AI recruitment platform Tern Group raises $24 million in round led by Notion Capital
AI-Generated Summary
AI recruitment platform Tern Group has successfully raised $24 million in a funding round led by Notion Capital, bringing its total funding to $33 million. The company, which has seen tenfold growth and operates in 13 countries, utilizes its AI-led model to reduce hiring timelines by 60% and support professionals with global job placements. This investment will fuel expansion into new geographies and further development of its AI platform.
In a nutshell
This significant funding round for Tern Group underscores the increasing market confidence in AI-powered solutions to revolutionize global talent acquisition and mobility. It highlights how AI is becoming crucial for streamlining complex HR processes, from initial recruitment to cultural integration, for enterprises operating internationally.
Source: The Economic Times
