Paraform, a San Francisco, CA–based AI-powered hiring platform, has raised $40 million in Series B funding, bringing its total capital raised to $65 million.
Investors
The round was led by Scale Venture Partners, with participation from Felicis, A* Capital, and Liquid 2 Ventures, alongside notable technology leaders.
Scale Venture Partners is a Bay Area–based venture capital firm focused on the next generation of enterprise software companies building AI-enabled applications. The firm typically invests in SaaS, cloud infrastructure, and data-driven technologies, primarily targeting Series A and B rounds to support companies as they transition from startup to scale-up phases.
Paraform Use of Funds
The company plans to deploy the new capital to expand its customer and recruiter network, accelerate product development, and scale its internal team.
About Paraform
Paraform is an agentic hiring platform that combines human recruiter expertise with AI-driven insights to help companies fill critical roles more efficiently. The platform connects thousands of specialized recruiters with organizations, leveraging proprietary data and machine learning models to improve candidate–company matching. Paraform focuses on understanding the deeper dynamics of hiring, including candidate motivations and organizational needs. It has supported over 1,000 companies across various functions, including engineering, finance, and go-to-market roles.
Funding Details
Company: Paraform, Inc.
Raised: $40.0M
Round: Series B
Funding Date: March 2026
Lead Investor: Scale Venture Partners
Additional Investors: Felicis, A* Capital, Liquid 2 Ventures, and other technology leaders
Company Website: https://www.paraform.com/
Software Category: AI Recruiting / HR Tech
Source: https://www.paraform.com/blog/series-b