Jobizo Raises $1.4M Pre-Series Funding, Eyes Global Expansion – EdTechReview

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Jobizo, a healthcare hiring platform designed to revolutionize the hiring process for healthcare businesses, has raised $1.4 million in pre-series funding led by Alkemi Growth Capital. This latest investment follows the $500,000 seed funding round led by AROA Ventures in 2022, which catalyzed the company’s growth by over 500%, facilitated over 20,000 jobs in India and International countries, and helped fill over 10 million job hours.

Co-founded in 2021 by Naveen Trehan and Avishek Agarwal, Jobizo aims to revolutionize talent acquisition in the Indian healthcare sector through an AI-powered platform that connects employers with skilled professionals. The platform has contributed to over 10 million additional patient care hours in India. It continues to address hiring challenges by reducing hiring timelines and costs while offering healthcare businesses access to a verified pool of candidates. The platform strives to create a friendly atmosphere for workers and address skill gaps by leveraging its growing investor network and industry knowledge.

Speaking on the fundraising, Jobizo co-founders Naveen Trehan and Avishek Agarwal said:

The fund allows us to enhance our platform’s offerings and expand Jobizo’s reach in both domestic and international job markets. We believe it will support us in building the required infrastructure to bridge the skills gap in the global healthcare sector and provide flexible job opportunities to qualified professionals. Meanwhile, we are working on strengthening our core team through strategic hiring and executing our expansion goal one city at a time.

The company claims to have facilitated over 20,000 employment in India and other countries, filling over 10 million job hours. Its significant Machine Learning module analyzes recruiting patterns in healthcare facilities and recommends skilled and verified individuals to employers based on their needs. Employers can also send appropriate exams and perform live interviews within the app to screen professionals before hiring. Jobizo’s unique technology is revolutionary, from automatic professional background verification to customized recruiting. It also aims to change how firms hire, and professionals select jobs in the healthcare industry.

Investment partner Alka Goel shared her views on the platform’s growth potential:

Jobizo is redefining healthcare talent recruitment and flexible work models in India and the US by leveraging technology to connect skilled medical and allied healthcare professionals with employers. Healthcare talent recruitment is a highly unorganized, large, and fast-growing market in India and globally. As healthcare businesses increasingly shift towards optimizing their hiring strategies, utilizing on-demand talent, and leveraging technology, specialized healthcare recruitment brands like Jobizo appear well-positioned to lead this pace.

She added:

The company’s strong execution, combined with rapid client adoption across India and global markets, in a scalable business model, aligns with Alkemi’s investment strategy. We believe in backing market disruptors, and Jobizo’s data-driven solutions and proven talent engagement approaches address some of the most critical needs in the global healthcare recruitment market.

With the funding, Jobizo aims to create over 100,000 jobs in India and 3,000 jobs abroad within 18 months. As part of its long-term goals, the platform aims to fill over 40 million job hours in the coming years.

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