Cavalry x Empion
Creating meaningful ‘work’-ationships!
Empion is here to change the recruiting game, focusing on matching employers and candidates based on skills as well as on company culture and values. We are thrilled to lead their EUR 6 million seed round. This funding is set to drive Empion’s mission of transforming the world of recruitment through cutting-edge AI technology.
Empion’s innovative approach to recruitment promises to benefit both employers and job seekers by focusing on cultural fit and skill alignment. Founded by Dr. Annika von Mutius and Dr. Larissa Leitner, who met during their Ph. D.s in mathematics and economics, Empion’s AI-powered algorithms have the potential to reshape the way companies find talent and how individuals find their dream jobs.
The Role of Cultural Fit in Recruitment
In today’s competitive job market, the significance of cultural fit cannot be overstated. Candidates increasingly seek roles in organisations where their values align with those of the company. On the flip side, companies recognise that finding candidates who fit, or enrich their unique culture is crucial for long-term success and reduced turnover.
Empion addresses a critical gap in traditional recruiting portals, where cultural fit and shared values often take a back seat. The result? Inefficient hiring processes, high employee turnover, and missed opportunities for both employers and candidates. As the workforce evolves, with Gen Z encountering numerous employers throughout their careers, it’s become clear that using AI in recruiting is not just a trend but a necessity.
Empion’s AI-Powered Impact
Empion’s unique approach to recruitment boasts substantial gains in efficiency and quality. By leveraging intelligent matching algorithms powered by AI, Empion is poised to redefine the recruitment landscape in the coming years. Their success stories speak volumes.
Take the case of international consulting firm Mazars, with around 47,000 employees worldwide. Empion’s AI-driven approach reduced the “time to hire” for a vacant audit consultant position from 22 days to just 9 days, thus cutting the cost per new hire by a staggering 40 per cent. The result? Not only a shorter hiring process but also a workforce that seamlessly integrates into the team, adding long-term value and lowering turnover rates.
Fresh Capital for Future Innovations
With the newly acquired EUR 6 million in seed funding, Empion is primed for further innovation. Their ambitious plans include expanding and enhancing their product architecture based on their proprietary research. This expansion will incorporate features that provide a more effective hiring experience, placing an even greater emphasis on quantifying company culture and values with pinpoint accuracy. Empion’s AI models will continue to evolve, powered by their vast and ever-growing dataset.
Empion’s success story is emblematic of the growing importance of AI in the recruitment landscape. With a focus on cultural fit and skill alignment, they bridge the gap between employers and candidates. The result is not just efficient hiring but also the creation of fulfilling ‘work’-ationships that benefit both sides.
As Empion continues to refine and expand its offerings, the future of recruitment looks brighter than ever. With AI-driven solutions, the path to finding the perfect match between employers and employees is becoming a reality, ushering in an era where the world of ‘work’ is more promising and rewarding than ever before.
