Datapeople, a New York-based company that is using AI to revolutionize the recruiting process, today announced that it has raised $13 million in Series A funding. The round was led by GGV Capital, with participation from First Round Capital, NextView Ventures, and Operator Collective.
The company will use the funds to expand its platform and to grow its team. Datapeople’s platform uses AI to match job seekers with relevant open positions. The company’s platform also provides job seekers with personalized recommendations and insights, as well as helps employers to source and screen candidates more effectively.
“We are excited to announce this funding round, which will allow us to accelerate our mission of making recruiting more efficient and equitable,” said Daniel Chen, CEO and co-founder of Datapeople. “With this funding, we will be able to build our platform into a powerful tool for businesses and job seekers, and we will also be able to grow our team.”
The demand for AI-powered recruiting solutions is growing rapidly. According to a recent report by Gartner, the global market for AI-powered recruiting is expected to reach $11.2 billion by 2023. However, the current state of the market is limited by the fact that most AI-powered recruiting solutions are expensive and difficult to use. Datapeople’s platform aims to address this challenge by making AI-powered recruiting accessible to businesses of all sizes.
“We are impressed by Datapeople’s platform and its potential to revolutionize the recruiting process,” said Sarah Guo, Partner at GGV Capital. “The company’s platform has the potential to make a significant impact on the way that businesses hire, and it is well-positioned to capitalize on the growing demand for AI-powered recruiting solutions.”
This funding round is a significant validation of Datapeople’s platform and its potential to impact the recruiting industry. The company is well-positioned to capitalize on the growing demand for AI-powered recruiting solutions, and this funding will help it to accelerate its growth and reach.
Datapeople is a New York-based company that is using AI to revolutionize the recruiting process. The company’s platform uses AI to match job seekers with relevant open positions. Datapeople’s platform also provides job seekers with personalized recommendations and insights, as well as helps employers to source and screen candidates more effectively. Datapeople was founded in 2021 by Daniel Chen, a former Google engineer, and Michael Zhang, a former Facebook engineer.
About GGV Capital
GGV Capital is a venture capital firm that invests in early-stage technology companies. The firm has over $4 billion in assets under management and has invested in over 400 companies, including Airbnb, DoorDash, and Slack. GGV Capital was founded in 1985 and is headquartered in Menlo Park, California.
- Datapeople’s platform is currently available to businesses in the United States.
- The company plans to expand its platform to other countries in the coming years.
- Datapeople is looking for partners to help it expand its reach. If you are interested in partnering with Datapeople, you can learn more on the company’s website.