Paraform announced its Series B, bringing total funding to $65M. The round was led by Scale Venture Partners, with participation from Felicis, A* Capital, and Liquid 2 Ventures. Axios reported the Series B itself was $40M. Paraform says it has helped 1,000+ companies hire critical talent.

SAN FRANCISCO, March 19, 2026 — Paraform, an AI-powered hiring platform focused on delivering talent outcomes, today announced it has raised $40 million in Series B funding, bringing its total funding to $65 million. The round was led by Scale Venture Partners, with participation from Felicis, A* Capital, Liquid 2 Ventures, and a group of prominent technology leaders from companies including Palantir, Stripe, Shopify, Canva, and Uber.

The new capital will be used to expand Paraform’s network of specialized recruiters, accelerate product development, and support the company’s continued growth across new industries and geographies.

Paraform is redefining how companies hire by combining a distributed network of expert recruiters with proprietary AI models that analyze hiring outcomes. The company’s platform enables organizations to discover, evaluate, and secure top candidates more efficiently, shifting hiring from a process-driven function to a results-oriented system.

“AI is fundamentally changing how talent markets operate,” said John Kim, co-founder and CEO of Paraform. “As technology lowers the cost of execution, the value of exceptional talent continues to rise. Our goal is to help companies access that talent faster and with greater precision.”

Since its launch, Paraform has supported hiring for more than 1,000 companies, including Abridge, Decagon, Rippling, and Palantir. According to the company, customers typically meet their eventual hire within approximately 12 days, significantly reducing traditional hiring timelines that often span several months.

Paraform’s platform is built on the belief that the future of hiring lies in combining human expertise with machine intelligence. By leveraging data from successful placements, the company’s AI models continuously improve candidate matching, while its recruiter network provides contextual judgment, relationship-building, and candidate engagement.

“Hiring has historically been fragmented across tools, agencies, and internal teams,” said Jeffrey Li, co-founder of Paraform. “We are building a unified system that focuses on outcomes — connecting the right talent to the right opportunities at the right time.”

The company is also expanding beyond its initial focus on technology roles into additional verticals, including legal hiring, where it is already working with approximately 30 law firms. Paraform noted that its platform can be extended into new industries without significant changes to its core architecture.

As AI reshapes the labor market, Paraform believes demand will increasingly concentrate on high-performing individuals. Internal platform data shows that the top tier of candidates captures a disproportionate share of job offers, reinforcing the importance of precision in talent acquisition strategies.

In parallel, Paraform is enabling a new “recruiter economy,” where independent recruiters can leverage AI tools to increase productivity and earnings. The company reports that some top recruiters on its platform have achieved seven-figure annual incomes, with total payouts to recruiters exceeding $50 million to date.

With this funding, Paraform aims to continue building a next-generation hiring infrastructure designed for the AI era — one that prioritizes speed, accuracy, and outcomes over traditional process-driven approaches.

About Paraform
Paraform is an AI-powered hiring platform that combines a global network of expert recruiters with proprietary machine learning models to help companies identify and hire top talent. By focusing on outcomes rather than process, Paraform enables organizations to reduce hiring time, improve match quality, and scale talent acquisition more effectively. The company is headquartered in San Francisco.