#Japan #Tokyo #AI Recruitment #LiftBase #HR Quest

Transforming Recruitment with LiftBase

In a significant development for the field of human resources, LiftBase, a Tokyo-based company, has successfully completed its seed funding round aimed at the development of HR Quest, an innovative talent acquisition platform. This fundraising initiative, which saw participation from mint and East Ventures, marks a pivotal step for the company as it gears up for a full-fledged launch in 2025.

A New Approach to Recruitment

Traditionally, recruitment methods focused heavily on passive candidates, requiring them to apply and await contact from potential employers. LiftBase seeks to fundamentally shift this paradigm by emphasizing proactive engagement and the design of better connections between job candidates and companies. The HR Quest platform uses AI and social data to not only identify talent but to facilitate meaningful interactions that nurture relationships over time.

Background and Objectives of Fundraising

The decision to seek funds arose from the critical need to adapt and innovate the current hiring landscape. Traditional talent acquisition practices often overlook the potential individuals who might be receptive but are not actively seeking to change jobs. By focusing on candidates’ skills, interests, and engagement with various forms of communication, LiftBase aims to revolutionize how employers connect with potential hires. The key objectives for this funding include:

• - Enhancing Product Features: By improving the capabilities that allow for the collection, analysis, and application of candidate information, LiftBase offers businesses a more strategic framework for managing talent.
• - Strengthening Organizational Capacity: The company plans on hiring specialized personnel and bolstering development capabilities, particularly with international talent, to ensure continuous evolution of the product and rapid business growth.
• - Building Market Presence and Brand Recognition: LiftBase aims to raise awareness around new recruitment ideologies, facilitating co-creation opportunities between users and companies, thereby enhancing its standing in the marketplace.

Insight into HR Quest

HR Quest stands out as a platform designed to leverage social data in talent acquisition. The platform aims to visualize candidate competencies, preferences, and contributions to offer unique scoring that helps businesses identify and connect with their 'future teammates.' Currently, HR Quest is undergoing closed beta testing with select companies as it prepares for its upcoming launch.

Investor Endorsements

Prominent figures from the investment community have expressed enthusiasm regarding LiftBase's vision. Comments from Jun Betsukyu of mint and Tomoki Shirakawa emphasized their long-standing relationship with CEO Yuta Shibuya through mint’s entrepreneur support program. They highlighted how HR Quest offers a groundbreaking solution by integrating data from multiple social networking platforms to reach previously hard-to-connect job seekers.

Vision for the Future

LiftBase’s CEO, Yuta Shibuya, shared insights into the company's philosophy regarding recruitment. He stated that hiring is more than merely gathering individuals; it is about shaping the future of companies. By confronting existing dynamics in employer-candidate relationships, LiftBase aims to redefine how recruitment is approached.

Looking ahead, the company anticipates:

• - The official release of HR Quest, details of which will be announced soon.
• - Achieving partnerships with 100 enterprises by the end of 2025.
• - Developing additional related products to further enhance the overarching recruitment ecosystem.

Company Overview

Founded in 2023, LiftBase is headquartered in Minato, Tokyo, focusing on the development and operation of HR Quest and other HR tech initiatives. For more information, visit their website: LiftBase.

Contact Information

For further inquiries, please reach out to:
LiftBase PR
Email: yuta.shibuya@liftbaseinc.com
TEL: 03-5776-2597

As LiftBase continues its journey, the transformation of recruitment practices through advanced technology is set to leave a lasting impact on the sourcing of talent across industries.