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Betterleap leverages AI to revolutionize recruitment, launches with impressive $13M in seed funding

Sep 18, 2023 - venturebeat.com
Betterleap, a startup aiming to revolutionize the recruitment industry, has officially launched with $13 million in seed funding from venture capital firms including a16z and Peakstate Ventures. The San Francisco-based company claims to have built the world's largest database of job candidates, with over 1 billion records from sources like Indeed, LinkedIn, GitHub, and Stack Overflow. The platform uses generative AI to provide recruiters with data-driven insights and automation, helping them find the best candidates for their roles and reach out to them effectively.

In an interview, CEO Khaled Hussein explained that Betterleap differs from other recruiting software in five key ways: GPT-4 integration, comprehensive candidate mapping, AI-powered personalization during outreach, cross-sector compatibility, and reachable talent focus. The company also promotes diversity and inclusion in hiring by allowing recruiters to source diverse candidates using various filters and using AI to analyze the diversity of the pipeline. The seed funding will be used to grow the team, invest in R&D, and expand its go-to-market strategy.

Key takeaways:

  • Betterleap, a startup aiming to disrupt the recruitment industry, has launched with $13 million in seed funding from leading venture capital firms.
  • The company claims to have built the world’s largest database of job candidates, using generative AI to provide recruiters with data-driven insights and automation.
  • Betterleap's AI engine, CoPilot, allows recruiters to ask critical questions of their data and receive immediate responses, and it integrates with various applicant tracking systems.
  • The company promotes diversity and inclusion in the hiring process by providing features that allow recruiters to source for diverse candidates and analyze the diversity of the pipeline.
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