Snap.hr is banking on AI to transform recruitment and has already convinced Tesco to get on board
A new recruitment platform utilising machine learning and artificial intelligence (AI) to better match candidates with tech roles has launched today and has already signed up some big-name companies onto its service.
London’s Snap.hr joins a long list of companies waving the AI magic wand and claiming to bring innovation to an outdated industry, but with the likes of TransferWise, Skyscanner and Tesco already utilising the platform for their tech recruitment it looks like there may be some substance to their claims.
Taking aim at the ‘fragmented and outdated’ recruitment market, the startup has already signed up 1,600 companies on its platform who have access to a pool of 12,000 tech specialists which Snap.hr has pre-screened beforehand.
According to the tech firm, its finely honed recommendation and matching engine, which constantly learns from candidates and jobseekers on its service, has already halved the average time it takes to get hired down to 12 days from the industry standard of around 24.
It also claims that, since its beta launch, jobseekers have received on average five interview requests within the first week and that over 95% of those who have been placed by Snap.hr are still at the company after six months, which it believes attests to the accuracy of its matching service.
Marcus Bennett, Recruitment Manager for Technology, Digital Product & Online at Tesco PLC, hailed the early impact of the platform on the UK retail giant’s tech recruitment despite only recruiting through Snap.hr for a few months.
He said: “We have successfully hired a range of software engineers within the first few months of using Snap.hr, from a data scientist to our new Head of Development. The response rate has been fantastic as we have been able to reach a wide pool of talent.”
Founded by Chief Executive Officer, Raoul Tawadey, Snap.hr is also headed up by Chief Technology Officer, Roberto Pérez Nygaard, who oversee a team of nine from their London HQ.
Tawadey said that the company is building ‘the future of recruitment’ and that while its initial focus would be on ‘in-demand tech talent’ the implication was clear that it would be looking to expand into other professions and sectors in due course.
“General platforms like Linkedin require a huge time commitment and traditional recruiters can lack transparency and tend to push their own agenda,” he said.
“Snap.hr combines cutting-edge AI with a focused team of recruitment experts, to offer companies the opportunity to interview and hire Google-level tech talent quickly and easily.
“Our UK operations have grown 300% in the last quarter and, as we’re seeing a rise in UK developers looking to relocate post-Brexit, we’ll also be expanding into two new countries over the next few months.”
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