MyInterview, Sydney and Tel Aviv-based recruitment startup, has recently completed $1.6 million in investments to put towards an AI-powered video interviewing platform and perform to higher demands internationally.
The funding round is jointly led by former managing director for LinkedIn Australia Cliff Rosenberg, and Entrée Capital, a venture capital firm focused on the UK, the US and Israeli startups.
MyInterview was launched in 2015 when co-founders Benjamin Gillman and Guy Abelsohn secured an initial $300,000 in seed funding from Entrée Capital. Using artificial intelligence and machine learning, it screens prospective employees based on particular employer criteria.
While making the recruitment process faster, and improving the suitability of applicants, the startup is also geared towards applicant experience.
Gillman tells StartupSmart it’s designed to be user-friendly, and “gives employers an insight into those soft skills, and those personality traits”.
Three years on, the startup has “a couple of hundred employers and recruiters” on board, Gillman says, and has processed more than 100,000 interviews.
Having completed Austrade’s Landing Pad program in Tel Aviv, it now has an office — and a chief technology officer — in Israel, which “means we’ve been able to reach the States and the UK with a lot more ease”, Gillman says.
And the co-founders are only just getting started in their global expansion plans.
Abelsohn adds that the startup has also now integrated with US human resources software provider Workable, and is working with “a number of job boards overseas”, including one client in India.
For Gillman and Abelsohn, this funding round is about more than just the cash. When they decided to raise, they found they had “quite a lot of demand, and so were able to be a bit more picky”, Gillman says.
“We made sure we had the right people on board,” he adds.
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