Job-Related Startup Funding Points To More AI Screening And More ‘Gigification’ Of Work

Generally, when we refer to the future of work, it is believed that man does something.

Certainly, since the beginning of the Industrial Revolution, we have automatically automated our share in 250 years. And yes, ready to work even more than artificial intelligence.

But still, it is often observed that each technical period eliminates existing jobs and creates new things. This is a trend that we have seen in the recent start-up bicycles, with completely new professions, such as app developers, Uber drivers and influence, even reducing the profession.

Keeping in mind, we turned to the Crunchbase Datastate this week to find out that the recent start -up financing around the job and recruitment tells us about the changes in our developing job market.

First, a look at funding

Our inquiry comes between the period in which the HR, recruitment and employment categories are neither visible in the vogue nor take advantage of it with venture investors.

So far this year, global investment for these categories is about $ 2.3 billion in total, according to the Crunch Base data. This is kept on track for more than a year to achieve it, even investing on a part of the market during the market peak, as charted below.

Viewing trends

So where is the money going? Given the favorite areas for funding, we identified three trends of rise: AI screening, freelance and gig jobs, and tools to increase production capacity. We will review the tools tools of frontline workers in a separate article.

AI screening

AI-screening, recruiting and employing tools looked like one of the most popular areas for funding. And although it is a place that is far from the new, it is still being prepared very fast.

The sector has especially attracted considerable investment this year. For example, we used a crunchbase data to collect a list of 15 companies that have collected funds since January.

Many of these are not small. The largest funding recipient in our list-San Francisco-based Mercore-selected 100 million Series B at $ 2 billion in February. Startup AI uses automatically to smooth the process of renting the process such as screening, matching candidates' matching and interviews.

Particularly in the world of AI-powered interviews and outreach startups-and a growing topic in real-world experiences of job hunters. On the front of the funding, it is reflected in a London -based startup, Million 35 million for the Metio, June Series B, which describes detailed notes and analysis of the interview at its primary offerings. It is also perfect that, a New York -based provider for recruiters who looks for messages to seek potential services and chose Million 23 million earlier this year.

Tamtam and independent work

Indeed, all these AI-driving interviews will not result in salaries. In many cases, the employer is looking for freely providers, hourly workers, or temporary jig. Recently, including financial -powered startups, include issues.

Using the cranch twenty data, we submitted a sample set of nine companies that offered around the topics that have raised funds this year.

The most famous in this set is Job and Talent based in Unicorn Madrid, which has raised about $ 1 billion since the launch of the job platform that helps people find jobs quickly in their local areas. This spring increased an additional $ 108 million to finance the late stage.

We are also watching big rounds for companies focused on special industries. Meter, for the building; And Extrakadabra, for hospitality.

More productive version of existing jobs

But what are the areas of development for jobs? However, we started partially to answer this question: Are new jobs emerging in the current technology cycle?

Strict question. Given funding data, it seems that we are not seeing new types of jobs as increasing expectations that workers will perform a more efficient and productive version of their old jobs using AI tools. The result seems like a total of low jobs so far, especially in automation friendly areas such as customer support.

For this purpose, many startups are increasing the big rounds to help employers deploy automation into more tasks. Using the Crunch Base Dat, we have collected the list of seven samples that have raised funds from last year.

We added it as a category because it points to the future in which employees specialize in the use of productivity tools.

Among the companies on our list, Silicon Valley was the latest increase in and cell, which began with $ 30 million in initial funding from Stealth last week, hoping that professionals would be able to automatically make busy work and “human sales from human sales”.

Meanwhile, the most heavy financial -powered company is Watt Fix, which has collected more than 0 260 million to create tools to encourage organizations to adapt to digital technologies.

Rare times

Overall, the funding data indicates that we already know intuitively: the job market is in a strange place. Well -paid desk jobs that are considered to be relatively stable stable once are at risk because AI tools enable to work more in less time. In the meantime, jobs, at least for the time, look a bit more stable.

We will see in a short time to see if a job startup funding offers more indications as to where good jobs are to be found.

Related Crunchbase Questions:

Example: Dom Gazman