Fetcher.ai nabs $6.5M to match employees with open roles using AI

19 Mar, 2021

Fetcher.ai nabs $6.5M to match employees with open roles using AI
Photo by Dimitry Anikin on Unsplash

– Fetcher.ai, a recruitment platform that combines AI with human teams, today announced it has raised $6.5 million in a round led by G20 Ventures.
– The company, whose latest funding round brings its total to $12 million, says the funds will be used to expand the size of its workforce.
– In 2020, talent shortages in the U.S. rose to historic levels, with 69% of employers reporting having difficulty filling jobs, according to a ManPowerGroup survey.
– This isn’t easily remedied. A report by the Society for Human Resource Management found that filling an open position costs employers an average of $4,129 and takes roughly 42 days.

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