Pin, an AI-powered recruitment platform that automates hiring tasks and accelerates time-to-hire by up to 70%, has officially launched with $3 million in seed funding. The round was led by Expa Ventures, with participation from over 600 customers who have already adopted Pin’s technology. The funding will drive product development, marketing expansion, and team growth to meet rising demand fueled by early customer success.
Addressing Inefficiencies in the $500 Billion Recruitment Market
The recruitment industry faces increasing pressure to deliver faster and more effective hiring solutions. Lengthy hiring processes hinder growth, with nearly half of companies expressing dissatisfaction with recruitment timelines and only 56% rating their methods as effective. Pin tackles these challenges with its AI-driven automation that streamlines sourcing, outreach, candidate nurturing, and scheduling. Acting as a Google-like search engine for hiring, Pin enables recruiters to focus on building relationships and securing top hires rather than navigating inefficiencies.
Steven Lu, CEO and co-founder of Pin, explained the platform’s mission: “The hiring process is frustrating for companies due to inefficiencies and tedious tasks. Pin frees recruiters to focus on relationships and hires, delivering results ten times faster than traditional methods.”
Transforming the Hiring Process
Pin boasts significant improvements over traditional recruitment practices:
- Sourcing: Cuts candidate identification time from 4–10 days to immediate results.
- Engagement: Automates personalized email outreach, eliminating 1–3 days of manual effort.
- Nurturing: Ensures instant follow-ups, reducing response times from 4–10 hours.
- Scheduling: Automates meeting arrangements, saving 1–2 hours per candidate.
The platform delivers unmatched efficiency, with 70% of recommended candidates entering hiring pipelines and reducing average time-to-fill from 44 days to just two weeks. Fahad Hassan, CEO and co-founder of Range, lauded Pin’s effectiveness: “Within two weeks, we hired critical roles using Pin. Its speed and accuracy are unmatched.”
Driving Adoption and Growth
Pin’s platform has gained traction rapidly, signing over 300 new customers in the past 40 days and quadrupling revenue within the same period. With advanced analytics and a flexible pricing model, Pin ensures accessibility for organizations of all sizes while providing insights into hire quality, diversity metrics, and recruitment efficiency.
Backed by Industry Leaders
Expa Ventures partner Milun Tesovic highlighted Pin’s potential: “Pin addresses critical pain points in recruitment by automating fundamental tasks. We’re thrilled to support their vision to transform hiring processes across industries.”
Built by a team with nearly a decade of recruiting expertise, including the creators of Interseller, Pin’s latest updates include refined candidate targeting, LinkedIn InMail integration, and enhanced dashboard features. The platform’s commitment to security is evidenced by its SOC 2 Type 1 compliance certification.
Looking Ahead
With the new funding, Pin plans to expand its team, enhance platform features, and accelerate customer adoption. The company aims to redefine recruitment efficiency and maintain high-quality candidate interactions, driving meaningful change across the industry.
