A new startup has put out a request for investors and I thought I’d share it here. There is a new rush to build out AI powered resume tools/job marketplaces and it will be fun to see who emerges in this next generation job board war. -CR
Jobsolv, an AI-powered hiring platform that streamlines recruitment and removes the friction from job searching, has launched its first fundraising round. Having achieved profitability and generated over $60,000 in revenue during its bootstrapped first year, the company is now seeking investors, mentors, and strategic partners to fuel expansion and capitalize on the burgeoning market for AI-driven B2B hiring solutions.
View Jobsolv’s pitch deck.
The Market Opportunity: A $47 Billion Industry Ripe for Disruption
- The hiring process is inefficient for both businesses and job seekers:
- Job seekers endure 6+ months of searching and submit 200+ applications on average.
Candidates spend up to 40 hours per week applying for jobs—the equivalent of a full-time job, unpaid.
- Companies waste billions annually due to inefficient hiring processes and bad hires.
The global AI recruitment market, valued at $661.56 million in 2023, is projected to grow to $1.12 billion by 2030 at a CAGR of 6.8% (Maximize Market Research).
Its Making Money
-Jobsolv’s Strong Market Validation and B2B Expansion
-Over $60,000 in first-year revenue, proving product-market fit
-Multiple revenue streams driving growth
-Low CPA, high LTV, and high-margin business model
-Acquired niche job boards with highly skilled job seekers
-Expanding into B2B hiring to serve startups, SMBs, and enterprises
Jobsolv is not another job board. The platform optimizes hiring decisions using deep learning and multi-touch data analysis, reducing hiring time, minimizing bad hires, and improving retention.
Jobsolv say they are now actively seeking strategic investors. And also;
- Mentors & Advisors: Experienced industry leaders who can help scale the company.
- Team Members: Hiring top talent, including a CTO, to further develop its AI platform.
- Investors and mentors interested in joining Jobsolv’s mission can reach out directly.
