Ai Recruiter Alex Raises $17m To Automate Initial Job Interviews

Job seekers successful each fields tin expect to soon beryllium doing a batch much first screening interviews. While that whitethorn sound for illustration affirmative news, it doesn’t mean that location will abruptly beryllium much unfastened positions.

Instead, recruiters, often bogged down pinch determining which applicants are qualified for nan adjacent round, will outsource nan regular screening tasks — for illustration checking backgrounds, net needs, and availability— to (you guessed it) AI.

Alex, a startup building an AI recruiter, says it’s already helping companies behaviour video interviews and telephone screens.

Aaron Wang (pictured center, bottommost row,) who co-founded Alex astir eighteen months ago, told TechCrunch that nan startup’s sound AI instrumentality tin behaviour autonomous interviews pinch applicants soon aft they use for a job. “Our AI recruiter does thousands of interviews a time and helps group get hired astatine immoderate of nan biggest companies successful nan world,” he said.

Although Wang, who antecedently worked astatine Facebook and spent clip arsenic a quant for a hedge fund, declined to sanction customers, he said they see Fortune 100 companies, financial institutions, nationwide edifice chains, and Big 4 accounting firms.

Investors position nan emergence of AI interviewers arsenic a inclination that galore companies will inevitably adopt. That condemnation led to Alex’s caller $17 cardinal Series A round, which was led by Peak XV Partners. The information included information from Y Combinator and Uncorrelated Ventures, on pinch respective main quality resources officers (CHROs) from unnamed Fortune 500 companies, and others. This Series A follows nan company’s $3 cardinal seed funding, which was led by 1984 Ventures past year.

Alex isn’t unsocial successful offering AI recruiting services to companies. The startup’s competitors see different early-stage companies for illustration HeyMilo, ConverzAI, and Ribbon.

Mercor, nan quickly increasing AI information labeling startup that we reported is attempting to raise a caller information astatine a $10 cardinal valuation, besides started its life arsenic an AI recruiter.

Alex’s semipermanent imagination is to question and reply millions of occupation applicants to build master floor plan information that is richer and deeper than what LinkedIn presently offers.

“Our thesis is that a 10-minute speech pinch you tells maine a full batch much astir you than your LinkedIn floor plan does,” Wang said.

But for now, Alex is focused connected helping recruiters free up their clip to build relationships pinch pre-qualified candidates and advising hiring managers.