27 artificial intelligence startups gathered at Google’s offices for an event in their honor, organized by the tech giant. These are the ventures that Google has selected to support a 4 million shekel fund established to advance AI in Israel. In addition to financial support, Google will support the companies through access to its experts in various fields.
“If it’s hard to run a company during wartime, it’s even harder for a startup. You have to keep developing in a wartime situation, when the world stops and your employees are missing. But we got through it, we succeeded and we registered two patents, even though our algorithm team was recruited,” entrepreneur Shira Scepter said in a speech on behalf of the startups selected by Google.
Scepter founded and runs Iverse, a startup specialized in applying artificial intelligence solutions to the talent market. The company’s product is a new system for improving the recruitment and selection process. The AI-based system was built and trained by conducting thousands of candidate screening interviews with occupational psychologists for hundreds of job roles in dozens of organizations across different sectors. The knowledge embedded within her allows her to analyze job seekers at the level of a human occupational psychologist, in natural, simple and clear language, during video interviews.
The system accurately analyses each candidate individually and at the end of the interview produces a comprehensive report on the candidates, ranking them according to their suitability for the position and their likelihood of success within the organization. In recent pilots, the system has shown very high accuracy and suitability results.
“The whole country, and we too, left everything to see where we were needed. I personally went to the Dead Sea to help the Zichron 710 Association with their great project – to save all WhatsApp messages that serve as evidence and are not deleted. Only later did we worry about the company, but this crisis actually made us grow. We learned that we are capable and there is nothing we can’t do alone,” Scepter said of the backing of major investor Firat.
Partners in the project, in addition to Scepter, are Professor Oded Maimon, one of Israeli academia’s foremost researchers in the field of artificial intelligence, and Zohar Maimon, Owner and Chairman of Firat Group, a leader and veteran in the Israeli labor and employee recruitment world.
“Google’s support is a key part. Sure, the financial grant is nice and it’s always good to get money, but the important thing here is the recognition. Being one of the 27 companies selected by Google as pioneering companies in the field of AI is a validation of our work. We look forward to opening doors and connections to contribute to the world and become the next unicorn.”
