*NEWS: Job Matching Startup Seeks $3 Million in Series A Round
Finding a job should be based on merit – not gender, skin color, or socio-economic background, according to the founder of a local startup.
Ladan Davia founded Beeya with the goal of eliminating bias from job searches. It’s a meta-search engine for job seekers that uses AI. She’s seeking $3 million in a Series A round.
Beeya, with HQ in Newport Beach, has received $200,000 from one investor to date. She launched the company in early 2017.
Prior to that, she co-founded Excelerate Test Prep in 2014. The founders sold the company in 2016 for an undisclosed amount. The experience of starting that company gave her the skills she needed to learn about the tech industry, and being an entrepreneur in general, she said.
Beeya launched an affiliate program in August to get revenue by driving traffic to its partners’ websites. Partners include Indeed and ZipRecruiter. The company also licenses the proprietary
matching algorithm directly to big companies for their own internal hiring systems, according to news reports.
Differentiating Itself From the Competition
Competition includes Leap.ai. Beeya differentiates itself by not matching off of key words. which are “usually always false,” Davia said. “Just because you have the word ‘computer’ in your resume, doesn’t mean you want to work in computers.”
Beeya also filters through repeat and old listings to keep the listings fresh. “This is important because different job sites all share the same jobs and don’t delete old inventory,” she said.