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Take2 AI, an artificial intelligence job simulation platform for sales recruiting, announced that it has raised $3 million in Seed funding. The round was led by Reach Capital and SemperVirens, with participation from other Silicon Valley venture capital funds, Techstars and HR leaders from Visa, Disney, HP and Google.
In the United States, sales positions account for approximately 14% of all jobs nationwide, causing employers to spend countless hours reviewing applications and often struggle to effectively identify high-quality candidates. Take2 solves this problem by recreating company and role-specific scenarios, helping applicants integrate into potential roles, review their cultural fit within the company, and provide performance data to employers.
“There’s been a lot of talk about skills-based hiring in recent years, but most employers still rely heavily on resumes,” said Yaniv Shimoni, co-founder of Take2 AI. “Especially in high-volume sales positions where resumes do not help predict suitability, leading to extremely high short-term attrition.”
According to one client who spoke on condition of anonymity, Take2 helped its sales rep 90-day churn rate drop from 58% to 15% within four months of adopting the platform internally. Not only does this help it meet quotas faster, but it also reduces recruitment time by eliminating two rounds of interviews in the recruitment process.
“We are very bullish on skills-based recruiting. Given advances in generative artificial intelligence, Take2 AI brings a novel approach to recruiting that is scalable and timely.” Added SemperVirens General Partner Allison Baum Gates: “Take2 AI is improving recruiting outcomes , and create new avenues for candidates who may have been overlooked in the hiring process. “
Take2 AI was founded by Kaushik Narasimhan and Yaniv Shimoni, who met at Stanford Business School and each had expertise in building and scaling sales teams. The company was founded based on insights from skills-based hiring research they conducted at Stanford University. Its headquarters is in New York.
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