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Alex raised $20M in funding, including a $17M Series A led by Peak XV Partners, to enhance AI recruiting capabilities and grow its team.

Sep 29, 20254 days ago

Amount Raised

$20 Million

Round Type

series a

San FranciscoArtificial IntelligenceInformation Technology

Investors

Dalton CaldwellKris FredricksonTim SackettUncorrelated VenturesY Combinator1984 VenturesPeak Xv Partners

Description

Alex, an AI recruiting partner, has raised $20 million in funding, featuring a $17 million Series A round led by Peak XV Partners and a $3 million Seed round. The investment will be used to expand its AI capabilities and team. Alex aims to revolutionize how companies discover and hire talent by leveraging AI technology. This funding will help Alex match every open job with the right candidate.

Company Information

Company

Alex

Location

San Francisco, California, United States

About

Alex is an AI recruiting partner that automates recruiter busywork. By automating and streamlining workflows in areas including phone screens, video interviews, fraud detection, and notetaking, Alex empowers companies to find the best talent faster and more fairly, while ensuring every candidate has the opportunity to be discovered. Backed by world-class investors including Y Combinator and Peak XV Partners, Alex is used by global employers and Fortune 500 enterprises around the world.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech