AI-Powered Recruitment Platform Ashby Raises $50M in Series D Funding Round

Ashby, a San Francisco-based startup, has experienced significant growth with a 135% jump in ARR and a doubling of its customer base from 1,300 to over 2,700. The company's AI-powered platform is designed to streamline the recruitment process, attracting high-profile customers such as Ramp, OpenAI, Shopify, and Snowflake.

Following its successful performance, Ashby has secured $50 million in a Series D funding round, led by Alkeon Capital and Lachy Groom. The company plans to invest the capital in product development, enhancing its AI capabilities, customer success, and talent community programs. With a focus on North America and EMEA, Ashby aims to revolutionize the talent acquisition landscape as it continues to expand its global presence.