HireVue

Overview
News
Natural Language Processing Tools?
HR Tech?
Product stageSegments
Growth
?
Conversational AI and customer service automation
?

HireVue is a global leader in AI-powered hiring technology, offering video interviewing, assessments, and text-enabled recruiting solutions. Founded in 2007 in Salt Lake City, HireVue's platform has hosted over 70 million video interviews and 200 million chat-based candidate engagements for more than 1,150 customers worldwide, including over 60% of the Fortune 100 companies. The company's core product offerings include structured video interviews, AI-driven assessments, and text-based recruiting tools.

HireVue's technology aims to streamline the hiring process by allowing companies to conduct video interviews, either live or recorded, at any time of day. The platform uses artificial intelligence to assess candidates based on their responses to interview questions, analyzing factors such as problem-solving skills and communication abilities. This approach is designed to improve candidate quality, double the number of interviews and hires a company can make, while cutting the hiring time in half.

In October 2023, HireVue introduced a new category called "Human Potential Intelligence," which shifts the focus from traditional resume-based hiring to assessing candidates based on their skills and potential. As part of this initiative, the company launched the "Find My Fit" application, which uses AI to match job seekers with opportunities aligned to their skills, interests, and untapped potential. In May 2023, HireVue acquired Modern Hire, an intelligent hiring platform, further expanding its capabilities in assessment and end-to-end hiring automation.

HireVue has faced scrutiny over its use of AI in hiring processes. In January 2021, the company announced it had discontinued the use of facial analysis in its video assessments, following concerns about potential bias. The company now focuses primarily on analyzing the content of candidates' responses, which it claims contributes more significantly to predicting job performance.


Sources

Disclaimer: This company profile has been generated using data obtained through automated web searches and advanced generative AI technology. While we strive to ensure the accuracy and reliability of our sources, auto-generated information could be outdated or inaccurate and should be verified independently.
HQ location:
10876 South River Front Parkway Suite 500 South Jordan UT USA
Founded year:
2004
Employees:
251-500
IPO status:
Private
Total funding:
USD 93.0 mn
Last Funding:
USD 45.0 mn (Series E; Jun 2015)
Last valuation:
USD 175.0 mn (Oct 2013)
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