micro1: AI Recruiting Company Raises $3.3 Million

By Dan Anderson ● Oct 24, 2023

micro1 – an innovative AI-driven platform transforming how top engineering talent is sourced and vetted globally – recently announced an oversubscribed $1.3 million investment. This funding round and the initial $2 million pre-seed investment have advanced the company’s valuation to an impressive $30 million. The funding round was led by Aryan Bhatnagar and Dream Ventures, with participation from prominent investors, including Jason Calacanis, Joshua Browder, Cory Levy, and others, who share micro1’s vision for the future of human-AI collaboration in software development.

Micro1 founder Ali Ansari embarked on his entrepreneurial journey at the age of 12 and demonstrated a remarkable aptitude for business. Plus his tenacity led him to create various ventures, including cashbooksnow and peerlinc.com before founding micro1. And Ansari’s determination and entrepreneurial spirit have been the driving force behind the company’s rapid growth.

Micro1 was born from Ali Ansari’s extensive experience in the tech industry. And during his time at UC Berkeley, he founded ‘moontek’, a successful software development agency that attracted numerous clients seeking pre-vetted engineers. This helped lay the foundation for micro1, which quickly outgrew its predecessor, prompting Ansari to focus his efforts entirely on the platform. Since launching, micro1 has gained significant traction, becoming profitable within three months of securing its initial funding.

This recent investment from Dream Ventures – spearheaded by Aryan Bhatnagar – represents a pivotal moment in micro1’s journey. The funding round will enable the company to further enhance its AI tools and expand its reach, connecting businesses with top engineering talent seamlessly.

KEY QUOTES:

“It feels surreal to see micro1’s rapid growth and be valued at $30 million in less than two years since our launch. This achievement is a testament to the dedication of the micro1 team and the belief of our investors in our mission. We are excited to continue our work in shaping the future of software development, where human ingenuity and artificial intelligence converge harmoniously.”

— Ali Ansari

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