Image default

Talent Sourcing Platform CBREX Raises $3 Mn In Fresh Funding

CBREX, a global B2B driven talent sourcing platform that connects enterprises and recruitment agencies, has raised $3 million in a Pre-Series A funding round led by WaterBridge Ventures.

As per the startup, the freshly raised funds will be used to ramp up the US go-to-market, on sales and marketing for new markets, and building new products. The startup will now expand its engineering teams and hire for design roles.

CBREX | B2B Driven Talent Marketplace

Co-founded by Gautam Sinha (CEO), Chandan Sardeshmukh (CPO), Karunjay Anand (CTO), and Sanjeev Punwani (COO), CBREX is a B2B driven talent sourcing platform that enables talent acquisition teams and recruitment agencies to collaborate for the recruitment of any talent anywhere in the world.

Speaking about the development, Gautam Sinha, Co-founder and CEO of CBREX, said,

“We have been fairly active in the US market and will be putting more focus there. We are also seeing potential for growth in the Middle East and Singapore.”

Gautam Sinha, Co-founder of CBREX

CBREX provides enterprises access to vendor analytics, fill ratios and pipeline analysis that automates their vendor engagement process making it more efficient and bringing down the time to hire.

The startup also enables recruiting firms of all sizes to access validated open requisitions from enterprise hirers, based on their areas of expertise. Its customers include technology, healthcare and pharma enterprises, with expansion into other tech-driven roles like robotics and financial services.

Currently, CBREX is present in over 20 countries. Over the next year, it aims for a 4-5x growth in revenues.

Commenting on the development, Anjali Sosale, partner at WaterBridge Ventures, said,

“Cross-border hiring is a new normal post Covid and CBREX enables any company to hire talent from anywhere in the world. We believe the era of companies chasing talent without borders is here. We are impressed with their early revenue growth in the India-US talent corridor and are excited to partner with them.”

Follow us and connect with us on Instagram, FacebookTwitter, and LinkedIn.

Note: If you are a budding entrepreneur and require assistance in new company registration or other startup related legal servicescontact us.

Source link

Related posts

Frore Systems Emerges From Stealth With $100M From Investors Including Mayfield And Qualcomm Ventures

Sarah Villa

Log9 Eyes A Big Pie Of EV Battery Space With Launch Of Li-ion Cell Manufacturing Unit

Sarah Villa

Pernia Parent Purple Style Labs Bags $14 Mn Funding For Global Expansion

Sarah Villa

Renault, Nissan investing $600 million to expand lineup in India

Sarah Villa

Govt Asks Twitter, Facebook, Other Social Media Firms To Take Steps To Remove Deep Fakes

Sarah Villa

Successful use of AI in government means doubling down on human and democratic values

Sarah Villa

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More