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Silicon Flash > Blog > Investments > HiringBranch Receives $2.5M in Growth Financing from CIBC Innovation Banking
Investments

HiringBranch Receives $2.5M in Growth Financing from CIBC Innovation Banking

Published April 23, 2025 By Juwan Chacko
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HiringBranch Receives .5M in Growth Financing from CIBC Innovation Banking
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Montreal-Based HR Tech Startup Secures $2.5M in Growth Financing

HiringBranch

HiringBranch has recently announced a significant milestone in its growth journey. The Montreal-based HR tech startup has secured $2.5M in Growth financing from CIBC Innovation Banking to fuel its expansion plans.

This latest funding will enable HiringBranch to further enhance its market reach and solidify its position in the industry.

Co-founded by Patricia Macleod and Stéphane Rivard, HiringBranch leverages native AI technology to assess soft skills through conversations. By automating the evaluation of soft skills traditionally conducted during interviews, the platform streamlines the hiring process and reduces the number of interviews required.

With a focus on serving high-volume hiring companies such as Bell Canada and Infosys, HiringBranch has quickly gained traction in the market.

Earlier this year, the company raised $5M in Series A funding, led by Crédit Mutuel Equity, with participation from Export Development Canada and Anges Québec.

Stay tuned for more updates on HiringBranch’s innovative solutions and continued growth.

FinSMEs

23/04/2025

See also  Should You Invest in Rivian Stock Following Its Recent Dip?
TAGGED: 2.5M, Banking, CIBC, Financing, Growth, HiringBranch, innovation, receives
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