Neufast Raises US$1.1M Pre-Series A to Transform Recruitment and Language Training with AI-Powered Multilingual Platform
Summary
It aims to enhance students language and communication competencies through automated video interviews provided by the Neufast system, thereby increasing their competitiveness in the graduate hiring process in business, construction, hotel and tourism, and nursing profession. Since then, Neufast has helped employers in eight markets, including Hong Kong, Singapore, and Austria, assess tens of thousands of candidates through AI-powered video interviews, driving efficiency while ensuring compliance with PDPA and equal opportunity standards.Designed to meet the rising demand for fair and scalable hiring practices, Neufasts platform serves organizations in three key ways: Recruitment: Automates early-stage interviews, generating tailored, role-specific questions that assess both technical skills and language fluencyessential for roles like insurance agents, healthcare workers, and language educators. Bias-Free Evaluation: Uses patented AI algorithms to assess candidates based purely on their responses, eliminating bias linked to gender, age, accent, skin color, or dialecthelping employers align with anti-discrimination employment standards.By embedding recruitment, skills development, and compliance into a single platform, Neufast empowers enterprises to build agile, multilingual workforces ready for todays diverse markets.As organizations across APAC and the EU face increasing pressure around data governance, cybersecurity, and fair hiring practices, the need for secure, AI-driven recruitment and language solutions has surged. Neufasts ISO 27001:2022 certification and integration with SAPs HR ecosystem position it uniquely to support regulated industries at scale.Traditional recruitment processes are slow, costly, and inefficient, causing companies to miss out on top talent. Weve backed them from the start and believe now is the right time to scale, as demand grows for fair and culturally aware AI solutions, said Oscar Ramos, Managing General Partner at Orbit Startups.Neufasts early investors include SOSV Orbit Startups, Artesian Venture Partners, Her Capital Ventures, AsiaPay Capital, and Connect Beteiligung GmbH in Vienna, Austria.With the new funding, Neufast plans to expand its engineering team, further refine its proprietary large language models (LLMs), and build industry-specific integrationswith a particular focus on the insurance and healthcare sectors.