Phenom People, a human resources (HR) platform that leverages artificial intelligence (AI) to help companies attract new talent, has raised $30 million in a series C round of funding led by WestBridge Capital, with participation from eBay founder Pierre Omidyar’s VC firm Omidyar Ventures, AXA Venture Partners, Sierra Ventures, Sigma Prime Ventures, Karlani Capital, and a fund belonging to AllianceBernstein.
Founded in 2010, Philadelphia-based Phenom People touts its “talent experience management” (TXM) platform as an all-in-one solution for companies looking to build career websites with personalized job and content recommendations, chatbots, and a content management system (CMS) for pushing fresh content to the site.
AI in recruitment
Numerous startups are leveraging AI and automation to streamline the recruitment process, including New York-based Fetcher, which crunches data to proactively headhunt new candidates; San Francisco’s Xor, which uses AI for recruitment and screening; and New York-based Pymetrics, which helps companies carry out candidate assessments through neuroscience games.
Phenom People claims some 300 clients around the world, including big-name customers such as Microsoft, which uses the Phenom People platform to power its career portal. “Microsoft is an excellent example of a leading technology organization working to revolutionize candidate experience through AI-driven experiences,” said Phenom People CEO and cofounder Mahe Bayireddi at the time. Other notable clients include Amazon-owned Audible and Whole Foods, Ford, General Motors, Hershey’s, and Philips.