EdtechReview.in recently reported on a groundbreaking HRTech startup, Scalers, that closed a $1.8 million (SAR 7 million) funding round to revolutionize the hiring process for HR managers. Sadu Capital and Access Bridge Ventures led the investment round, recognizing the potential of the company to disrupt the recruitment industry.
Scalers is distinguished in the HRTech space by providing comprehensive recruitment solutions that accelerate the process of filling roles with qualified candidates. Hiring managers rely on the platform to sift through hundreds of data points and present them with pre-qualified candidates in a fraction of the time it takes to do so manually.
The Saudi-based startup proactively sources talent from dozens of channels for pre-selected job verticals, qualifying them through engaging yet practical tests, and instantly matching them with employers. Scalers also offers support with closing vacancies by coordinating the interview scheduling, job offer guidance, and talent-to-employer communication.
Commenting on the company, Co-founder & CEO of Scalers, Mohammed Alsaeed, stated: “Our platform is more than a bridge to high-quality talent; it’s a comprehensive recruitment copilot. Imagine having a super recruiter at your fingertips who’s shortlisted the candidates before you start looking and is equipped with deep insights and an unparalleled understanding of your talent preferences.”
Scalers’ innovative approach addresses an urgent need for efficiency and accuracy in talent acquisition in a market with over 1.2 million active businesses on the General Organization for Social Insurance. The SaaS-based platform blends advanced technology infrastructure and practical recruitment principles, offering an automated yet customized hiring experience.
Co-founder & CTO of Scalers, Mohammed Ghawanni, said: “Scalers leverages advanced matching algorithms and a rigorous vetting process to offer a pre-vetted talent pool unparalleled in quality. Each candidate profile comes from meticulous curation, ensuring hiring managers have immediate access to the right talent.”
Qusai AlSaif, CEO & Managing Director of Sadu Capital, commented: “Our investment in Scalers, a leading recruitment platform in Saudi Arabia, seeks to use Scalers’ cutting-edge matching algorithm to bring employers and skilled job seekers together with ease, addressing the region’s growing talent shortage. The Middle East staffing & recruitment market is projected to reach US$ 86.1 billion by 2028 with a CAGR of 9.4% from 2023 to 2028, and Scalers is well-positioned to become a major player in the Saudi Arabian recruitment market, the largest in the Middle East and North Africa (MENA).”
The fresh funds will be used to improve product offerings, strengthen hiring services, and expedite market expansion into new job verticals. With this investment, Scalers is set to establish itself as the go-to recruitment solution for hiring managers across multiple industries.
HR managers and teachers everywhere are overwhelmed with the recruitment process and are constantly in search of ways to simplify it. Scalers’ solution provides an efficient answer to this problem, saving time and effort while helping to source high-quality talent. If you are a teacher or HR manager, this is definitely a platform to keep an eye on.