Bengaluru: HireBound, an AI-powered recruiting platform, has raised $2 million in a Seed funding round led by Kalaari Capital, with participation from Antler, Infinyte Club, and CareerNet. The fresh capital will support product innovation, global expansion, and commercial scale as the company targets a 5x increase in annual recurring revenue (ARR) over the next 12–18 months.
As AI agents increasingly reshape knowledge work and enterprise operations, recruiting is also moving toward an AI-first paradigm. With evolving roles and rapidly shifting skill requirements, organisations are seeking systems capable not just of tracking applicants, but autonomously executing hiring workflows at scale.
HireBound plans to deploy the new funding across three strategic areas. On the product front, the company will advance its agentic AI engine to autonomously manage larger segments of the recruiting lifecycle across roles, geographies, and channels. It will also deepen integrations with ATS and HRMS platforms while enhancing hiring analytics capabilities.
Commercially, HireBound will expand its sales, delivery, and customer success teams to support staffing firms, recruitment partners, and enterprise clients across both SaaS and managed hiring models. The company also intends to strengthen its engineering, AI/ML, and operations teams to power the next phase of growth.
Currently, HireBound’s platform automates sourcing, engagement, screening, evaluation, and recommendations end-to-end. The system has powered over 3 million candidate conversations and is trained on more than 2 million resumes and 30,000 job openings. The company states that it delivers qualified, interview-ready candidates while significantly reducing recruiter workload.
Speaking on the fundraise, Sharad Vij, Co-founder of HireBound, commented, “Recruitment today is still heavily manual, fragmented, and slow. Traditional ATS systems are systems of record, not systems of action. HireBound changes that. Our agentic AI doesn’t just track candidates it engages, screens, evaluates, and delivers outcomes. With Kalaari Capital leading this round, we’re excited to partner with investors who understand category-defining technology businesses. This backing enables us to double down on AI R&D, scale globally, and evolve from a hiring copilot into a true talent-intelligence layer.”
Kumar Vikramaditya, Co-founder of HireBound, added, “We are building HireBound for recruiting in the AI-first world. HireBound’s AI agents handle high-context and high touchpoint tasks across sourcing, engagement and evaluation while continuously learning from hiring signals and feedback loops. Our focus is on creating AI systems that can operate across diverse roles and geographies, with autonomous execution across the recruiting lifecycle..”
Commenting on the investment, Jayraj Bharat Patel, AVP, Kalaari Capital said, “We believe HireBound is building the execution layer that recruiting has been missing. Their agentic architecture and recruiter-first design address a massive gap in high-velocity and multi-location hiring. As global demand for AI-driven efficiency grows, HireBound is well-positioned to redefine how modern hiring teams operate. We are super excited to partner with Sharad and Vikram on this endeavour.”
HireBound currently operates with a 15-member team spanning product, AI/ML, engineering, delivery, and go-to-market functions. With growing traction among staffing firms and enterprise talent teams, the company plans to deepen its presence in international markets over the next 12–24 months, adapting to regional compliance and hiring frameworks.
As it scales globally, HireBound aims to position itself as foundational infrastructure for modern recruiting — where AI handles operational execution, and human recruiters focus on strategic decision-making and relationship building.
