fyi: interviewing just got better

setting the scene

  • eager for a career switch, you apply for your dream job

  • a recruiter contacts you, and so begins a messy and frustrating interview process

    • you spend a week emailing back and forth to schedule the first call

    • unsure of what to expect, you Google โ€œtop interview questions,โ€ and stalk prospective interviewers on LinkedIn ๐Ÿ‘€

    • the post-interview radio silence leads you to apply elsewhere

    • weeks later, the recruiter reaches out to schedule the next round after having accepted another job ๐Ÿคฆ๐Ÿปโ€โ™€๏ธ

  • this weekโ€™s company improves the candidate experience by helping companies build transparency and retain potential talent logo

in a sentence is a candidate experience platform that enables talent teams to engage with candidates and track sentiment throughout the interview journey

  • platform: integrates with 30+ existing applicant tracking systems (ATS)

  • engage: a customizable portal allows companies to present personalized information to the candidate that updates throughout the process

  • track: automated feedback tools provide hiring teams with data on candidate engagement

bulleted version: similar to how Telehealth portals help healthcare providers improve communication with patients, helps talent teams build transparency with interviewers ๐Ÿ‘จ๐Ÿพโ€๐Ÿ’ผ

the basics Demo

sponsored by

  • Sweater Ventures is proud to announce round two of Barnburner, the world’s largest CONSUMER pitch competition.

  • Imagine Shark Tank meets America’s Got Talent. Founders will compete to pitch on a live stage for a $500k investment from a panel of VCs, filmed in front of a live consumer audience, and premiered to a global consumer audience.

  • Your vote makes all the difference in deciding who makes it to the final stage. Vote here today through the Sweater app.

due diligence

what we like

  • ๐Ÿ‘จโ€๐Ÿ’ป market drivers: the growth of the $2b recruitment software market is driven by investment in technology that caters to virtual recruiting, improves user experience, and integrates with existing HR systems

  • ๐Ÿคฉ candidate engagement: helps companies attract and retain applicants by improving UX, building transparency, and gathering real-time feedback 

    • in a study, 50% of applicants declined offers due to a poor candidate experience

  • ๐Ÿ’ฐ enterprise checks: by integrating with the enterprise customerโ€™s existing recruitment software, the company builds a high annual contract value while eliminating switching costs and shortening sales cycles

potential risks

  • ๐Ÿ’ธ budget cuts: as companies tighten spending on non-core software, HR departments may face budget cuts 

  • ๐Ÿ‘ฅ customer support: enterprise customers require significant time and resources, which could slow initial growth

  • ๐Ÿ“ ATS innovation: as more ATSs prioritize the candidate experience, well-funded market leaders may pose competition

founder profiles Cartoon


why by improving UI, automating candidate feedback, and integrating with existing systems, this company hits the pain points that hiring teams experience throughout the interview journey

bulletin board

  • ๐Ÿค‘ fundraise alert: Valence Vibrations, a neurotech startup that provides communication tools to help interpret emotions, is raising a $500k pre-seed extension

  • ๐Ÿฆ SVB, explained: on Friday, Silicon Valley Bank, the bank for half of all venture-backed tech and life-science companies and 2,500+ investment firms, collapsed

    • during the pandemic, SVB invested funds into long-term bonds when interest rates were near zero

    • interest rates rose, bond prices fell, and SVB scrambled to raise capital after declaring a $1.8b after-tax loss

    • as a result, the bankโ€™s market cap fell sharply, and customers withdrew $42b on Thursday, causing the largest bank run and second largest bank failure in history

    • Secretary Yellen assured SVB clients would not incur losses, and the FDIC began returning funds yesterday through the Deposit Insurance National Bank of Santa Clara

    • regulators will re-attempt to auction off the bankโ€™s assets after Sundayโ€™s failed auction

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