Germany produces the latest AI-based recruiting platform promising “predictable hiring.” They’re website positions them as a panacea: “Never struggle to find skilled talent again.” “Find only qualified candidates.” “Get the most out of your budget.” “Make sure qualified candidates don’t just see your ad, but apply.”
These are big promises coming from a startup three years into this with technology that the industry is still largely experimenting with. Recruiting tech is category that is both mature and saturated with “the promise of AI.” The buyers are mature and increasingly sophisticated.
Add another vendor promising to save us all to the list to watch…
From its press release:
Berlin-based HeyJobs announces $12M Series A, 100 employees, over 500 clients and over 25’000 lives changed Talent acquisition platform HeyJobs (https://www.heyjobs.co/), recognised as the best Tech Employer in Berlin, is announcing $12 million in Series A financing led by Notion Capital, with participation from existing investors Creathor Ventures, GFC, and Heartcore Capital. HeyJobs was founded three years ago in response to Europe’s dramatically changing labour demographics. With the “boomer” generation nearing retirement, European employers are facing steep declines in available workforce. For instance, Germany alone is losing 500,000 workers annually. No wonder that German CEOs rank the “skilled workers shortage” their #1 concern for growth (PwC Global CEO Survey).