spetz.io
Spetz.io, an Israeli startup which has integrated artificial intelligence bot into an app which helps companies to engage with prospective employees, has been acquired by the American firm Paradox.
Paradox offers an AI platform to help firms’ global talent acquisition teams automate recruiting tasks like screening, interview scheduling, and candidate communications.
Founded in Tel Aviv in 2017, Spetz states that it helps companies to engage their talents via messaging apps with a direct, automated communication tool. Spetz boasts that its bot reduces hiring friction and increases engagement from pre-screening to hiring. By gathering and analyzing massive amounts of data, Spetz says that it makes the candidate experience “as good as it gets.”
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Spetz currently has big name clients like Ikea and Sodastream.
The company creates a business profile on WhatsApp for its clients. Each new applicant for a position with a client firm triggers a Spetz bot. Spetz then automatically engages their candidates and constantly integrates back to a client’s data base.
Clients will be able to conduct a pre-screening before the phone interview. They can ask their candidates basic questions early on, and continue with only the most relevant ones, saving both sides time and energy Send automated and personalized interview reminders, attach location links and request RSVP without picking up the phone Collect feedback from your applicants at the end of the process and let them know that their opinion matters.
Yam Dvir, Spetz’s co-founder and CEO, said, “When we met with the Paradox team we immediately saw a massive opportunity to build something bigger than ourselves. Combining our expertise with Paradox’s vision and momentum as a clear category leader is really one of those ‘the whole is greater than the sum of its parts’ opportunities. We can’t wait to get started accelerating Paradox’s vision for a future where recruiting is frictionless, elegant, and people-centric.”
Launched in late 2016, Paradox is based in Scottsdale, Arizona. The company states that it is the leader in Conversational AI, supporting some of the world’s largest employers, including Unilever, McDonald’s, CVS Health, PepsiCo, and Aramark.
Olivia, the company’s conversational AI assistant, is helping TA teams automate tasks like screening, interview scheduling, candidate communications, and more, so recruiters can spend more time with people, not software.
