{"id":654624,"date":"2025-02-25T15:00:33","date_gmt":"2025-02-25T12:00:33","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/perfect-taps-23m-to-fix-the-flaws-in-recruitment-with-ai\/"},"modified":"2025-02-25T15:00:33","modified_gmt":"2025-02-25T12:00:33","slug":"perfect-taps-23m-to-fix-the-flaws-in-recruitment-with-ai","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/perfect-taps-23m-to-fix-the-flaws-in-recruitment-with-ai\/","title":{"rendered":"#Perfect taps $23M to fix the flaws in recruitment with AI"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a3f25e15eb55\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a3f25e15eb55\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/perfect-taps-23m-to-fix-the-flaws-in-recruitment-with-ai\/#From_facial_recognition_to_candidate_selection\" >From facial recognition to candidate selection<\/a><\/li><\/ul><\/nav><\/div>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">\u201cAgentic AI\u201d is the concept of the moment. Developers big and small are rushing to build <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>s to leapfrog the heavy lifting needed to employ generative AI in specific contexts\u2026 and investors are rushing to fund the most interesting of these.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">In one of the latest examples, a startup out of Israel called <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/www.goperfect.com\">Perfect<\/a> \u2014 a platform for recruiters to improve how they source and hire candidates for jobs \u2014 has raised seed funding of $23 million.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Recruiting teams use Perfect as a co-pilot as they write open job posts, figure out where to run them, and then triage the inbound responses. Perfect both works with but also competes with tools from companies like Indeed, Recruiter, and LinkedIn.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Perfect claims to save recruiters as much as 25 hours per week of work. In the year since it quietly opened for business, Perfect said has grown its customer base to 200 businesses from a start of just 20. The list includes Fiverr, eToro, McCann and Coralogix.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-from-facial-recognition-to-candidate-selection\"><span class=\"ez-toc-section\" id=\"From_facial_recognition_to_candidate_selection\"><\/span>From facial recognition to candidate selection<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p class=\"wp-block-paragraph\">Perfect was founded by Eylon\u00a0Etshtein, perhaps best known for being the founder of the controversial facial recognition startup Anyvision (which pivoted, rebranded and recently got acquired).<\/p>\n<p class=\"wp-block-paragraph\">Etshtein said that the idea for Perfect came directly out of his experiences at Anyvision. There, he took a very hands-on approach to hiring, evaluating candidates directly himself, and quickly he could see how the process would never scale.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">But, being the founder of an AI facial recognition startup that was also set up to find the proverbial \u201cneedle in a haystack\u201d, Etshtein envisioned a platform trained to understand who Anyvision wanted to hire, which could eventually help with the task.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">When Etshtein stepped away from his day-to-day role after things got complicated with Anyvision \u2014 this was before the current interest in \u201cresilience\u201d tech, startups that build services and hardware for governments, military and defense purposes \u2014 he knew what he\u2019d do next.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">There are dozens of AI-based HR startups in the market. Etshtein and its investors believes Perfect is different.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">First and foremost, it has built its platform from the ground up \u2014 no third-party large language models involved \u2014 building its own vector data set and training it with data it sourced from third-party providers. Etshtein said it typically buys data from other large recruitment businesses and then \u201ccleans it\u201d to be reused.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cWhen we started perfect, ChatGPT was not out,\u201d he said. \u201cThere were no architecture to actually build a career trajectory algorithm that understood your past, your present and to forecast your future,\u201d he said.<\/p>\n<p class=\"wp-block-paragraph\">Building from the ground up, it still took around three years in stealth to create the Perfect platform, he said, but it turned out that its pre-ChatGPT work would not get superseded by the eventual rise of Large Language Models.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cLLMs are horrible with large payloads,\u201d he said. In recruiter terms, \u201cpayloads\u201d translates to around 50 records of data that might be considered around every candidate, annotated and ordered to create insights.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe have to use proprietary data that we annotate, otherwise we would not get the accurate results that we\u2019re getting today,\u201d he added.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Building from the ground up, it still took years in stealth to create the Perfect platform, he said, but it turned out that its pre-ChatGPT work would not get superseded by the eventual rise of Large Language Models.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cLLMs are horrible with large payloads,\u201d he said. In recruiter terms, \u201cpayloads\u201d translates to around 50 records of data that might be considered around every candidate, annotated and ordered to create insights.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cWe have to use proprietary data that we annotate, otherwise we would not get the accurate results that we\u2019re getting today,\u201d he added.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The funding is being announced for the first time today, but it is coming in two tranches. Perfect took an equity investment of around $12 million a year ago from Target Global, RTP Global, Pitango and others.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">More recently, it picked up an interest-free SAFE note, which gets converted to equity in the next round, from Hanaco Ventures, Joule Ventures and Young Sohn, the former president of Samsung who is on the board of Arm. \u00a0<\/p>\n<p class=\"wp-block-paragraph\">\u201cIn an industry desperate for true innovation, with both agencies and candidates victims of outdated, manual workflows or half-baked AI solutions, Perfect is utilizing proprietary data sets, and integrating into industry-specific workflows to completely transform how recruitment operates, automating a vast majority of their customers\u2019 day-to-day tasks, said Lior Prosor, a partner at Hanaco Ventures, said in a statement.<\/p>\n<p class=\"wp-block-paragraph\">Indeed, recruitment, the area where Perfect is focusing, has become a hotspot for people building applications in AI, and given how inefficient recruitment is, it\u2019s no wonder.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Certain jobs or certain high-profile companies can be overwhelmed with applicants, and the process of finding the most relevant candidates in the mix \u2014 perhaps inevitably \u2014 \u201clike finding a needle in a haystack,\u201d Perfect\u2019s CEO and co-founder Eylon\u00a0Etshtein said in an interview.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">The other extreme is also common: recruiters want to see a range of applicants, and yet due to a confluence of factors \u2014 visibility, job, or organization unpopularity \u2014 hardly anyone applies.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Added to this, an army of humans triaging applications, and you can understand how AI developers honed in on recruitment.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Perfect is not the only one in the space. Others include companies like LinkedIn (which has several AI tools for recruiters and job hunters) as well as HiBob, Workable, Maki, Mercor (which just raised money at a $2 billion valuation last week), Tezi and SeekOut (which downsized last year) \u2014 among dozens more.<\/p>\n<p class=\"wp-block-paragraph\">As for the next steps for the startup, they include more enhancements to the tool set it provides to recruiters. And Perfect also wants to focus on the other side of the coin, with plans for a free tool for candidates to use to better target their own job-seeking efforts \u2014 giving the startup a likely extra trove of data for future projects.<\/p>\n<\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN63nwsw68G3Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more like this article, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/category\/technology\/\" target=\"_blank\" >Technology<\/a><\/span> category.<\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/techcrunch.com\/2025\/02\/25\/perfect-taps-23m-to-fix-the-flaws-in-recruitment-with-ai\/\" target=\"_blank\" >Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cAgentic AI\u201d is the concept of the moment. Developers big and small are rushing to build apps to leapfrog the heavy lifting needed to employ generative AI in specific contexts\u2026 and investors are rushing to fund the most interesting of these.\u00a0 In one of the latest examples, a startup out of Israel called Perfect \u2014&#8230;<\/p>\n","protected":false},"author":1,"featured_media":654625,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/techcrunch.com\/wp-content\/uploads\/2015\/01\/6290270129_32d384ffd5_o.jpg?w=1052","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[77337,75885,154510,74839,2184,98747,154511,72436],"class_list":["post-654624","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology","tag-ai","tag-enterprise","tag-agentic-ai","tag-fundraising","tag-israel","tag-job-search","tag-perfect","tag-recruitment"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/654624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=654624"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/654624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/654625"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=654624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=654624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=654624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}