Hello, OptimHire community!
We’re entering an exciting new chapter at OptimHire. I’m proud to share that we’ve secured $5 million in new funding, led by Omar Hamoui of Mucker Capital, with participation from SparkLabs, Citta Capital, Pitbull Ventures, and VSC Ventures.
Why This Matters
Hiring has long been an expensive, time-consuming process. Recruiters charge 20% or more of a candidate’s salary, and companies spend months filling critical roles. OptimHire changes that. By combining AI-driven efficiency with a risk-free hiring model, we help companies hire 10x faster while reducing costs by 80%—all while ensuring they only pay for results.
A Toast to Our Incredible Team and Community
This achievement isn’t simply a proud moment – it’s a testament to our team’s relentless dedication, our clients’ trust, and our community’s belief in OptimHire’s mission. Together, we’ve transformed hiring challenges into thousands of job opportunities. And we’re only getting started.
What’s Next?
With this fresh capital, we’re going full steam ahead. Here’s a sneak peek into what’s ahead for OptimHire:
- Global Expansion: In 2024 alone, we helped businesses like Amazon and Google fill a mind-blowing 8,000 roles! Now, we’re setting our sights on new horizons – and new markets – to bring outcome-based, AI-driven recruiting to businesses worldwide.
- Continued Innovation: Our AI recruiter starts at $0.33 per task (that’s no typo!) and can already deliver hires in 12 days on average. You can expect new cutting-edge features and enhancements that make hiring not just efficient – but also pleasant to interface with.
- Shaping the Future of Work: We’re not simply filling jobs – we’re creating opportunities and driving the conversations and technology that redefine how hiring happens.
A Heartfelt Thank You
To every client, partner, team member, and supporter: we’re grateful for your continued support as we change how companies find top talent, and how candidates find a fulfilling career. Here’s to scaling new heights, breaking new ground, and redefining the future of recruitment together!
Stay tuned,
Larry (Lakshmi) Kodali
