Pin, the AI-powered recruitment tool transforming hiring processes, has announced a $3 million seed funding round led by Expa Ventures. With a mission to automate tedious hiring tasks, Pin is reducing time-to-hire by nearly 70%, serving over 600 customers nationwide. This funding will accelerate product development, expand marketing efforts, and meet the growing demand for its innovative platform.
Challenges in the Recruitment Market
- The recruitment industry is worth $500 billion, yet hiring inefficiencies hinder company growth.
- 47% of companies are dissatisfied with lengthy hiring processes, and only 56% find their recruitment effective.
- Traditional platforms and underperforming AI tools lead to missed opportunities.
How Pin is Transforming Recruitment
1. Advanced Automation for Key Hiring Tasks
- Source: Instantly identifies top candidates, eliminating 4-10 days of sourcing.
- Engage: Delivers personalized emails with exceptional open rates, replacing manual outreach.
- Nurture: Automates follow-ups to ensure no candidate is overlooked, shrinking response times.
- Schedule: Streamlines meeting coordination, removing back-and-forth delays.
2. Exceptional Results
- Reduces average time-to-hire from 44 days to just two weeks.
- Over 70% of Pin’s candidate matches are accepted into hiring pipelines.
- Saves recruiters more than two hours daily, enabling them to focus on relationship-building.
Key Features and Latest Updates
- Enhanced search filters for targeting candidates by location, experience, and demographics.
- LinkedIn InMail integration for direct outreach from the platform.
- Improved dashboard with advanced analytics for tracking recruitment funnels and hire quality.
- New tools like phone number lookups, email signatures, and unsubscribe automation.
- SOC 2 Type 1 compliance ensures robust data security and privacy.
Customer Success Stories
- Pin helped Range, a fast-growing company, hire a software engineer and financial planner within two weeks—critical roles for scaling their business.
- The platform’s unmatched speed and precision have enabled Pin to onboard over 300 new customers in the past 40 days.
Pin is redefining recruitment with its innovative AI-powered platform, helping companies streamline hiring while maintaining high-quality candidate interactions. Backed by Expa Ventures and a talented team with deep industry expertise, Pin is poised to drive meaningful change in the recruitment landscape.
