Workey raises $8 million for its AI-based recruitment platform

Israeli recruitment tech startup Workey has raised $8 million in Series A funding and opened its US offices in New York. The round was led by PICO Partners and Magma VC.

The Tel Aviv-based company, which previously raised a seed round of $1.6 million, has officially launched its AI-powered recruitment platform in Israel and the US after a beta period.

The platform allows job seekers and companies to assess the job market and career options with real time analytics. The platform is anonymous for users who can control how much information they can reveal about themselves to a recruiter. To date, the company has worked with Yahoo, Amazon, and Dell EMC.

“Far too often people leave one job for another without clear direction and without necessarily supporting their long-term aspirations,” said Danny Shteinberg, CMO at Workey. “Unlike job sites, Workey does not merely aim to find people a job, our aim is to help people take steps that build a career by providing a true reading of the job market and an individual’s potential.”

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