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 Recruitment is a process and an industry that is out of date and which needs disruption.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.
Early stage VC fund Anamcara led by Female Solo GP Closes $10.6M Seed Fund to Invest in Founders Building Defining B2B Software Companies
Want to ensure your startup runs smoothly? Hamid Bagherzadeh, Legal expert and Co-Founder of LegaMart shares insights on the legal contracts that will help you do just that.
Koala, the innovative travel insurtech startup, secures investment to fuel its growth in Europe, expand its team and build additional travel protections.
The best early stage tech startups from across the UK revealed in Tech Nation’s final Rising Stars competition.
Over 100 organisations come together via The Micro Business Alliance to help provide a voice for the UK's startups, micro businesses and small businesses.
The lowdown on London-based hearing wellness startup Mumbli and its mission to help businesses provide inclusive spaces for all hearing abilities and preferences.
Tech Nation calls for tangible support to secure capital, talent, growth and exits needed to accelerate the growth of UK tech in decade ahead.
Glasgow-based This is Milk seeks investment for Neve Learning, its cloud-based Ed-Tech platform that has inclusivity and accessibility at its core.
.jpg)
With the UK facing a clear digital skills gap, Amy Caton, Digital Talent and Impact Senior Manager at BT Group shares some insights on what businesses should do to close that divide.
The lowdown on Berlin-based Beazy and its innovative solution that helps teams to plan, produce and deliver creative content and helps businesses to connect with talented content creators.
Published on: 11th October 2020
If you would like to enable commenting via your Startacus account, please enable Disqus functionality in your Account Settings.
- Anamcara launches $10.6M seed fund to back new wave of business tech 30th Mar 2023 Early stage VC fund Anamcara led by Female Solo GP Closes $10.6M Seed Fund to Invest in Founders Building Defining B2B Software Companies
- Travel insurtech Koala raises €2m to accelerate its growth 29th Mar 2023 Koala, the innovative travel insurtech startup, secures investment to fuel its growth in Europe, expand its team and build additional travel protections.
- Tech Nation announces the 10 winners of its latest Rising Stars competition 29th Mar 2023 The best early stage tech startups from across the UK revealed in Tech Nation’s final Rising Stars competition.
- Micro Business Alliance launches to represent 75% of the UK’s businesses 28th Mar 2023 Over 100 organisations come together via The Micro Business Alliance to help provide a voice for the UK's startups, micro businesses and small businesses.
