Sapia.ai, a Melbourne, Australia-based company that humanizes the recruitment process with its AI Smart Interviewer, announced that it raised $17 million in Series A funding.
The round was led by Macquarie Capital and Woolworths Group's W23 venture capital arm.
The funds will be used for continued overseas expansion, including making the product available in multiple languages.
Barb Hyman, Sapia.ai founder, and CEO said, "Our customers are seeing extraordinary results - and seeing them fast. "We give them data and insights that let them track fairness and bias in their decisions across the employment journey."
"I'm excited to have Macquarie and Woolworths investing in our technology; it's an incredible validation for my team, who have been committed to our mission from the get-go, and we can't wait to open our technology to new markets," Hyman said.
Sapia's AI-powered automation platform is centered around a blind, untimed, and asynchronous chat interview transforming the speed and quality of hiring whilst removing bias from the hiring process.
Company: Sapia&Co Pty Ltd
Raised: $17.0M
Round: Series A
Funding Month: November 2022
Lead Investors: Macquarie Capital and Woolworths Group's W23 venture capital arm
Additional Investors:
Company Website: https://sapia.ai/
Software Category: Talent Intelligence Software
About the Company: Sapia is humanizing the recruitment process with its AI Smart Interviewer, an inclusive, automated talent solution that meets the needs of both candidates and companies. It is focused on helping companies unlock and engage talent at scale. With its blind, automated chat interview and comprehensive DEI analytics platform, Sapia's technology is the first of its kind to disrupt the biases that affect traditional recruitment processes, delivering fair outcomes for candidates and companies. Sapia goes beyond traditional assessments to help global corporations like Qantas, Woolworths, and AirCanada attract and hire more diverse talent efficiently.
Source: https://www.prnewswire.com/news-releases/sapiaai-raises-17-million-series-a-funding-round-led-by-macquarie-capital--w23---part-of-the-woolworths-group-301684953.html