Return to: Business NewsAI-Powered Recruitment Startup IntelliRec Joins FasterCapital’s LaunchUp ProgramIntelliRec, a Pakistan-based startup aiming to transform the recruitment landscape with artificial intelligence, has officially joined FasterCapital’s LaunchUp program. The company, founded by Muhammad Adeel, is currently raising $500K to accelerate product development, scale operations, and expand market reach. IntelliRec offers an AI-powered end-to-end recruitment platform that automates skill assessments and structured interviews using generative AI. By focusing on the efficiency, objectivity, and scalability of the hiring process, IntelliRec targets pain points such as lengthy timelines, inconsistent evaluations, and high recruitment costs, particularly for technology-driven industries. Hesham Zreik, CEO of FasterCapital, shared his enthusiasm: “We’re proud to welcome IntelliRec into the LaunchUp program. The team is addressing one of the most crucial aspects of business success—recruitment—with a fresh, AI-driven approach that aligns well with global hiring needs.” He added, “What makes IntelliRec stand out is its ability to unify assessment and interview processes into a streamlined, data-driven system. It’s an innovation that holds great promise for improving recruitment at scale.” Muhammad Adeel, founder of IntelliRec, expressed his excitement about the partnership: “Joining FasterCapital’s LaunchUp program is a major milestone for us. Their support will be instrumental in refining our go-to-market strategy, securing funding, and building meaningful industry connections as we work to bring AI-powered hiring to organizations worldwide ... News Release: AI-Powered Recruitment Startup IntelliRec Joins FasterCapital’s LaunchUp Program Submitted on: June 27, 2025 11:00:28 AM Submitted by: Sally Yazji On behalf of: fastercapital.com/news/ai-powered-recruitment-startup-intellirec-joins-fastercapitals-launchup-program.html |