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 Recruitment is a process and an industry that is out of date and which needs disruption.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.
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Published on: 11th October 2020
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