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March 28, 2024

Ex-Uber, Palantir alums’ Metaview raises $7M to streamline hiring with AI

Metaview, founded by former Uber and Palantir employees, secures $7 million in funding to revolutionize hiring processes using AI. The investment underscores confidence in Metaview's innovative approach, leveraging artificial intelligence to streamline recruitment and improve hiring efficiency, addressing challenges faced by companies in talent acquisition and selection.

Hiring decisions are among the most important a company has to make yet the process hasn’t evolved for decades. Taking interview notes and writing up feedback wastes valuable time and detracts from the quality of conversation, whilst decisions lack objectivity, and bad hires are all too common despite the fact they can cost companies three times the salary for the role. London-based Metaview aims to transform this and drive efficiency at scale with AI. 

In a recent development, Metaview has raised $7 million in a funding round led by Plural. Coelius Capital and existing investors Vertex Ventures US (invested in Trigo), Seedcamp, Village Global, and notable angels, including Kyle Parrish (Figma VP of Sales), and Barney Hussey-Yeo (Cleo co-founder). 

The latest funding will be used to accelerate product development and grow the team, including growing its engineering team to 3x over the next 18 months, to build more impactful features to serve Metaview’s growing customer base.

Deploys AI for hiring decisions 

Metaview was founded in 2018 by former Palantir and Uber product and engineering managers, Siadhal Magos and Shahriar Tajbakhsh, to transform hiring. The AI platform helps companies make business-critical hiring decisions better and faster by focusing on improving the most opaque part of the process: the interviews.

The platform leverages AI to capture conversations throughout the recruitment process to create a single source of truth for hiring teams. By recording and analysing to generating objective summaries, indexed by key topics, Metaview reduces the administrative burden of interviewing through automation. 

As per the company, it has saved teams at least 20 hours per hire. This allows recruiters and hiring managers to focus on quality interactions with candidates and make informed, objective decisions based on data. 

Currently, Metaview supports leading brands such as Brex, Quora, Pleo, and Improbable with their global hiring practices.

Shahriar Tajbakhsh, CTO at Metaview said: “I’m ecstatic to team up with Plural as we continue to reimagine the recruiting ontology from first principles. By placing conversations at the nucleus of our platform, we’re leveraging state-of-the-art AI to operationalise the latent context within these interactions. This enables us to build AI agents that augment and automate hiring workflows in ways previously unimaginable.”

Khaled Helioui, Partner at Plural said: “Hiring decisions are critical to the success of any business, but for decades this crucial step has been ignored by technology. Siadhal and Shahriar, having honed their skills at Uber and Palantir, notorious for setting new standards of excellence in terms of recruiting, are uniquely positioned to change this dynamic. Metaview is making recruitment decisions better, faster, and more objective. In doing so, it’s creating improved outcomes and contributing to more equitable workplaces by removing some of the pervasive biases that clog most hiring processes.”

Sourced from Tech Funding News

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