BarRaiser

BarRaiser

Verified
Standardizing interviewing process - a platform for an online interviews and recruiting. Learn more

Launch date
Employees
Market cap
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Net debt
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Enterprise valuation
$17—25m (Dealroom.co estimates May 2022.)
Wilmington Delaware (HQ)

Financials

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DateInvestorsAmountRound
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$4.2m

Seed
Total Funding000k

Recent News about BarRaiser

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BarRaiser is a cutting-edge startup that leverages artificial intelligence (AI) to revolutionize the recruitment process. The company offers an AI-powered video interview platform designed to save time, reduce bias, and enhance the overall candidate experience. BarRaiser primarily serves businesses looking to streamline their hiring processes, ranging from small startups to large enterprises across various industries.

Operating in the HR technology market, BarRaiser addresses a critical need for efficient and fair hiring practices. The platform provides structured interviews, live interview guidance, and intelligent interview reports, which help companies make better hiring decisions. By using AI, BarRaiser ensures that interviews are consistent and unbiased, leading to a more equitable selection process.

BarRaiser's business model is based on a software-as-a-service (SaaS) approach. Companies subscribe to the platform and pay for its services, which include features like live interview guidance, interviewer performance tracking, and data-driven hiring recommendations. The platform also integrates seamlessly with existing HR technology stacks, making it easy for businesses to adopt and use.

The company makes money through subscription fees from its clients, who benefit from significant savings in recruitment hours, faster offer rollouts, and reduced hiring costs. BarRaiser claims to save 33% of recruitment hours, 75 minutes per screening, and $4,000 per hire, while also speeding up offer rollouts by 17%.

In summary, BarRaiser is an innovative AI-powered video interview platform that helps businesses conduct efficient, unbiased, and structured interviews. It serves a wide range of clients in the HR technology market and operates on a subscription-based business model, generating revenue through its comprehensive suite of interview intelligence tools.

Keywords: AI-powered, video interviews, recruitment, unbiased, structured interviews, HR technology, SaaS, efficiency, hiring decisions, integration.