X0PA AI, a Singapore-based leader in AI-powered objective hiring solutions, announced that it raised $4.2 million in Series A funding.
The round was led by ICCP SBI Venture Partners (ISVP), with additional funding from SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments.
The new funding comes on the back of significant growth into new markets and the launch of trailblazing inclusive hiring innovations.
Company: X0PA AI Pte Ltd
Raised: $4.2M
Round: Series A
Funding Month: January 2022
Lead Investors: ICCP SBI Venture Partners (ISVP)
Additional Investors: SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments
Company Website: https://x0pa.com/
Software Category: B2B AI-powered SaaS platform
About the Company: X0PA AI was established by our Founder & CEO, Nina Alag Suri, in 2017 to reduce the inefficiencies and subjectivity of traditional hiring processes. X0PA AI is a B2B AI-powered SaaS platform that helps in people's decisions around talent and enables scientific and objective choices in hiring and selections. X0PA’s patented AI algorithms are used to source, score, and rank talents with each candidate assessed beyond age, gender, race. It is aligned with the UN SDGs of equal and fair opportunities to all by ensuring both capability and compatibility on both employer and employee sides. Through ethical AI and data science, aim to maximize objectivity in hiring and ensure workplace happiness through equitable and best matches between employee and employer. X0PA is headquartered in Singapore and has offices across APAC, India, UK, UAE, and partners across the globe.
Source: https://www.prnewswire.com/news-releases/x0pa-ai-raises-4-2-million-in-series-a-funding-to-scale-ai-powered-objective-b2b-hiring--selections-solution-301450354.html