A technology company that uses artificial intelligence in recruiting job candidates has raised $4.2 million, including funding from two local venture capital firms.
Humanly.io is headquartered in Seattle and Sacramento, and it raised the recent seed fund from investors including Moneta Ventures of Folsom and Growth Factory Capital in Rocklin.
“We will use the money to scale up the team and the product,” co-founder and Chief Operating Officer Andrew Gardner told the Business Journal.
The company currently has 10 employees, most of whom work remotely, though the company has small offices in Seattle and Sacramento.
The funding this week was led by Zeal Capital Partners in Washington, D.C., and also included Spark Growth Ventures, Basecamp Fund and Y Combinator.
According to venture capital tracking website Crunchbase, Humanly.io has raised a total of $5.3 million since its launch in 2019.
Humanly.io uses artificial intelligence software to automate screening and scheduling of hiring for companies and recruiters. It also has a suite of software that helps recruiters and hiring managers be more efficient during job candidate interviews and virtual interviews over teleconferencing.