MoBerries, a Berlin, Germany-based AI-driven HR network startup, raised €1.8M in funding.
Backers included 42CAP, High-Tech Gründerfonds (HTGF), Littlerock and several angel investors such as Michael Brehm, Thomas Baum, Dr. Magnus Tessner, Tim Stracke, Paul Schwarzenholz, Björn Kolbmüller, Roman Kirsch, Dr. Joachim Bernecker, among others.
The company intends to use the funds for further development of its proprietary technology, international expansion and growth projects.
Co-founded in 2015 by Mo Moubarak, Terence Hielscher and Andre Zayarni, MoBerries utilizes an AI-based ranking system to operate an on-demand recruitment platform that allows companies to hire qualified candidates fast. In the network, all partner companies commit to share their talent pool of candidates which they do not hire and in exchange get access to fitting candidates from the entire pool of actively looking candidates without needing to pay hiring fees.
Their beta has already seen more than 150 digital companies utilizing the network with customers such as Lesara, Outfittery or Jodel able to fulfill more than 10 positions with a yearly membership.