Brazilian Startup Using AI To Tackle Recruitment Bias Aims For US Market

  • 📰 Forbes
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

Business News News

Business Business Latest News,Business Business Headlines

Jobecam has attracted former Brazil Central Bank chief Armínio Fraga in a new round and wants to help U.S. firms reduce recruitment costs, attract talent and have more diverse hires.

The firm claims to shorten hiring processes by around 80% and boost diversity in recruitment by 70%, having facilitated over 200,000 interviews with candidates from under-represented groups in Brazil alone since its inception. The goal is to increase the number to 1 million in a year.

According to Yochabell, the initial aim in the US is to drive the adoption of the tool for university student admissions. The company already has a US client, and hopes the business will self-sustain in the short term. However, the startup is structuring a bridge round of around $2 million in the US and is already in talks with investors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Sure, with well-structured arguments…. a discussion must be made, at least. If more………. 🙂⚓️🌈

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

China and Brazil look to set up green investment fund, say Lula aidesBrazil and China are in talks to create a fund for financing the development of green industry and renewable energy in both countries, two senior Brazilian officials told Reuters. And what currency do you think they will use for trading ? .... ... .. . Uh oh. Better overthrow another South American government Neither is a green govmt so...?
Source: ReutersScience - 🏆 559. / 51 Read more »

China and Brazil may set up green investment fundBrazil and China are in talks to create a fund for financing development of green industry in both countries, Brazilian officials say, adding proposal could be announced during President Lula's visit to Beijing next week
Source: trtworld - 🏆 101. / 63 Read more »