RecruitBot Reels In $8.2 Million Seed Round

<p class&equals;"article-date"><strong>SAN FRANCISCO<&sol;strong> &&num;8212&semi; <a style&equals;"font-size&colon; 1rem&semi;" title&equals;"null" href&equals;"https&colon;&sol;&sol;recruitbot&period;com&sol;" rel&equals;"nofollow">RecruitBot&comma;<&sol;a><span style&equals;"font-size&colon; 1rem&semi;"> which develops AI-powered software for its hiring platform&comma; has raised &dollar;8&period;2 million in additional seed funding&period; The investment was led by <&sol;span>Slow Ventures<span style&equals;"font-size&colon; 1rem&semi;"> with participation from OCA&comma; Freestyle&comma; Parade&comma; and Kevin Mahaffey&period; <&sol;span><&sol;p>&NewLine;<p class&equals;"article-date"><span style&equals;"font-size&colon; 1rem&semi;">With RecruitBot&comma; recruiters get access to modern sales and marketing technologies&comma; built for their specific recruiting activities&period; Instead of old-school recruiting funnels where each job is filled by starting from scratch each time&comma; RecruitBot provides a Recruiting Flywheel that improves over time&period; RecruitBot leverages AI and machine learning to understand recruiter preferences and ensure increasingly-relevant candidates from a qualified database of 600M appear in search results&period; Then&comma; RecruitBot enables personalized&comma; automated email campaigns to candidates on behalf of hiring managers&period;<&sol;span><&sol;p>&NewLine;<p class&equals;"responsiveNews">An end-to-end sourcing solution&comma; RecruitBot replaces three tools with a single product&colon; a database of candidates&comma; an outreach tool&comma; and a recruiting CRM&comma; all bundled in an intuitive interface&period; With advanced power filters including those to help support DEI initiatives&comma; combined with machine learning algorithms&comma; RecruitBot serves up candidates best suited for a role within minutes&comma; not weeks&period; A CRM for personalized&comma; automated email outreach sequences then ensures much higher candidate engagement&period;<&sol;p>&NewLine;<p class&equals;"responsiveNews">&OpenCurlyDoubleQuote;From the great resignation to significant layoffs&comma; the market has now moved towards finding the best candidates&comma; rather than just filling roles as quickly as possible&comma;” said Jeremy Schiff&comma; CEO and founder of RecruitBot&period; &OpenCurlyDoubleQuote;RecruitBot’s unique combination of machine learning and big data understands what your ideal candidates look like&comma; and then maximizes response rates by sending automated drip campaigns to a candidate’s personal inbox&period; In today’s economic climate&comma; sourcing and hiring top quality talent has never been more critical to give companies a competitive edge necessary to survive the harsh economic climate&period;”<&sol;p>&NewLine;<p class&equals;"responsiveNews">&OpenCurlyDoubleQuote;RecruitBot&&num;8217&semi;s technology streamlines and optimizes talent acquisition&comma; enabling companies to make data-driven decisions&comma; enhance efficiency&comma; and ultimately build stronger&comma; more diverse teams&comma;” said Sam Lessin&comma; GP at Slow Ventures&period; &OpenCurlyDoubleQuote;By harnessing the power of artificial intelligence&comma; RecruitBot is disrupting the traditional hiring landscape and ushering in a new era of intelligent&comma; inclusive&comma; and impactful workforce development&period;&&num;8221&semi;<&sol;p>&NewLine;<p class&equals;"responsiveNews">RecruitBot previously raised a &dollar;3 million pre-seed funding round&period; Currently&comma; RecruitBot has 600 million verified candidate profiles on their platform&period;<&sol;p>&NewLine;

Editor

Deep Fission Uncovers $80 Million in Financing

BERKELEY -- Deep Fission, anadvanced nuclear energy company placing small modular pressurized water reactors (SMRs)…

2 days

Instacart Partners With 1-800-Flowers

SAN FRANCISCO and JERICHO, NY -- Instacart, the leading grocery delivery service, has signed its first nationwide…

2 days

Bretton AI Secures $75 Million

SAN FRANCISCO -- Bretton AI, formerly Greenlite AI, has secured a $75 million Series B funding…

2 days

Fundamental Emerges From Stealth With $255 Million

SAN FRANCISCO -- Fundamental, an AI company that has built its most powerful Large Tabular…

2 days

Turnstile Launches Quote-to-Cash Platform With $29 Million

SAN FRANCISCO -- Turnstile has launched a quote-to-cash platform for sales-led startups with $29 million in…

3 days

QuantumScape Reveals New Production Line

SAN JOSE -- QuantumScape Corporation, a developer of next-generation solid-state lithium-metal battery technology, celebrated the…

4 days