Tariq is a partner at Outrun Ventures and co-founder of RideHub. He also holds board and advisory roles across several organisations, alongside mentoring at Techstars and F10 FinTech Incubator and Accelerator.
Fuel Ventures led the pre-seed round, which values the recruitment technology start-up at $6m.
"Recruiting is broken. It’s a slow and manual process, with extremely expensive hiring fees, and hundreds of unsuitable applications. Hiring managers are frustrated, and candidates are burnt out applying to job advert after job advert and then never hearing back. That’s why we have built Alfa. Our AI Agent is capable of millions of calls simultaneously, in any language, at 97% lower cost than a human."
The Series C financing comprised £26m in equity led by Anthos Capital and £20m in debt from Mars Capital.
"I am absolutely delighted that less than four months after Railsbank evolved to become Railsr, we have achieved another milestone and closed our Series C, a significant step on our route to profitability."
The seed round features backing from prominent fintech angel investors and industry figures.
"Crezco’s unique and innovative B2B payment solution for SMEs is a clearly exciting investment opportunity with huge potential. Crezco has already achieved a great deal with its existing partnerships secured in only a year. The future is bright for the company and I look forward to watching Crezco grow and expand internationally."