Egypt-based AI recruitment company, Talents Arena, secured a pre-seed funding round of $750,000. The investment was contributed by UI Investments, a financial backer, alongside various angel investors from Saudi Arabia and the broader regional landscape. The purpose of this investment is to support the expansion plans of Talents Arena, particularly targeting the Saudi Arabian market and the GCC region. The funds will serve as a catalyst for the company’s growth strategy in these areas. 

Reasons Behind the Investment

 Investors backed Talents Arena’s pre-seed round for several factors, including that the company operates within the AI recruitment domain, addressing a critical need for efficient and accurate talent acquisition. Talents Arena’s track record of facilitating over 180,000 job matches and successfully placing candidates in tech roles underscores the effectiveness of their technology.

 Furthermore, the company’s focus on the Middle East and Africa region, which faces a significant unemployment gap, positions them as a pioneer in bridging this divide through innovative hiring practices. The expansion plans into Saudi Arabia and the GCC also align with the robust growth potential of these markets. The company’s AI-driven approach significantly reduces time-to-hire and enhances job matching, directly addressing the challenges faced by recruiters in the rapidly evolving tech landscape. The investors’ confidence in Talents Arena’s ability to bring technological advancements to recruitment practices, ultimately benefiting companies across industries, serves as a compelling rationale for their investment.

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Overview of Talents Arena

Founded in 2019 by Aya Elgebeely, Talents Arena is an AI recruitment company based in Egypt. Aya Elgebeely, an experienced tech entrepreneur, leads the company with a proven history of successful tech project leadership and contributions.

Talents Arena utilizes an AI-driven hiring engine that fully automates the recruitment life cycle. The company’s unique technology offers advanced algorithms and machine learning models, drawing on a vast dataset of human decisions to efficiently match talents with suitable job vacancies. By leveraging technology, Talents Arena streamlines and optimizes the hiring process for both employers and job seekers, addressing challenges in the recruitment landscape.

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The company’s unique approach has led to over 180,000 job matches and successful placements in the tech industry. In addition to its association with the Flat6Labs portfolio, Talents Arena is an alumnus of the renowned Plug and Play startup accelerator program. The company’s success and market potential have attracted strong investor confidence, evident from the pre-seed funding secured. Talents Arena’s expansion plans target Saudi Arabia and the GCC, aiming to provide cutting-edge technology to streamline hiring processes and enhance talent acquisition accuracy across the Middle Eastern market and beyond.

Charles Rapulu Udoh

Charles Rapulu Udoh is a Lagos-based lawyer, who has several years of experience working in Africa’s burgeoning tech startup industry. He has closed multi-million dollar deals bordering on venture capital, private equity, intellectual property (trademark, patent or design, etc.), mergers and acquisitions, in countries such as in the Delaware, New York, UK, Singapore, British Virgin Islands, South Africa, Nigeria etc. He’s also a corporate governance and cross-border data privacy and tax expert. 
As an award-winning writer and researcher, he is passionate about telling the African startup story, and is one of the continent’s pioneers in this regard