HireLogic, a Dallas, TX-based artificial intelligence (AI) powered human resources technology software firm that improves interview processes, raised $4 million in seed funding.
Several prominent individual investors participated in the round, including Edward J. Zander, former chief executive officer and chairman of the board of Motorola, Mike Pehl, partner at Guidepost Growth Equity and former president of Razorfish, and Ann Fandozzi, chief executive officer of Ritchie Bros.
HireLogic will utilize the funds to continue the expansion of its platform's capabilities, including applied machine learning, integration to video conferencing platforms and applicant tracking systems (ATS), and establish go-to-market activities based on a product-led growth (PLG) model.
Company: HireLogic, Inc.
Raised: $4.0M
Round: Seed Round
Funding Month: May 2022
Lead Investors: Edward J. Zander, Mike Pehl, partner and Ann Fandozzi
Additional Investors:
Company Website: https://www.hirelogic.com/
Software Category: Hiring Software
About the Company: HireLogic is real-time intelligent guidance from the job descriptions to hiring decisions. HireLogic solves modern hiring challenges on a platform that supports guided video interviews, machine learning-assisted candidate rankings, and AI-infused analytics, to enable better, unbiased, data-driven hiring decisions. It is built on decades of recruiting experience and provides a unique methodology for comprehensively assessing and finding the best candidates, with hundreds of bias-screened templates and AI models trained on thousands of historical interviews.
Source: https://www.prnewswire.com/news-releases/hirelogic-raises-4m-seed-funding-to-modernize-interview-processes-and-improve-hiring-decisions-with-ai-assistance-301542070.html