Alfa Secures £500K Funding to Revolutionize AI Recruitment

Deal News | Feb 19, 2025 | Business Cloud

Alfa Secures £500K Funding to Revolutionize AI Recruitment

Alfa, an AI recruitment startup, has secured £500,000 in pre-seed funding to advance its development of what it claims to be the world’s first truly intelligent AI recruiter. Positioned as a co-pilot rather than a replacement, Alfa's AI aims to automate administrative recruitment tasks, allowing hiring managers to focus on candidate engagement. Emphasizing DE&I, Alfa's system is designed to eliminate gender and racial biases that can be present in human recruiters. This funding round, led by Fuel Ventures and joined by contributors including Davie Rowe, Pierre Decote, and Chris Adelsbach, values Alfa at £4.75 million. Fuel Ventures' Mark Pearson highlights the revolutionary potential of Alfa's AI-driven recruitment approach in transforming how companies identify and secure top talent.

Sectors

  • Recruitment Technology
  • Artificial Intelligence
  • Venture Capital

Geography

  • United Kingdom – Alfa is a UK-based startup, and Fuel Ventures, a leading investor, is also based in this country.

Industry

  • Recruitment Technology – The sector in which Alfa operates, focusing on innovative solutions to streamline and improve the hiring process using technology.
  • Artificial Intelligence – Since Alfa is developing an AI-driven recruitment platform, the sector includes the use of AI in automating and enhancing recruitment processes.
  • Venture Capital – Relevant due to the involvement of Fuel Ventures and other investors in funding the startup.

Financials

  • 500,000 – Amount of pre-seed funding raised by Alfa.
  • 4.75 million – Valuation of Alfa following the pre-seed funding round.

Participants

NameRoleTypeDescription
AlfaTarget CompanyCompanyAI recruitment startup developing a platform designed to revolutionize hiring processes.
Fuel VenturesLead InvestorCompanyVenture capital firm leading the pre-seed funding round for Alfa.
Davie RoweInvestorPersonInvestor in the funding round, associated with Sixty Six & Black Green.
Pierre DecoteInvestorPersonInvestor in the funding round, associated with Revolut & Golden Square.
Chris AdelsbachInvestorPersonInvestor in the funding round, associated with Outrun Ventures.
Alfie WhattamCEOPersonCEO of Alfa, the company building the AI recruitment platform.