OptimHire, an AI-driven hiring platform, has raised $5 million in seed funding to enhance its AI agent, which automates sourcing, screening, and scheduling in recruitment. Founded in 2019, the startup touts an 80% reduction in hiring timelines from several months to just 12 days and cuts recruiter fees from 20% to 6%. Recent technological advancements have amplified its capabilities, with OptimAI capable of completing thousands of outreach contacts quickly. OptimHire’s rapid growth is reflective of broader trends toward AI in recruitment and job placement.
Recent advancements in our tech stack have meant we can handle higher capacity and at higher speeds. For instance, today, our AI recruiter can complete 20,000 outreach calls or emails in a matter of minutes.
The startup claims it reduces the job application timeline by 80% - from an average of two to six months down to just 12 days.
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