500 Startups-backed Talkpush bags funding to expand to Latin America

Talent acquisition tech is gaining a foothold in Latin America, where companies plan to increase automation by up to 45% in areas such as recruitment. Moreover, 54% of organizations look to boost investment in HR tech this year.

That’s according to Hong Kong-based recruitment platform Talkpush, which has announced that it’s secured an undisclosed amount of investment from Colombia-based Latin Leap.

Incorporated in Singapore, Latin Leap is a venture capital studio that aims to open up opportunities in Latin America for Asian startups.

Photo credit: Dmitriy Shironosov / 123rf

Founded in 2014, Talkpush uses robotic process automation technology to optimize traditional recruitment processes. It also employs AI, big data and analytics, cloud computing, and social media for talent acquisition, candidate pipeline management, and recruitment analytics. The company claims its solutions help talent acquisition teams to eliminate 95% of manual tasks.

With the new funds, Talkpush plans to drive its growth in Latin America, with the intention of introducing its product, Felipe Bot, over the next few months.

According to the company, its seeing an increased global demand for digital recruitment as companies deal with the Covid-19 pandemic.

“The focus on digital recruitment has accelerated in the age of social distancing, and employers around the world are looking for digital solutions that will help them accelerate recruitment as economic activity resumes,” said Max Armbruster, founder and CEO of Talkpush.

The startup serves customers in the retail, business process outsourcing, and staffing sectors, including companies such as Walmart, Teleperformance, and Adecco, among others.

It previously raised funding from 500 Durians, London-based seed fund Seedcamp, and Hong Kong-based early-stage fund Cocoon Ignite Ventures.