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Job Matching Chatbot MeetFrank Raises $1.1 M

Estonian job Matching Chatbot MeetFrank raised $1.1 M of funding from Hummingbird VC, Karma VC and Change Ventures.

Voice assistants and chatbots in the enterprise have focused on making tedious, day-to-day tasks easier for employees. MeetFrank is a chatbot that aims to do this for companies who are looking for new talent and for those who are also looking to be future employees. The company recently raised a $1.1 million funding round from Hummingbird VC, Karma VC and Change Ventures to expand across the European market. Currently MeetFrank has about 125,000 active users in six countries with 2,000 companies using it to try and find new talent, voicebot.ai writes.

One of MeetFrank’s key differentiators, aside from its artificial intelligence assistant Frank, is that its target market is “passive job seekers” – those that would switch jobs if an ideal opportunity presented itself. MeetFrank clients write comprehensive job descriptions for roles they would like to advertise, including the salary range for the advertised position. This is because MeetFrank has found that the number one reason to switch or not to switch jobs is salary-based.

On the talent side, MeetFrank is completely anonymous at first. Job seekers simply fill out a questionnaire through the chatbot, including skills and experience which are chosen from pre-set lists, and stating their current job title and salary. Frank the chatbot also asks the talent what it would take to switch jobs, whether it be an increase in salary, a new city or a different kind of company culture.

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