Mocha raised $600k in pre-Series A round, sees participation from Freshworks CEO Girish Mathrubootha
Digital skills assessment platform ‘Interview Mocha’ has raised a pre-series A funding round of $600k with participation from Girish Mathrubootham, CEO of Freshworks, Vaibhav Domkundwar of Better Capital, and Anand Chandrasekharan, former director at Facebook.The fresh round of funding will be used for the company’s rebranding campaign among other operations.
The platform helps recruiters and hiring managers screen candidates and identify skill proficiencies, with the intent of speeding up hiring cycles.The startup currently has an annual recurring revenue of $2 mn.
Co-founder Mishra said that the pandemic had accelerated digital transformation initiatives across organisations and this was fuelling demand for the company’s online assessment products. “It is forcing organizations to adapt to the new normal worldwide. We see that enabling organizations to more accurately measure, up-skill, and assess candidates and employees is becoming more and more important, which is driving up demand for our product.”