Startup automating recruitment raises £500k in six months 

A London-based startup looking to automate business development for recruiters has raised £500,000 in pre-seed funding just six months after its launch. 

Vente AI said it will use the funds to integrate its product with existing recruitment tools for faster user onboarding. 

The company works with recruitment agencies that spend as much as 40% of their time on lead identification and analysis. 

Vente AI has developed a lead analysis model to automate sales processes and access recommendations on new opportunities likely to close. 

“I spent over 12 years working in the recruitment industry and know how time-consuming business development can be,” said Vente AI co-founder and CEO Cameron Briggs, who previously founded a recruitment tech platform which filtered applications by relevance to the client. 

“Recruiters use manual processes to match the best candidates with great companies. Automating these processes will reduce costs and increase productivity for recruiters, which could have a significant impact on one of the UK’s largest professional services industry and create a more efficient and competitive employment market in the process.” 

In the two months since the startup released its AI product, it claims to have generated more than £300,000 in additional revenue for agencies by allowing the processing of 250 candidates. 

The funding round came from early-stage investor Antler VC, as well as a range of angel backers. 

“When the founders of Vente AI shared their vision with us, we knew this was a significant opportunity,” said Antler partner Jed Rose. 

“They are building technology to improve processes in a major industry and they combine the first-hand experience, domain expertise and technical skills to build a credible and scalable solution.” 

Vente AI is operating out of Antler’s tech space in London’s East End. 

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