According to a recent poll, nearly half of current and recent job seekers were using OpenAI’s AI-powered chatbot, ChatGPT, to write their resumes or cover letters. EarnBetter's CEO, Tuck Hauptfuhrer, argues that the platform provides a service to employers as well as job seekers by matching them with candidates and ensuring that resumes and cover letters are professionally written and tailored to each position. The startup recently raised $4.5 million in a seed round from investors including Andreessen Horowitz, Abstract Ventures, and Figma founder Dylan Field.
Key takeaways:
- EarnBetter, a startup founded by former CreditKarma employees, is developing a platform that uses AI to reformat and rewrite resumes and cover letters for specific job listings.
- The platform also provides a job search tool and an editing suite for cover letters and resumes, automatically highlighting skills and experiences relevant to available roles.
- EarnBetter makes money by charging employers when people find and send job applications through the platform. During its beta period, over 100,000 resumes and cover letters were created.
- The startup recently raised $4.5 million in a seed round from investors including Andreessen Horowitz, Abstract Ventures, and Figma founder Dylan Field. The funds will be used to expand the team and build new AI-powered products and services.