Sinecure, a New York-based talent discovery platform that leverages AI-powered products to deliver highly qualified and diverse candidates for organizations, raised $2.5 Million in funding.
The round was led by Golden Section, a B2B SaaS-focused venture capital firm, to help transform the recruiting process through its innovative and holistic approach to talent discovery.
The funding will enable Sinecure to increase activity in marketing and sales.
Sinecure focuses on identifying and vetting candidates who possess the exact skills, knowledge, and experience required for a particular job opening.
The company's machine learning algorithms and analysis of personality traits, work styles, and other motivators help to predict performance and career potential. This, in turn, helps organizations find and retain top talent, driving growth and success well into the future.
Company: Sinecure, Inc.
Funding Month: April 2023
Lead Investors: Golden Section
Company Website: https://sinecure.ai/
Software Category: Talent Acquisition Solution Software
About the Company: Founded by Joel Wright and Gael Reinaudi, Sinecure.ai is an enterprise SaaS platform reinventing talent acquisition and retention through the use of artificial intelligence. The company’s proprietary platform, Explorator, is designed to find qualified candidates and analyzes billions of industry-specific data points as well as relevant candidate-specific data (skills, content, social media, experience, and more) to provide a comprehensive, multi-dimensional view of candidates. The company believes that artificial intelligence can improve the recruiting industry, not destroy it.