Personality based video interview platform raises $5 million in seed round
myInterview, a smart video interview platform prioritizing personality in the hiring process, has announced a $5 million Seed round led by Aleph, with participation from previous investors Entrée Capital and SeedIL Ventures. The funding will be used to expand the company’s sales, product, and R&D teams as it continues to grow in the US and UK markets and around the world. myInterview had previously raised $1.6 million in pre-seed funding, which included investment from former Linkedin executive Cliff Rosenberg.
By highlighting candidates’ personalities, soft skills, and workplace compatibility with company culture – key features missing in one-dimensional resumes – through pre-recorded (asynchronous) video interviews, myInterview enables character to feature more prominently in the application process, streamlining recruitment for businesses and applicants alike.
The demand for video interview tools has climbed sharply in the wake of remote working and social distancing norms, and helped fuel myInterview’s rapid growth, including a significant rise in new users on the platform and a 500% increase in Annual Recurring Revenue since 2019. myInterview is already being used by over 2,000 companies globally including Ocado, B&M, and P&O Ferries. myInterview has also worked with Facebook Career Connections and has a strategic partnership with reed.co.uk, the UK's #1 job site.
“A video is worth a thousand resumes,” said Benjamin Gillman, CEO and Co-founder of myInterview. “By utilizing video interviews, we help businesses prioritize personality and cultural fit, optimizing the screening and selection process by ensuring that the applicants who are the best fit are moved to the head of the line.”
To ensure that the right candidates are moved to the front of the line, myInterview’s “myInterview Intelligence™” suite utilizes Machine Learning-powered analytics to generate candidate-match ranking and automated shortlisting, with particular emphasis on office culture compatibility.
"myInterview's asynchronous video interviewing tool is redefining how employers and employees connect," said Aaron Rosenson, Equal Partner at Aleph. "Their growth is both explosive and global, and we are excited to partner with this excellent team as they continue to transform the way people and companies discover one another."
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