Textio uses artificial intelligence to analyze job postings as people write them out or edit them, and highlights particular words that could help or hinder the search in an attempt to attract a more diverse applicant pool. Disruptor50
Funding: $29.5 millionKey technologies: Artificial intelligence, cloud computing, deep neural networks/deep learning, machine learningWith tech companies on the hot seat for not hiring enough women, and companies in general striving to increase diversity, there had to be a better way to write job descriptions so that a wider pool of talent would apply.
Today the company has more than 100 employees. It raised nearly $30 million from investors such as Bloomberg Beta, Scale Venture Partners and Emergence Capital. Its customers include Cisco, IBM, Twitter, McDonald's, Dropbox and CVS.
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