Paradox
Date | Investors | Amount | Round |
---|---|---|---|
- | N/A | - | |
N/A | $13.3m | Series A | |
* | $40.0m | Series B | |
* | $200m Valuation: $1.5b | Series C | |
N/A | Late VC | ||
Total Funding | $253m |
Recent News about Paradox
EditParadox.ai is a startup that specializes in AI-driven recruitment solutions, primarily through its AI assistant named Olivia. Olivia is designed to streamline and automate various aspects of the hiring process, making it more efficient and cost-effective for businesses. The company operates in the human resources technology market, serving a wide range of clients from small businesses to large multinational corporations.
Paradox.ai's primary offering, Olivia, can perform tasks such as screening candidates, scheduling interviews, answering candidate questions, and even sending job offers and onboarding paperwork. Olivia operates 24/7 and supports multiple languages, making it a versatile tool for global recruitment needs. This AI assistant integrates seamlessly with existing recruitment systems, ensuring that companies do not need to overhaul their current processes to benefit from Olivia's capabilities.
The business model of Paradox.ai is likely based on a subscription or licensing fee for the use of Olivia, along with potential additional fees for premium features or services. This model ensures a steady revenue stream while providing clients with ongoing support and updates.
Paradox.ai makes money by offering a solution that saves recruiters and hiring managers significant time and resources, thereby providing a strong return on investment for its clients. The company’s focus on innovation and client satisfaction has made it a trusted partner in the recruitment industry.
Keywords: AI recruitment, automation, candidate screening, interview scheduling, multilingual support, HR technology, global hiring, onboarding, efficiency, innovation.