Armenian startup PEARCH.AI has raised $300,000 in funding from Formula VC
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Armenian startup PEARCH.AI has secured additional funding from Formula VC, bringing the fund's total investment to $300,000. The company is developing AI infrastructure for recruitment, enabling ATS platforms and HR software to search for candidates using natural language queries with high accuracy. The project's co-founder is Y Combinator graduate Grachik Ajamyan.
Armenian startup PEARCH.AI has secured additional funding from Formula VC, which increased its investment in the company to $300,000 from two of its funds.
PEARCH.AI is developing AI-powered infrastructure for people search in next-generation recruiting products. Instead of keyword-based search, the service enables ATS platforms, AI agents, and HR software to find candidates through natural language queries, offering more accurate semantic search across hundreds of millions of profiles.
The company's co-founder is serial entrepreneur Grachik Ajamyans, a graduate of the Y Combinator accelerator.
Source: Formula VC
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