CBREX, an AI driven Exchange that used AI /ML to match jobs posted by employers to specialist recruiters/recruiting firms anywhere in the world, has raised $1.1 million in equity funding from a few Indian high net worth investors. The company was founded by Gautam Sinha in 2015.
The startup will invest the funds in business expansion in the US. They also plans to appoint resellers, senior sales people and senior management in the US and other international markets like Europe, Japan, Southeast Asia including India.
The startup use machine learning to connect job seekers and recruitment hub and also helps in hiring professionals. They also provide services to both companies and temporary staffing agencies.
The company claims to have 4200+ recruiting Members registered and placed candidates across 17 countries.