Israel-based AI-powered recruitment platform, Perfect has recently announced that it has closed a $13 million in seed round led by Target Global. The funding round also witnessed Joule Venture and RTP Global, and a host of individual investors including Leon Recanati, Chemi Peres, the Kalish brothers, Oren Rozenbach, Dan Naftali, Uri Levy, Tomer Pomerantz, Nir Adler, and former Samsung Electronics Ltd. President Young Sohn.
With the funds, the company plans to increase its market penetration efforts and accelerate product development.
Founded by Eylon Etshtein in 2021, Perfect is an AI-driven, question-based recruitment platform designed to help HR teams find, reach, and engage with top talent. Its generative artificial intelligence-powered platform helps organizations fill staff vacancies by mapping the profiling career graphs of millions of technology-focused professionals. It scans dozens of public data sources, including social media and other databases, searching for the ideal candidates whose skills match what an employer is looking for.
Speaking about the company, Co-founder & CEO of Perfect, Eylon Etshtein, said:
The company sees itself as the “Spotify for talent” and works by learning the hiring preferences of each company, so as to adapt its recommendations accordingly. We bring a true revolution to a world that’s stuck in the past and relies upon manual searches at tools such as LinkedIn that clog the market in the old world. The multitude of shifts in the market requires companies to be precise and quick in their ability to take advantage of the opportunities that arise and to recruit the most qualified workforce.
Perfect’s talent search tools are free to use, though subscribers gain additional tools for refining their searches. To date, the HR-tech startup reckons that it has mapped the profiles and career graphs of millions of US-based technology professionals. Its customers include numerous tech firms, such as Incredibuild Ltd., RocketVisor Corp., and even RTP Global, the venture capital firm.