers raises SR2m in seed round



Scalers, an online competency-based learning and placement company, has raised SR2 million ($533,000) in a seed round funded by angel investors from both the recruitment and talent development world. Founded last year by Mohammed Alsaeed and Faysal Alghethber, the company is working to bridge the gap between traditional education and the skills required by employers.
Scalers identifies Saudis with potential talent in sales and business development, trains them in best practices via world-class instructors, then connects them to employers both within and outside its network. The funds will be used to expand the team, allowing Scalers to increase the number of Saudis it can train, the number of hiring businesses it can support, and the breadth of training subjects it offers.