Wade & Wendy is a platform using conversational artificial intelligence to automate and improve the hiring process across the board.
Wade & Wendy, a recruitment platform, was co-founded in 2015 in the Tandon School of Engineering’s Data Future Lab incubator at New York University. It offers two chatbots for the price of one: "Wendy," who handles recruiting, and "Wade," who offers timely career advice.
That two-sided approach nabbed the attention of investors, who contributed $7.6 million to the startup’s series A. Jazz Venture Partners led the fundraising, with participation from existing investors Randstad Innovation Fund, FF Venture Capital, and Indicator Ventures. The fresh capital brings Wade & Wendy’s total raised to $11.6 million, and comes after it signed a multiyear contract with talent firm Randstad Sourceright.
Wendy identifies prospective candidates from existing and outside talent pools, effectively working on behalf of hiring teams. Managers create assignments by supplying info about open roles and company hiring preferences, and the conversational AI coordinates next steps with qualified would-be employees (including screening Q&A sessions). It supplies information about the organization, role details, and more, and extracts and surfaces relevant details about them to hirers. Each interaction helps to improve the underlying machine learning algorithms, improving the quality of future matches. Meanwhile, Wade targets job candidates and employees with "tailored guidance" and feedback, drawing on a proprietary knowledge base of tech startups and Fortune 500 companies.