Pulsifi, the Singapore and Malaysia-based human resource artificial intelligence (AI) startup has raised $ 1.8 million in an angel round. This brings its total funds raised to $ 4 million.
Aaron Chen, founder and managing director of KVC group, Kairous Capital, and Rajesh Lingappa, co-founder of RedMart, participated in this round along with the existing investors.
Pulsifi’s people data platform combines many sources of people data and employee performance to analyse their soft and hard skills. An AI model is then used to predict work outcome and offer personalised recommendations, with an accuracy of up to 90 per cent. This helps enterprises improve talent acquisition in terms of quality and efficiency.
The funds will go towards strengthening Pulsifi’s product development in areas of the talent life cycle, hiring, employee management, personalised learning and development. Europe comes into the picture as a part of the product expansion plan, as many of the Company’s multinational clients are present there. It’s also a large market for HR tech and will help grow the global customer base for the Company as well.
The pandemic has enabled Pulsifi to serve customers in the manufacturing, healthcare and telecommunications sectors. The B2B company’s vision in building a compelling product, that is relevant globally, makes it popular amongst corporations facing drastic changes in the areas of talent management, retention and upskilling amidst the pandemic-induced disruptions.
Founded in 2016 by Jay Huang and Pete Yoong, Pulsifi has its headquarters in Singapore.