Swyg - disrupting the recruitment process
by Startacus Admin
Swyg, the Irish startup that's on a mission to improve hiring by using AI to help remove assumptions and biases from the recruitment process...
We write fairly often about recruitment, with some of the most recent examples being Caroo and Talentful. Recruitment is a process and an industry that is out of date and which needs disruption. It is currently experiencing this disruption, but that can come in many forms and take us in many directions, so there is always room for more disruptors.
Dublin-based startup Swyg is bringing more much-needed disruption to recruitment with its platform to help remove assumptions and biases from the process.
Swyg puts an interesting twist on the usual interview process in that candidates interview each other. This is done through brief 1-on-1 video chats and is monitored by an artificial intelligence. The candidates rate and review each other, giving recruiters a chance to see how the candidate reacts to that position of power (kind of) over their competitors.
The AI analyses each of these reviews to generate objective assessments of each candidate. At the end of the process, Swyg provides an unbiased and fair assessment to each candidate, including feedback on technical and interpersonal skills.
The platform actively detects and corrects for bias, so by the time hiring managers get to the candidates, there is a wealth of assessments and information to go with their CV, and the subconscious temptation to hire those who are like the managers themselves. The hiring managers set up the interviews between candidates, setting the questions to ensure that they are relevant to the roles being applied for, but otherwise, Swyg takes care of gathering the insights you need to make a decision.
In September, Swyg announced the closing of a €1m funding round led by Frontline Ventures and including multiple angel investors. The startup’s team consists of recruitment, technology, and psychology experts, but this funding will allow them to expand this team and improve the platform.
Subscribe to our newsletter
If you would like to receive our startup themed newsletter, full of the latest startup opportunities, events, news, stories, tips and advice, then sign up here.
Enterprise North West and Startacus collaborate with a group of students from NWRC to create Week Gen-C, a part- employability, part-career and part-entrepreneurship focused digital project & channel
.jpeg)
Having a strong team around you is key - these basic tips highlight all the things that you'll need to consider...
Vehicle management platform, Caura raises major seed funding to support its mission of reducing stress and expense of driving in the UK
The lowdown on Peroptyx, the machine learning startup that helps companies refine their AI systems with real-world human insight and feedback
The lowdown on Greenfinity, the smart designer system that lets you grow your favourite herbs and other plants throughout the year
Diversity & Inclusion Toolkit launched by Tech Nation to help tech founders and their employees create more diverse and inclusive businesses, and provide equal opportunities for all in UK tech
Digital ID verification startup OCR Labs secures major investment to support further technology innovation and expand its operations in UK and Turkish markets
ECOncrete Wins EU H2020 Funding to Lead the “LIVING PORTS” Project to Deploy Next-Generation Port Infrastructure
"How to Scale a Startup" event on 23rd June will allow startups to explore key business areas they'll need to consider and get right if they're to move to scaleup status.
London-based financial literacy startup Strive is on a mission to teach kids about the future of money - from cryptocurrencies to saving
Published on: 11th October 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Youth Entrepreneurship, Employability and Careers Project 21st Jun 2021 Enterprise North West and Startacus collaborate with a group of students from NWRC to create Week Gen-C, a part- employability, part-career and part-entrepreneurship focused digital project & channel
- Caura raises $4.2m seed round 18th Jun 2021 Vehicle management platform, Caura raises major seed funding to support its mission of reducing stress and expense of driving in the UK
- ECOncrete Wins EU H2020 Funding 16th Jun 2021 ECOncrete Wins EU H2020 Funding to Lead the “LIVING PORTS” Project to Deploy Next-Generation Port Infrastructure
- Calling on all 18-30 year-olds in the UK with innovative business ideas 14th Jun 2021 Innovate UK and The Prince’s Trust are seeking 18-30-year-olds with ambitious business ideas that could turn into important innovations
