Willo, a recruitment technology startup based in Boston, has secured $20 million in Series B funding led by Peter Bauer, the CEO of cybersecurity firm Mimecast. The funding round also included participation from existing investors such as Accomplice, G20 Ventures, and Alumni Ventures Group. Willo’s platform utilizes artificial intelligence (AI) to help companies identify and engage with potential job candidates more efficiently. The startup aims to address the challenges faced by recruiters in finding qualified candidates amidst a competitive job market. With the new funding, Willo plans to expand its team, enhance its AI capabilities, and further develop its platform to better serve its clients. The investment from Mimecast’s CEO highlights the growing interest in AI-powered recruitment solutions as companies seek to streamline their hiring processes and gain a competitive edge in attracting top talent.
Source: https://www.businessinsider.com/willo-recruitment-tech-startup-funding-mimecast-ceo-2024-9