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DeepNewz, mobile.
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ConverzAI, an AI startup focused on recruitment solutions, has successfully raised $16 million in a Series A funding round, marking one of the largest Series A rounds for a Middle Eastern company. The funding was led by Menlo Ventures and aims to enhance the efficiency of hiring processes in the staffing industry, which is valued at over $100 billion. ConverzAI's technology reportedly offers a 30% efficiency boost for enterprises by automating the recruitment process, allowing for faster placements, reduced costs, and improved candidate matches. The startup has garnered attention for its innovative voice AI capabilities and is experiencing rapid growth.
AI recruting startup led by former Microsoft manager raises $16M https://t.co/shJ0zzPCLg
Congratulations to the @converzai team on their $16m Series A led by Menlo Ventures! It has been a privilege to have partnered with the team early and watch their rapid growth in the past year. Excited to see how their voice AI and agent-driven products continue to reshape… https://t.co/3U5Mg6EjjH
ConverzAI is one to watch. It's uncanny what their voice AI can do for recruiters across all functions. Growing faster every month! Congratulations on the series A announcement https://t.co/SjvfMMhChh
