Allyo, now part of HireVue, is a startup that operates in the recruitment technology market, providing an AI-powered hiring assistant to streamline the recruitment process. This innovative solution is designed to help businesses hire more efficiently and effectively, reducing the time-to-hire by up to 4x. The platform engages candidates from the initial greeting to the final hiring decision, ensuring a smooth and efficient process.

The company's primary clients are businesses looking to optimize their hiring process. Allyo's solution is particularly beneficial for companies with high-volume hiring needs, such as restaurants, as demonstrated by their successful partnership with Maggiano’s Little Italy. The platform's 24/7/365 candidate engagement and automated follow-ups help to increase interview show rates and recruiter bandwidth.

Allyo's business model revolves around providing a subscription-based software service. Companies pay a fee to use the platform, which in turn helps them save time and resources in their hiring process. The platform's AI capabilities allow it to automatically progress candidates in the recruitment pipeline, reducing manual work for recruiters and speeding up the hiring process.

In addition to its core hiring assistant service, Allyo also offers smart, chat-based job matching. This feature helps to widen the recruitment funnel, ensuring that quality candidates are not lost due to poor experience or ineffective job matching. The platform uses O*NET job matching and communicates with candidates via text or WhatsApp, providing them with next steps within minutes of applying.

Keywords: Recruitment Technology, AI-Powered Hiring, Efficient Hiring Process, High-Volume Hiring, 24/7 Candidate Engagement, Subscription-Based Software, Automated Recruitment Pipeline, Chat-Based Job Matching, O*NET Job Matching, Text and WhatsApp Communication.