"Job seekers in all fields can expect to soon be doing a lot more initial screening interviews. While that may sound like positive news, it doesn't mean that there will suddenly be more open positions. Instead, recruiters, often bogged down with determining which applicants are qualified for the next round, will outsource the routine screening tasks - like checking backgrounds, salary needs, and availability- to (you guessed it) AI."
"Our AI recruiter does thousands of interviews a day and helps people get hired at some of the biggest companies in the world," he said. Although Wang, who previously worked at Facebook and spent time as a quant for a hedge fund, declined to name customers, he said they include Fortune 100 companies, financial institutions, nationwide restaurant chains, and Big 4 accounting firms."
"Investors view the rise of AI interviewers as a trend that many companies will inevitably adopt. That conviction led to Alex's new $17 million Series A round, which was led by Peak XV Partners. The round included participation from Y Combinator and Uncorrelated Ventures, along with several chief human resources officers (CHROs) from unnamed Fortune 500 companies, and others. This Series A follows the company's $3 million seed funding, which was led by 1984 Ventures last year."
Initial candidate screening is shifting toward automation as recruiters outsource routine tasks like background checks, salary needs, and availability to AI. Startups such as Alex are deploying voice AI to conduct autonomous video and phone interviews soon after applicants apply. Alex reports running thousands of interviews daily and serving large enterprises across sectors, though specific customers were not named. Investor interest is strong, producing a $17 million Series A led by Peak XV Partners with participation from Y Combinator and others after an earlier $3 million seed round. Several startups and former AI-recruiter companies are competing in this space.
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