micro1, a Los Angeles, CA-based provider of an AI-driven platform to hire software engineers, raised $1.3M in funding.
The round, which brought the company’s valuation to $30m, was led by Aryan Bhatnagar and Dream Ventures, with participation from investors including Jason Calacanis, Joshua Browder, Cory Levy, and among others.
The company intends to use the funds to further enhance its AI tools and expand its reach, connecting businesses with engineering talent.
Founded by Ali Ansari, micro1 helps companies to hire software engineers. When companies use the platform, they don’t have to worry about finding the top 1% talent, international employment laws, or benefits. The system also have a 1 week free trial per engineer. Once company have hired a top 1% engineer, they can use the platform to manage the talent at no extra cost. They can send bonuses, track hours, give raises, ask for replacements, and more. micro1 is also building AI tools for sourcing and vetting talent globally.
Since its launch, the company has gained significant traction, becoming profitable within three months of securing its initial funding.
FinSMEs
20/10/2023