HERP Secures ¥1.9 Billion in Series C Funding Led by JIC Venture Growth Investments

HERP Secures Series C Funding

HERP, a Tokyo-based HR technology company, has successfully raised ¥1.9 billion in a Series C funding round. The investment was led by JIC Venture Growth Investments, with participation from DNX Ventures and Japan Finance Corporation. HERP aims to revolutionize the recruitment landscape in Japan by offering AI-driven solutions that enhance hiring processes.

Expanding AI-Powered Recruiting Platforms

HERP plans to use the newly acquired funds to expand its suite of AI-powered recruiting platforms, which include HERP Hire, Jobmill, and HERP Career. These platforms are designed to improve the recruitment process for employers, recruitment agencies, and job seekers alike. HERP Hire, an applicant tracking system, and Jobmill, a recruitment agency platform, have been adopted by over 4,000 companies. HERP Career, a job discovery service, boasts more than 100,000 monthly users.

The company's technology leverages AI to go beyond traditional hiring criteria, offering insights into candidate potential and cultural fit. HERP's AI Recruiter, introduced at over 200 companies, uses data from actual hiring processes to better match candidates with job positions.

Strategic Use of Funds

HERP plans to triple its workforce to 300 employees, further enhancing its capabilities in the HR tech sector. The company seeks to integrate data from its various platforms to offer a more comprehensive recruitment solution.

Location and Company Information

HERP is headquartered in Tokyo, Japan, operating from its address at 東京都品川区西五反田8丁目8番15号, カーニープレイス五反田8階, 品川区, 東京都 141-0031, JP.

For more details, visit their website.