Wade & Wendy, a NYC-based AI recruitment platform, closed a $7.6m Series A funding.
The round was led by Jazz Venture Partners, with participation from existing investors Randstad Innovation Fund, ff Venture Capital and Indicator Ventures.
The company intends to use the funds for the continued development of its solutions.
Founded in 2015 and led by Drew Austin, CEO, Wade & Wendy is a conversational AI recruiting company featuring:
– Wendy, an AI recruiter responsible for sourcing, screening, and recommending talent and automates repetitive, time-consuming hiring tasks, and
– Wade, an AI recruiter working on behalf of the talent, informing them of opportunities that are relevant based on their interests and experiences.
Powered by natural language processing and machine learning, the proprietary recruitment engagement platform integrates with talent teams’ existing hiring tools to augment their processes. Following a series of pilots, the company entered into a multi-year contract with Randstad Sourceright, a global talent leader responsible for over 150,000 job placements annually, to drive the adoption of Wendy. Randstad will be utilizing Wendy across a range of Fortune 500 companies, allowing its talent experts to focus on high-value, strategic activities.