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Monday, January 24, 2022

Estonian HR tech startup VideoCV raises €410,000 pre-seed investment round

VideoCV, a startup offering simple, transparent, and personality-based hiring solutions, said it has raised 410,000 euros in the pre-seed investment round from Zenith Family Office, EstBAN, Startup Wise Guys and several other investors to enter new markets and further develop its product.

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VideoCV is an Estonian-based B2B start-up, offering an AI-powered video screening tool to screen and manage candidates within teams, saving time and offering a simplified solution to recruit remotely, while understanding people’s personalities at the first stage of the process.

VideoCV has replaced traditional cover letters with short asynchronous “Cover Videos”, “ moving the personality, character, and motivation to the very beginning of the recruiting process.’’

Hans Kristjan Velling, cofounder of VideoCV

’What really counts for organizations is individual personality, character, and motivation for a specific job. The traditional recruiting process unveils these elements only at the very late process stage, during a personal interview,” Velling said in a statement.

VideoCV’s customers include large corporations like Sportland, Ericsson, and government agencies among others.

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Tarmo Virki
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