AI recruiting startup Alex raises $20M in funding to match the right talent with the right jobs using AI

Finding the right talent has always been a messy business. Companies sift through endless resumes, candidates wait weeks for feedback, and too often the best people never get noticed. Alex, a young AI recruiting startup, thinks it has the answer—and now it has fresh funding to scale its approach.

The company announced it has secured $20 million, split between a $17 million Series A led by Peak XV Partners and a $3 million seed round led by 1984 Ventures. Other backers include Y Combinator, Uncorrelated Ventures, and a handful of Fortune 500 CHROs. Well-known names in recruiting and venture capital—Tim Sackett, Kris Fredrickson, and Dalton Caldwell—are also on the list.

Alex pitches itself as an AI recruiting partner that takes the repetitive work off recruiters’ plates. Its platform runs video and phone interviews, screens resumes, schedules follow-ups, detects fraudulent candidates, captures structured notes, and syncs with applicant tracking systems. With more than 20 autonomous workflows, the software is meant to widen the funnel and surface qualified candidates who might otherwise be overlooked.

“In my 20 years in talent acquisition, I’ve worked with a ton of recruiting software and Alex is a game-changer,” said Tim Sackett, General Partner at HR Tech 100 Fund and a leading voice in the space. “Adopting the newest and best AI technologies isn’t a nice-to-have, it’s a necessity for top talent organizations, and Alex is leading the charge.”

From Screening to Fraud Detection, Alex’s AI Agents Free Recruiters to Do What They Do Best—Hire People

The pitch is simple: recruiters get to spend less time buried in admin work and more time building relationships with candidates and hiring managers. That, in turn, shortens hiring cycles and raises the odds of finding the right match.

In just a year and a half, Alex says it has been used by hundreds of companies for tens of thousands of jobs, including Fortune 100s, global banks, nationwide restaurant chains, and Big Four accounting firms. Investors point to the traction as a sign that recruiters are ready for AI-driven help.

“In the future, AI agents will run the entire recruiting process autonomously. It’s inevitable. Alex.com has incredible customer love and usage curves,” said Arnav Sahu, Partner at Peak XV Partners. “In the end-state, Alex could redefine how hiring is done across the entire labor market. We are excited to be a part of this journey with Aaron and John as they build a category-defining company.”

At its core, Alex is trying to make sure good candidates don’t get lost in the shuffle. By automating the work that slows recruiters down, it claims to give every applicant a fairer shot at being considered. For companies fighting to fill roles and for job seekers hoping to be seen, that mission might be as valuable as the funding itself.