Spetz.io

Company Overview

Snapshot

Founded in November 2017 by Yam Dvir, Yael Florenthal, and Alon Slutzky, Spetz.io operates with 11–50 employees. The company raised $750,000 across one funding round from four investors, with GoAhead Ventures identified as a lead investor. A significant milestone was its acquisition by Paradox in January 2021.

Business overview

Spetz.io develops an AI-powered chatbot program designed to streamline talent management and recruitment processes for human resources departments. Its core technology utilizes artificial intelligence to communicate with job candidates via messaging apps, aiming to reduce friction and enhance engagement from prescreening through hiring. The company serves enterprises in the Human Resources Management sector, with customers including IKEA, EY, and Sodastream, and operates in markets such as Israel and the United States.

Strategic signal

Spetz.io's acquisition by Paradox in January 2021 for an estimated $5 million highlights the increasing demand for AI-driven solutions in HR, particularly for remote recruitment. This strategic move positions Spetz.io as Paradox's development center for EMEA countries, signaling a growth trajectory and expansion of its AI-powered recruitment technology into broader international markets.

Company Intelligence Q&A

What was a significant corporate event for Spetz.io?

In January 2021, Spetz.io was acquired by Paradox.ai. This acquisition was driven by increased demand for remote recruitment solutions and positioned Spetz.io as Paradox's development center for EMEA countries.

When was Spetz.io founded and by whom?

Spetz.io was founded in November 2017 by co-founders Yam Dvir, Yael Florenthal, and Alon Slutzky.

What is Spetz.io's primary product?

Spetz.io developed an AI-powered chatbot program that uses artificial intelligence to communicate with job candidates via messaging apps, assisting HR departments in the recruitment process.

Which investors participated in Spetz.io's funding round?

In March 2020, Spetz.io secured funding from investors including GoAhead Ventures and Lagziel family.

Which accelerators has Spetz.io graduated from?

Spetz.io graduated from the AKT Labs HR Accelerator in September 2018, Fusion LA in November 2020, and The Builders in December 2020.