JobCannon Raises $500,000 in Pre-Seed Funding

JobCannon Raises $500,000 in Pre-Seed Funding

JobCannon, a Ukrainian-British recruiting AI service, has raised $500,000 in pre-seed funding.

The investment round was from White Hill Capital, backed by the World Bank.

White Hill Capital is a venture fund from Kazakhstan headed by Aslan Sultanov. Investments focus on technological start-ups and IT companies.

The company will use the capital to fund the further development of its SaaS product with the implementation of artificial intelligence.

Founded in 2022 by Peter Kolomiets and Andrii Cherednichenko, JobCannon is an AI-based recruiting startup that matches candidates with employers based on the skills and abilities of candidates. JobCannon focuses on revolutionizing recruitment through technology, aiming to simplify job searches and find ideal candidates for employers. The startup integrates AI into its system's algorithm to enhance the job search and recruitment process.

Funding Details

Company: JobCannon Ltd.

Raised: $500K

Round: Pre-Seed

Funding Month: January 2024

Lead Investors: White Hill Capital

Additional Investors:

Company Website: https://jobcannon.io/

Software Category: Recruiting