Amsterdam-based Carv, a company that uses AI for recruitment, announced that it has raised $10M (approximately €9.18M) in a seed round of funding. The investment comes after the company launched its platform in March, which gained a lot of interest.
Investors in this round include Global Founders Capital (GFC) and several independent angel investors who have invested in companies like Slack, Miro, and Revolut.
Carv plans to use the funds to grow faster and improve its platform to cover more parts of the recruitment process.
AI for recruiters
Carv claims its platform tackles a major problem in today’s talent acquisition: recruitment has become synonymous with administrative work. Studies show recruiters spend 20 to 40 per cent of their time on these tasks, which leads to various other challenges in the field.
Carv’s AI can take over these time-consuming admin duties, allowing recruiters to spend more time focusing on candidates.
Barend Raaff, co-founder at Carv, says, “We often talk about the future of AI in recruitment on an abstract level. With Carv, we make it tangible.”
“Enabling recruiters to delegate the tasks they shouldn’t spend time on to Carv is a first step towards a reality of integrated AI. One that delivers instant benefits, and simultaneously opens the door to the fundamental rethinking of the hiring process in a later stage.”
Currently, Carv can handle any administrative task for recruiters. It can join meetings, understand the context, and use the recruiter’s style and tone.
Carv performs tasks like writing job descriptions, taking interview notes, updating ATS systems, and creating candidate write-ups quickly and with high quality. These tasks, which usually take hours, are completed in seconds by Carv.
The company aims for a future where recruiters work with AI, allowing them to focus more on the human side of recruitment.
Co-founder Raaff, adds, “In the years to come, AI will impact every stage of the hiring cycle. In a human-centric process like recruitment, finding the balance between humans and AI is key.”
“With Carv, we’re working towards a reality where there’s optimal synergy between recruiter and AI. Where each takes on the tasks they excel in and strengthens each other in doing so.”
Carv’s founders are recruitment tech experts. They built a company in this area (Harver) and are now using their knowledge to make Carv.
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