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InHire Secures Investment from DGF and Bridge One to Challenge Gupy

Startup grows 300% in 2024 and doubles down on enterprise clients with new funding.

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Inhire investment deal with DGF and Bridge One
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InHire Investment Deal Secures New Funding for Growth

The InHire investment deal marks a major step for InHire, a Brazilian HRtech that develops an AI-powered recruitment and hiring platform. The startup raised a new round led by DGF Investimentos and Bridge One, with participation from Endeavor Scale-Up Ventures.

The company’s mission is to provide a hiring platform that works for both employers and candidates — a contrast to the frustrations many job seekers report on platforms like Gupy.

Third Round and Spin-Off Origins

This InHire investment deal marks the company’s third investment round. Founded in 2019 in Salvador, Bahia, as part of the HRtech Intera, the software evolved into a standalone spin-off in 2022. Before this round, Inhire had received angel funding investment led by Citrino Ventures in 2022.

Expanding into Enterprise Clients Following InHire Investment Deal

With the new capital, the company aims to move beyond its traditional focus on mid-sized companies (200–500 employees) and expand into enterprise-level clients. Among its more than 600 customers today are Cielo, Magazine Luiza, Deloitte, and Samsung SDS.

CEO and founder Augusto Frazão explained that Inhire’s differentiation lies in its centralized dashboards, analytics, and reporting tools, with AI powering automation such as candidate screening, interview transcription, and recruiter assistance.

AI Recruitment Startup Brazil: Candidate-Centric Features

As an AI recruitment startup in Brazil, Inhire emphasizes not only technology but also the candidate experience. Features include:

  • LinkedIn integration for one-click form autofill,
  • AI screening agents to match candidates,
  • automated interview transcriptions, and
  • WhatsApp integration for faster recruiter–candidate communication.

Frazão highlights that candidates appreciate these features as they speed up the application process and improve feedback loops compared to competing platforms.

Growth and Financial Performance

InHire grew 300% in 2024 and aims to double its revenue in 2025. Its financial metrics are strong, with a 70% gross margin, churn below 1.5%, and an LTV/CAC ratio of nearly 8.

“Our goal is to become the market leader in the next five years,” says Frazão.

Investor Perspectives After InHire Investment Deal

  • Henrique Uehara, Partner at DGF, emphasized the startup’s resilience:
    “The founding team built a platform that delivers real results and is admired by recruiters. Growing in such difficult years, despite the low deal flow for startups, shows the real demand Inhire addresses.”
  • João Brandão, Partner at Bridge One, underscored InHire’s maturity:
    “What they built, at this level of maturity, is very rare. We are excited to support their trajectory.”

Bridge One has backed several companies with notable exits — Clearsale (acquired by Serasa), Mandaê (acquired by Nuvemshop), and Stilingue (acquired by Blip). Its current portfolio includes Goomer, Vu, and Involves.

The Firms Behind the Deal

Bronstein, Zilberberg, Chueiri & Potenza Advogados acted as legal counsel to InHire.

Partner Eduardo Zilberberg led the firm’s transaction team with contribution from associates Paula Bobrow, Paloma Batt and Eduarda Ribeiro.

Veirano Advogados acted as legal counsel to CV Idexo Investment.

Partner Guilherme Ohanian Monteiro led the firm’s deal team with associates João Pedro Zagni and Luciana Figueiredo Maffei.

Additional Reading

See our Week Review Brazil Deals for a roundup of these and other transactions.

Resumo em português:
A InHire levantou investimento para rivalizar com a Gupy no mercado brasileiro de tecnologia de RH e recrutamento, reforçando a inovação no setor.

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  1. Pingback: Brazil VC Updates: Start Growth, Darwin AI, Dealops New Funding

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