Babblebots.ai, a Mumbai and India-based first-of-its-kind interview platform powered by GPT-3 and Speech AI, raised an undisclosed amount in pre-seed funding.
The investment was from Rakesh Mathur (Founder/Chairman Gupshup, and Founder Junglee acq. by Amazon), Rishi Deshpande (Founder/CTO of Chalo, acq. by Booking), and a few HNIs.
The funds will be used to continue investing in a product-led growth model and further develop the AI/ML capabilities to deepen its technical differentiation.
Since its beta launch in Q3 2022, the company’s AI-Recruiters have conducted thousands of interviews for trial partners and customers. These include enterprises like Mahindra Holidays (travel), LG Soft (electronics), Great Learning (Ed-tech), Paramount TPA (insurance), public institutes like IIT Bombay, and fast-growing startups like SustLabs and Oorjan.
It's AI recruiters can evaluate communication skills (e.g. English-speaking skills, energy level) using proprietary deep-learning AI models. It can also evaluate technical skills and domain knowledge, by processing long-form conversations itself, thus going beyond traditional multiple-choice and coding challenges.
Company: Babblebots, Inc.
Raised: Undisclosed
Round: pre-Seed Round
Funding Month: February 2023
Lead Investors: Rakesh Mathur and Rishi Deshpande
Additional Investors:
Company Website: https://www.babblebots.ai/
Software Category: AI Interview
About the Company: Founded in 2022 by Roli Gupta and a team of IIT Bombay Computer Science graduates, Babblebots.ai is an AI, voice-based platform that leverages speech and language understanding to tackle long-form conversations and create near-human conversational voice bots. Babblebots.ai is revolutionizing the recruitment and talent acquisition industry with its AI-Recruiters. Under the hood, Babblebots uses state-of-the-art voice technology, and conversational intelligence using proprietary AI algorithms and GPT-3 interview and assess candidates for technical and non-technical roles. The AI recruiters conduct near-human-like interviews using long-form Form Conversation voice bots in 20+ languages and are fully customizable for job roles, questions, and company branding. This reduces hours spent in scheduling, and the number of interview rounds, thus increasing the speed of hiring.
Source: https://www.indianweb2.com/2023/02/gpt-3-and-seech-ai-powered-babblebotsai.html