Perfect Raises $23M in Seed Funding to Tackle Recruitment Bottlenecks with Pioneering Agentic AI

Perfect leverages advanced AI to manage the laborious manual work involved with sourcing, interviewing and placing candidates, reducing time-to-hire by 75% and improving relevant candidate-to-company matches by 90%, empowering recruiters to focus on what matters most

TEL AVIV, Israel, Feb. 25, 2025 /PRNewswire/ -- Perfect, the leading agentic AI platform for recruitment, today announced it has raised $23M in total Seed funding, with the latest round led by Hanaco Ventures, with participation from Joule Ventures, and Samsung Electronics' former President, Young Sohn. This investment will underpin Perfect's AI development and fuel the journey to enhance the industry's leading Agentic AI recruiter.

Recruitment is a multi-billion dollar challenge, plagued by inefficiencies, skill shortages, and outdated manual processes. With 88% of HR leaders struggling to find the candidates they need and 77% of HR professionals citing skill shortages as a major issue, sourcing the right people at the right time can make or break a business. Perfect's AI-powered solution is the antidote to the challenges of modern recruitment. By automating the entire recruitment process, from candidate sourcing to interview scheduling, connecting the most well-suited candidates to the optimal role in seconds, Perfect saves recruiters up to 25 hours per week, allowing time to concentrate on other key parts of the job like relationship management, drastically improving candidate placement success rates.

"Our goal is not to replace humans but to make them superhuman," said Eylon Etshtein, CEO & Co-Founder of Perfect. "With unfilled roles costing businesses an average of $500 per day per vacancy, adopting faster and more accurate recruitment solutions is essential. Perfect is setting this standard. Recruiters can now offload tedious, repetitive tasks, freeing up their time to engage meaningfully with candidates and make smarter hiring decisions. This funding round enables Perfect to reinforce its commitment to a future workforce built on insightful recruitment, underpinned by state-of-the-art AI."

"In an industry desperate for true innovation, with both agencies and candidates victims of outdated, manual workflows or half-baked AI solutions, Perfect is utilizing proprietary data sets and integrating into industry-specific workflows to completely transform how recruitment operates, automating a vast majority of their customers' day-to-day tasks," said Lior Prosor, Partner at Hanaco Ventures. "Perfect's ability to deploy across every recruiter or business leader in the organization is extremely novel when compared to the traditional "seat-based" model we currently see. We are very encouraged by Perfect's initial success and look forward to the next phase in its continued growth."

Itai Goldich, Director Talent Acquisition at Optimove - a customer of Perfect, commented: "Perfect's AI has transformed our recruitment process. We've slashed manual tasks, reached the right candidates faster, and significantly enhanced pipeline quality. Perfect allows us to focus on valuable conversations and high-quality candidate matches, not tedious administrative work."

Perfect's non-human recruiter epitomizes the shift toward agentic AI. Rather than simply offering suggestions to recruiters, the platform autonomously handles the repetitive and time-consuming tasks that bog down recruitment teams. Perfect's AI is an active participant in the recruitment process, driving results with minimal human intervention.

Perfect simplifies the hiring process by combining advanced AI, automation, and strategic insights. Through its end-to-end automation, Perfect's solution analyzes job descriptions, matches candidates, conducts personalized outreach and performs interview scheduling. Its AI platform interrogates millions of candidate profiles to build career paths, giving recruiters precise insights into fit and potential trajectory. This is all done in a matter of seconds. Perfect also automates the outreach stage, which includes bespoke messages to candidates and the collection of pre-screening data based on role-specific questions. The platform automatically shortlists candidates and then provides an easy scheduling interface for interviews, reducing the manual back-and-forth. By evaluating candidates objectively based solely on skills and experience, Perfect promotes fairness, diversity, and inclusion in hiring.

Perfect is currently available in North America and select European markets, with plans to expand further into APAC by next year. The company is also planning the launch of an 'AI worker for recruitment teams,' a groundbreaking, non-human recruiter.

About Perfect

Perfect is the leading AI-powered platform for recruitment, automating end-to-end processes to deliver faster, smarter, and fairer hiring. Trusted by leading recruitment agencies, hiring managers, and businesses worldwide, Perfect empowers recruiters to focus on human connection while the AI handles the rest.

Learn more at www.goperfect.com

Media Contact
Gavin Horwich
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SOURCE Perfect