TaTiO, a Tel Aviv, Israel-based provider of a job simulation platform, raised $5.3M in Seed funding.
The round was led by Mensch Capital Partners, and Cresson Management, with participation from Cerca Discovery, Tau Ventures Ltd., Techstars, and GoodCompany. Private investors included Michael Eisenberg, General Partner at Aleph VC, Jeff Swartz, former CEO of Timberland, and NirZohar, President of Wix.com.
The company intends to use the funds to accelerate growth, expand operations and its business reach.
Founded by Maya Huber, PhD, and Mor Panfil, TaTiO enables companies to improve their candidate-to-hire ratio for high-volume positions by accessing workers from several sources and assessing their actual job skills. The company offers a method of job recruitment that eliminates the fixation on resumes, instead focusing on skills. It sources potential candidates and provides realistic job simulation tasks that predict their aptitude for a variety of careers. AI analysis learns and tracks each candidate’s behavior, service orientation, and tone of voice producing a report with a job-specific prediction score and providing employers with a performance assessment before the first interview is set. TaTiO continuously learns about the employer’s preferences, improving their applicant-to-hire ratio.
FinSMEs
14/10/2022