The recruitment technology platform Hackajob has recently announced that its AI recruitment agent, Archer, has reached $1 million in revenue. What is even more astonishing is that the product achieved this annual recurring revenue in only 90 days. This is the fastest-growing AI product in the history of recruitment. As a result, the company is now extending the product to encompass all knowledge worker roles around the globe. This is in response to a trust crisis that exists globally. Where employers are faced with huge numbers of poor-quality applications.
“The hiring industry is stuck in a cycle of diminishing trust. Archer exists to break that cycle. In 90 days, we’ve shown that when you fix relevancy at source, the economics of hiring change completely. We’re now bringing that to every role, not just tech,” said Mark Chaffey, CEO at hackajob.
How Archer Is Transforming Hiring Workflows
Archer operates in a unique manner by prequalifying candidates even before they are registered in an employer’s tracking system. In particular, it checks identities and filters candidates to guarantee that only the best and brightest are selected to proceed. This proactive strategy has already resulted in more than 35,000 successful connections for its major enterprise clients. Moreover, the system is fully integrated with the existing technology infrastructure in only 48 hours. This new development represents a new era for the London company, which initially started out as a technical recruitment firm. In addition, Archer has already prevented more than 1,500 fraudulent candidates from proceeding with its initial launch. In particular, Hackajob enables lean recruitment teams to accomplish more with less by relying on verified data. Finally, this new development cements Hackajob’s status as a major leader in the autonomous agentic AI industry.
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News Source: PRNewswire.com
