Press release: Capital Mills Provides Fresh Funding to Recruitment Smart
Driving global AI recruitment innovation

Press release - Capital Mills Provides Fresh Funding to Recruitment Smart, Driving Global AI Recruitment Innovation
London, October 2025 – Capital Mills, a leading Dutch investment firm, today announced its non-dilutive investment in Recruitment Smart, a pioneer in AI-driven recruitment automation software.
This investment marks the firm’s first UK-based investment and the inaugural deployment from its second private credit fund, launched earlier this month. The fresh funding will strengthen Recruitment Smart’s balance sheet as it continues empowering organizations worldwide with advanced, fair, and efficient hiring solutions powered by cutting-edge agentic AI technology.
Agentic AI Workflows: Transforming Talent Acquisition at Scale
Recruitment Smart has distinguished itself through its proprietary agentic AI workflows—intelligent systems that autonomously execute complex recruitment tasks while adapting to unique hiring requirements in real time.
Unlike traditional automation tools, these agentic workflows actively learn from each interaction, make contextual decisions, and orchestrate multi-step processes across the entire talent lifecycle.
For global customers across manufacturing, IT, telecom, and other sectors, this translates into transformative results:
Recruitment cycles shortened by up to 70%
Dramatically improved candidate quality through intelligent screening
Enhanced diversity outcomes via bias-reduced evaluation
Recruitment Smart’s AI agents work collaboratively—sourcing candidates, conducting initial assessments, scheduling interviews, and providing hiring teams with data-driven insights—all while preserving the human judgment essential for final decisions.
Industry-Leading Compliance & Responsible AI
Recruitment Smart’s platform is built with compliance at its core, ensuring full adherence to the EU AI Act, NYC Local Law 144, GDPR, and other global regulations.
The company has implemented robust transparency measures, including algorithmic impact assessments, bias auditing protocols, and candidate notification systems that meet the highest international standards.
This commitment to responsible AI gives enterprise clients confidence to deploy Recruitment Smart’s solutions across jurisdictions, while ensuring candidates benefit from enhanced fairness and transparency. The platform’s explainable AI architecture ensures that automated decisions remain reviewable and accountable.
“Recruitment Smart’s deep AI expertise and scalable technology deliver measurable impact for clients worldwide,” said Barry de Kock, Managing Partner at Capital Mills.
“Their agentic AI approach represents the future of talent acquisition—intelligent, adaptive, and transformative. Equally important is their commitment to compliance and responsible AI deployment. We’re proud to support Recruitment Smart’s growth with our non-dilutive financing model as they help companies build diverse, future-ready teams.”
Barry de Kock
Managing Partner at Capital Mills
“Our agentic AI workflows represent a fundamental shift in how organizations approach talent acquisition and management,” said Yusuf Jazakallah and Pawan Lokwani, co-founders of Recruitment Smart.
“Rather than automating isolated tasks, our AI agents orchestrate entire recruitment processes end-to-end, learning and optimizing continuously. Importantly, we’ve designed our technology to be fully compliant with evolving global regulations—because responsible AI isn’t just about innovation, it’s about trust. This partnership with Capital Mills enables us to advance our technology and accelerate European expansion, making recruitment faster, fairer, and more effective for everyone.”
Yusuf Jazakallah & Pawan Lokwani
Co-founders Recruitment Smart
Proven Track Record & Global Recognition
Recruitment Smart serves notable customers including Malaysian Airlines, Alcoa, and Al-Futtaim Group.
The company has earned over 110 positive G2 reviews with an average 4.7-star rating, reflecting strong global recognition for its user-friendly and impactful technology.
About Recruitment Smart
Recruitment Smart is a global leader in AI-driven recruitment automation, helping organizations worldwide recruit more inclusively, efficiently, and intelligently through proprietary agentic AI workflows that transform talent acquisition and management.
The company ensures full compliance with the EU AI Act, NYC Local Law 144, GDPR, and other major regulatory frameworks.
About Capital Mills
The Netherlands – based Capital Mills is a venture capitalist founded in 2015 and backed by a group of experienced entrepreneurial investors. Focused on long–term collaboration and active support it invests in fast-growing B2B SaaS companies with state-of-the-art technology and ambitious founders.