Brazil’s Rocketmat startup, provider of AI for HR management, receives US$1.5 million funding

The startup aims to strengthen the employability process and eliminate any discriminatory element from selection and promotion processes.

RIO DE JANEIRO, BRAZIL - Matthew and August are not from here. They are not people, they are algorithms. But they work on commission and do their jobs so reliably that they have not gone unnoticed by Smart Money Ventures, Domo Invest and Alexia Ventures.

The three funds, which specialize in subscription software (SaaS) and artificial intelligence (AI) companies, decided to put a contribution of R$8 (US$1.5) million in the duo's "cradle": the Rocketmat, the AI for human resources management.

With the boost of this second investment round, the startup is ensuring another expansion cycle. Already proficient . . .

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