CIBC Innovation Banking provided $2,500,000 in growth capital to HiringBranch. The company will use the financing to expand its market reach.

HiringBranch is transforming the way enterprises and contact centres hire at scale with its tailored conversational voice and chat assessment. This approach helps reduce the number of interviews needed by automating the soft skills assessment traditionally evaluated by a person in an interview.

“For too long, hiring has been driven by outdated processes and technology that fail to reflect the realities of today’s workforce,” said Stéphane Rivard, Co-Founder and CEO of HiringBranch. “AI and skills-based hiring are game-changers, but adopting them at scale has been out of reach for most large enterprises and contact centres. That’s why we’re thrilled to have the support of CIBC Innovation Banking as we unlock the power of soft skills, by finally measuring what was once considered immeasurable.”

“We are excited to extend our relationship with HiringBranch as it continues its growth and leadership within the human resources space,” said Eric Laflamme, Managing Director, CIBC Innovation Banking. “Our main goal is to provide the company with flexibility for the road ahead.”