Brazil-based Gupy raised USD $7 million for its applicant tracking system (ATS). In a blogpost Mariana Dias, Gupy’s CEO, stated that the firm will focus the funds on expansion of artificial intelligence for better candidate matching and hiring diversity.
South America, as a region, has seen increased HR tech investment activity in the last few years. HRWins has tracked USD $328.3 Million invested in Brazil-based HR technology providers since January 2017.
Source: R $ 40 million investment: how we will accelerate Gupy’s mission