WeCruitr Podcast

Mahe Bayireddi (CEO), Phenom: Billion-Dollar Unicorn And Artificial Intelligence Career-Tech Startup


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Billion-Dollar Unicorn And Artificial Intelligence Career-Tech Startup Is Improving The Job Search Experience
In this tight, hot labor market, artificial intelligence is gaining attention as a compelling and effective way to improve the hiring process. Phenom, an Ambler, Pennsylvania-based company, effectively uses artificial intelligence to automate tasks and personalize job searches.
Usually disruptive tech companies are found in Silicon Valley or major tech hubs. Phenom, based in a small town outside of Philadelphia, the startup has quietly become a billion-dollar unicorn.
Phenom CEO Mahe Bayireddi said that his company relies upon AI to match people with the right jobs. This is achieved by helping companies find on-target talent at their companies and promoting them internally. Bayireddi says that his AI enables recruiters to find the right fits faster and job seekers searching for a new opportunity to find appropriate roles without wasting a lot of time. His goal is to find jobs for over one billion people.
Instead of having one platform, its software is embedded into an array of job sites with some of the best and largest companies in the world. The career-tech company has 300 million users and one million jobs posted in 130 countries. With millions of pieces of data, Phenom is able to predict and guide job seekers to the roles that fit their background.
Bayireddi spoke about the current job market, stating that the Great Resignation is a movement that shows the shifting demands and expectations of workers. Employees are in pursuit of greater job flexibility and the desire to feel valued and appreciated.
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