myInterview, a smart video interviewing software company, has recently announced that it has raised $11 million in a Series A funding round led by the company’s existing investors Aleph and Entrée Capital, and new investor Jesselson Family Office.
The round also included participation from SeedIL Ventures, Digital Horizon, and Ocean Azul Partners. The news comes at the same time the company announces the appointment of Amalia Bercot as co-CEO. Bercot joins myInterview after previously founding Sendinblue, a leading SaaS solution.
The Tel Aviv-based company plans to use the funds to expand its product offering to meet the growing demand from brands for its recruiting solutions that help better attract and engage talent on scale.
myInterview helps companies connect with candidates in a more personalized way by leveraging smart video capabilities and creating a more human-centric candidate experience. It uses asynchronous video and AI to encourage candidates to express their true selves and lets hiring managers to identify the best hire with a focus on user experience. The company claims its recruitment process reduces the time to hire by 70%.
The solution also includes team collaboration, workflow management, reporting capabilities, enterprise-grade security, and seamless integration with traditional application tracking systems (ATS), and other existing HR applications.
Speaking about the platform and how the new funding will help the company, Benjamin Gillman, Co-founder of myInterview, said,
We are seeing radical change in the market when it comes to a new generation of employees and their relationship to work. With unprecedented attrition rates, now more than ever organizations need to be pushing the bar when it comes to candidate engagement. We have experienced tremendous momentum over the past two years and this new funding will further help us to tackle the unprecedented labor shortages we’re seeing by better sourcing and engaging candidates through a much more personalized approach.
myInterview plans to focus future product developments on expanding its uniquely human approach into candidate attraction and engagement for high-volume hiring.
Michael Eisenberg, Partner at Aleph, said,
myInterview is well placed to help its customers further optimize their talent acquisition by doubling down on a more human-centric candidate experience.
Avi Eyal, the Managing Partner at Entrée Capital, added,
We are seeing drastic changes in the market when it comes to talent acquisition, especially with frontline staff, and we believe myInterview is uniquely positioned to tackle and disrupt this market.
myInterview has helped over 10,000 companies connect with candidates in a more personalized way, including 7-Eleven, Ocado, Facebook, Goodwill, and Six Flags, and has facilitated over 7 million candidate interviews on its platform since its founding in 2016.