AI recruiter Alex raises $17M to automate initial job interviews

Alex, an artificial intelligence (AI)-powered recruiter, has secured $17 million in a Series A funding round led by Peak XV Partners. The Y Combinator startup aims to automate the initial stages of the job interview process, enabling companies to streamline their hiring efforts. The platform leverages AI technology to conduct virtual interviews, analyze candidate responses, and provide insights to hiring managers. This approach aims to save time and resources by screening applicants more efficiently, allowing companies to focus on the most promising candidates. The funding will be used to further develop Alex's AI capabilities, expand its customer base, and explore new features to enhance the hiring process. The startup's founders believe that automating initial interviews can help reduce bias and improve the overall candidate experience. This investment reflects the growing demand for AI-driven recruitment solutions that can optimize the hiring process and make it more accessible for both employers and job seekers.