Kula, a Walnut, California-based recruitment automation tool built for proactive recruitment teams that automate outbound hiring for fast-growing organizations, raised $12 million in seed funding.
The round was co-led by Sequoia Capital India and Square Peg Capital, with participation from existing investors Venture Highway and Together.
Kula will use the funds for talent recruitment for R&D, product, and go-to-market teams across its three offices in the US, Singapore, and India. The funds will also be used to reach out to more global clients.
Kula previously raised $2.7 million in pre-seed funding. Including the recently completed seed round, the firm has raised a total of $14.7 million.
Company: Kula Technologies Inc.
Raised: $12.0M
Round: Seed Round
Funding Month: Aug 2022
Lead Investors: Sequoia Capital India and Square Peg Capital
Additional Investors: Venture Highway and Together
Company Website: https://www.kula.ai/
Software Category: Recruitment Platform
About the Company: Kula is a recruitment automation platform founded in 2021 by Achuthanand Ravi, Sathappan Muthupalaniappan, and Suman Kumar Dey that broadens the talent pool by unifying all candidate sources and automating candidate outreach and engagement. Recruiters can then reach out to the best-fit talent via multiple channels and touchpoints using automated nudges. Kula makes it easy and quick for employees to refer new talent to their organizations, while also providing their leadership teams with a consistent and reliable view of their talent pipeline at all times. Kula is a SaaS platform that allows recruiters to create automated workflows to engage with candidates continuously, saving hours on repetitive tasks. The platform integrates with all of the tools recruiters use daily, such as LinkedIn, GitHub, Gmail, and the Applicant Tracking System (ATS). By automating outreach campaigns, recruiters can avoid spending countless hours on the most mundane tasks in the hiring process. The startup is currently pre-revenue with alpha customers and monetizes through its go-to-market strategy, which is primarily focused on the United States.
Source: https://www.techinasia.com/recruiting-platform-locks-12m-seed