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Czech AI-powered recruitment startup Finlay, built by former MEWS employees, secures €300k pre-seed

by
Jakob Ulrych
November 28, 2024
Prague's AI-powered recruitment startup, Finlay, uses AI and human expertise to connect companies with skilled talent quickly. It has secured €300,000 in a pre-seed funding round led by J&T Ventures, alongside DEPO Ventures.

Founded in 2024 by Scott Moran, Juraj Lenoch, Peter Kisel, Matt Slavik, and Ondřej Illek, Finlay is an AI-powered recruitment startup that aims to transform the hiring process. By combining AI technology and human expertise, Finlay helps companies quickly connect with top talent from various platforms, including LinkedIn, Reddit, Stack Overflow, and GitHub.

“Our goal is for you to see 40% more candidates that you haven’t seen before and ensure the first five candidates you meet are highly promising. We want hiring to be as simple as an Uber ride – just say ‘let’s Finlay-it,’ and let our AI agents do the rest,” says CEO of Finlay, Scott Moran.

Finlay is on a mission to overhaul recruitment with an AI-powered hiring agent designed to efficiently connect companies with the best talent. This technology not only sources candidates from LinkedIn but also taps into alternative platforms like Reddit, Stack Overflow, and GitHub to ensure a comprehensive talent search.

“Finlay has impeccable timing for driving change in HR. On top of that, the founders bring deep expertise in recruitment and AI development. Combined with their proven executive track record, this positions the project for global success,” says Jan Krahulík, partner at DEPO Ventures.

The pre-seed funding round was led by J&T Ventures, a venture capital firm supporting CEE and SEE startups at seed and Series A stages with investments ranging from €500,000 to €2.5 million.

“There has never been a better opportunity to disrupt the recruitment industry. Thanks to its strong team, Finlay can move quickly, challenge established leaders in the field, and capture a share of a market that is both competitive and enormous – in Europe as well as the United States,” Jakub Zimola of J&T Ventures, stated in a statement.

The startup plans to use the funds to further develop its AI-powered recruitment platform, expand its operations, and establish a future presence in the USA. Additionally, the funding will support Finlay’s transition to a subscription-based model for its recruitment services.

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