micro1, a Los Angeles, CA-based company that provides an AI-driven platform to hire software engineers, has raised $1.3 million in funding.
SaaS Investors
The investment round, led by Aryan Bhatnagar and Dream Ventures, with participation from notable investors including Jason Calacanis, Joshua Browder, Cory Levy, and others, brought the company's valuation to $30 million.
Founded in 2022, Dream Ventures is a venture capital firm based in Las Vegas, Nevada. The firm prefers to invest in seed-stage and early-stage firms.
micro1 Use of Funds
micro1 plans to use the funds to further enhance its AI tools and expand its reach, connecting businesses with engineering talent.
About micro1
micro1 is a developer of a recruiting platform designed to hire remote software developers. The company's platform allows one to enlist the requirements, get recommendations, interview developers, one week trial that allows testing the developer, helping companies find and hire remote software engineers easily. The platform helps companies find and hire software engineers, streamlining the hiring process and offering tools for managing talent once they're onboarded.
Funding Details
Company: micro1, Inc.
Raised: $1.3M
Round: Unknown
Funding Month: October 2023
Lead Investors: Aryan Bhatnagar and Dream Ventures
Additional Investors: Jason Calacanis, Joshua Browder, Cory Levy
Company Website: https://www.micro1.ai/
Software Category: AI Recruiting Platform
Source: https://www.finsmes.com/2023/10/micro1-raises-1-3m-in-funding.html