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CONQR sees $5 million valuation with AI-driven marketplace for flexible business hiring

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By Published On: August 21, 20230 Comments

Businesses are set to reduce hiring costs by 56% with an AI-driven marketplace dubbed the “super app” that’s connecting companies and consultants on flexible terms.

The pioneering business-focused AI platform CONQR has announced a $ 5 million pre-money valuation at its seed round.

CONQR is on a mission to change the face of work as we know it; by connecting Australian businesses with skilled consultants for hire using world-class AI matching technology.

Dubbed the “super app” that brings businesses and talent together, CONQR’s advanced algorithms consider over 2000 data points to find the perfect match. The innovative technology will drive a better world of work, helping companies and skilled professionals create business impact; faster and more effectively. Businesses and consultants can now match and connect on flexible terms, as an alternative to traditional part-time or full-time contracts. 

The CONQR team, which includes former hires from Australian fintech success story Afterpay within its founding advisory members, is dedicated to helping businesses overcome common challenges, such as budget constraints and headcount limitations, and scale rapidly with flexible, verified top talent.

The company’s AI-driven marketplace is already helping businesses save more than 56% on hiring costs. The platform quickly and precisely identifies the best talent available for each company’s needs. Using CONQR, business resources save countless hours searching for the most suitable talent. At the same time, skilled experts can use the platform to find opportunities in-line with their expertise, availability, and individual working needs.

The platform has attracted significant interest from leading brands, including NAB, Bunnings, Laminex, VRC, and more, in accessing the expert talent they need through CONQR.

The $5 million valuation seed funding will enable CONQR to take the platform’s development to an even further level, incorporating innovative features such as calendar matching, video conferencing, document management, and more, all driven by cutting-edge AI technology.

Additionally, CONQR will use the seed funding to continue establishing its not-for-profit offering. With this extended functionality, experienced professionals will use the AI-driven platform to match with charities and businesses needing their support.

To learn more about how CONQR is using trailblazing AI technology to reshape the world of work, please visit www.conqr.com.au.

About the Author: Allan O'Donnell

Allan O'Donnell, guest editor of Power Retail is an ecommerce fanatic, avid writer, and perceptive marketer. He is passionate about equipping online retailers with valuable information to optimise the end-to-end shopper experience and strengthen their brands.

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