Aspecta has received $3.5M in Series A funding from Contour Venture Partners (CVP) and other investors including Google Ventures, New Enterprise Associates (NEA), and SAP Ventures. The company’s AI-powered platform helps companies find, recruit and retain the best talent in their markets by identifying the skills and experiences they need through an AI-driven process that looks at a candidate’s past work experience and skills.
Through machine learning and advanced analytics, Aspecta is able to identify patterns in candidate resumes, even if they have been through multiple jobs or haven’t worked for many years. The company will use the funding to grow its team of data scientists, engineers, designers and product managers; launch additional products; expand into new markets such as credit scores, criminal records and school transcripts; build out its sales team; establish partnerships with other technology companies within Aspecta’s verticals such as finance/insurance/banking (F&I)*
Aspecta has received $3.5M
Aspecta has received $3.5M in Series A funding from Contour Venture Partners (CVP) and other investors including Google Ventures, New Enterprise Associates (NEA), and SAP Ventures. Aspecta has received $3.5M in Series A funding from Contour Venture Partners (CVP) and other investors including Google Ventures, New Enterprise Associates (NEA), and SAP Ventures.
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The company will use the funds to continue building its backend code review platform that can be deployed on any cloud-based infrastructure. Aspecta’s software monitors your code for errors automatically, so you don’t have to remember to look at it yourself or wait for someone else to do it for you—and it does this every time someone checks in code changes into your project repository.”
The company’s AI-powered platform
The company’s AI-powered platform helps companies find, recruit and retain the best talent in their markets by identifying the skills and experiences they need through an AI-driven process that looks at a candidate’s past work experience and skills.
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Aspecta, a New York City-based startup that develops AI-powered platforms to help companies find, recruit and retain the best talent in their markets, is announcing it has raised $3.5 million in funding from Tusk Ventures. The company’s AI-powered platform helps companies find, recruit and retain the best talent in their markets by identifying the skills and experiences they need through an AI-driven process that looks at a candidate’s past work experience and skills.
Through machine learning and advanced analytics, Aspecta is able to identify patterns in candidate resumes, even if they have been through multiple jobs or haven’t worked for many years. Aspecta’s AI-powered platform helps companies find, recruit and retain the best talent in their markets. The company’s proprietary data science tools have been used by more than 1,000 organizations across industries including finance and health care.
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Aspecta’s technology uses machine learning to identify patterns in candidate resumes—even if they have been through multiple jobs or haven’t worked for many years. This allows organizations like Accenture to quickly find the best candidates without having to spend hours manually reviewing hundreds of applications from candidates who don’t match their needs.
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The company will use the funding to grow its team of data scientists, engineers, designers and product managers; launch additional products; and expand into new markets such as credit scores, criminal records and school transcripts. Aspecta will use the funding to grow its team of data scientists, engineers, designers and product managers; launch additional products; and expand into new markets such as credit scores, criminal records and school transcripts.
Aspecta was founded in 2012 by serial entrepreneur Tom Phillips (co-founder of market research firm YouGov) with a goal of using AI to solve problems related to hiring software developers. The company has raised $2M from investors such as NEA Quantum Ventures and 500 Startups since its inception (the most recent round was closed in February).
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Artificial intelligence can help you recruit the best people for your company. AI can help you find the right people for your company in a short amount of time, with minimal human intervention and fewer false positives than traditional approaches.
Conclusion
The funding from Contour Venture Partners and others is a validation of our strategy. We are building a platform that can help companies identify the best talent in their markets, even if they haven’t worked for many years. The fact that Aspecta has attracted such strong investors shows that we’re on to something big here—and it’s going to pay off big time!
