Key Highlights
- Egypt-based AI recruitment company Talents Arena, has raised a $750,000 pre-Seed funding round from UI Investments, alongside several Saudi and regional angel investors.
- Founded in 2019 by Aya Elgebeely, Talents Arena uses an AI-powered hiring engine to help organisations hire talent by fully automating the recruitment life cycle.
- The Flat6Labs portfolio company will use the new funds to fuel its expansion plans into Saudi Arabia and the GCC.
AI recruitment firm, Talents Arena, has announced the successful closure of $750,000 in pre-seed funding from UI Investments, in addition to notable Saudi and regional angel investors. This financial boost comes at a pivotal moment for the company as it solidifies its position as a trailblazer in the AI recruitment sector, effectively addressing unemployment challenges in the Middle East and Africa.
As a member of Flat6Labs’ esteemed portfolio and a graduate of Plug and Play’s renowned startup accelerator program, Talents Arena’s attainment of pre-seed funding underscores investors’ confidence in the vast market potential within the Middle East.
Leveraging its innovative talent mining engine and automation capabilities, Talents Arena has facilitated over 180,000 job matches and successfully placed numerous candidates in tech-related roles. With expansion plans underway in Saudi Arabia and the GCC, the newly secured funds will fuel the company’s growth initiatives.
Aya Elgebeely, Talents Arena’s Founder and CEO, highlighted the company’s advanced technology, which utilizes sophisticated algorithms and machine learning to identify top-tier talent and match them with suitable job opportunities. This approach streamlines the hiring process for both employers and job seekers, enhancing efficiency and effectiveness.
In light of the International Labour Organisation’s report revealing 6 million unfilled jobs in the Middle East and Africa, Talents Arena’s AI-driven approach aims to revolutionize traditional hiring methods, significantly reducing time-to-hire and improving job matchmaking accuracy. By introducing technological innovation to recruitment practices, Talents Arena aims to become the preferred solution for companies across the Middle Eastern market and beyond.
Elgebeely emphasized the significance of this funding milestone in accelerating the development of Talents Arena’s AI hiring engine and expanding its presence in the Saudi market, which currently constitutes a quarter of its client base. With a strong commitment to advancing recruitment processes, Talents Arena aims to empower businesses in Saudi Arabia and the broader Middle East to discover talents efficiently and cost-effectively.
Founded in 2019 by Aya Elgebeely, an accomplished Egyptian entrepreneur and technology expert, Talents Arena boasts a distinguished track record in tech leadership and product delivery. Elgebeely’s expertise, recognized through accolades such as IBM Inventor and certified Cloud Engineer, underscores her commitment to driving innovation in the recruitment sector.
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