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HR Technology startup for recruitment process Carv announced it secured $10 million in seed funding, following the launch of its recruitment platform in March and the significant traction the company has experienced since. Among the investors are Global Founders Capital (GFC) and several independent angel investors who previously backed companies like Slack, Miro and Revolut. With the funding, Carv aims to accelerate its growth and expand the capabilities of its platform into different domains of the recruitment life cycle.
AI ML Insights: How Generative AI Is Changing Customer Service
With its platform, Carv addresses one of the most pressing challenges in todays’ talent acquisition space: recruitment has become synonymous with administrative work. Industry data shows that anywhere between 20% to 40% of a recruiter’s day to day is spent on admin tasks; an unfortunate characteristic of the job that sits at the heart of many other challenges recruiters face. With Carv, these time-consuming admin tasks can now be fully delegated to a personalized AI, freeing up recruiters to focus on what matters most; the candidates they interact with.
