The Toronto, Canada-based AI-driven global recruitment platform Borderless AI announced today that it has raised $27 million inseed funding to leverage the power of generative artificial intelligence to automate and accelerate the onboarding, management, and payroll processes for international team members. The funding round was led by Susquehanna and Aglaé Ventures, the latter being the venture capital firm of the world's current richest person, Bernard Arnault.
The company plans to use the raised funds to expand into new markets and further refine its existing artificial intelligence product suite.
Borderless AI was founded in 2023 by serial entrepreneur Willson Cross and Lyft founding investor Sean Aggarwal, and is the world's first company to introduce AI agents into the human resources industry. Borderless AI's new AI agent Alberni can quickly solve complex HR problems and automate processes in any country/region around the world, such as onboarding, management, and payroll processes for international team members, addressing international labor law challenges, while accelerating geographic expansion and ensuring recruitment process compliance.
(News source:Reuters）