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Egypt’s Talent Arena Raises $750K, Plans to Enter Middle East

Egypt's Talent Arena Raises $750K, plans to enter middle east

Talent Arena, an AI-assisted hiring engine, has raised $750,000 in pre-seed funding in a round led by Cairo-based venture capital fund, UI Investments, alongside a host of Saudi investors.

Founded in 2019, Talent Arena has made a name as a pioneering force in the AI recruitment industry, helping to bridge the unemployment gap in Africa.

What’s more, through its platform, hiring organizations are able to scout talents and arrive at their ideal employees matching their requirements.

Also Read: Nigeria’s Insurtech Raises $1.25M in Pre-seed Funding

The company, according to Aya Elgebeely- Founder and CEO of Talents Arena- leverages advanced algorithms and machine learning models that help match qualified job seekers with suitable vacancies.

In addition, with the new funds in the bag, the company is now gearing up for its expansion into Saudi Arabia and the lager Gulf Cooperation Council (GCC) region.

“This funding milestone enables us to accelerate the development of our AI hiring engine and expand our footprint in the Saudi market that already accounts for 25% of our client base,” CEO Elgebeely noted.

“We are excited to bring our cutting-edge technology to businesses across industries in Saudi Arabia and the Middle East, helping hiring managers and recruiters find talents faster with higher accuracy and at a better economical value.”

Talent Arena Revolutionary  Mission 

Having come through reputable startup mentorship programs including the Flat6Labs and the Plug and Play, Talent Arena has exuded investor confidence and proven to be a worthwhile solution in the industry. 

So far, the company boasts of having made more than 180,000 jobs and placed thousands of candidates in suitable jobs. 

Also Read: Egyptian e-Health Start-up Rology Acquires Saudi Firm Arkan United 

The goal, according to Talents Arena is to disrupt hiring practices by providing a time-efficient way of scouting for employees and at the same time ensure that candidates meet hiring KPIs.

The company now looks to establish itself as the go-to recruitment solutions the Middle Eastern market and beyond.