Elastyc is an AI-driven platform that automates candidate grading and sourcing, enabling recruiting teams to evaluate applicants in minutes and generate customized scorecards. By providing daily reports and insights, Elastyc significantly reduces the time-to-hire while allowing recruiters to maintain control over the hiring process.
Funding
Funding not disclosed
Founders
Product
Problem
Recruiting teams face challenges in efficiently screening and evaluating large volumes of job applicants, leading to increased time-to-hire and potential oversight of qualified candidates. Manually grading applicants and sourcing prospects is time-consuming and can be prone to inconsistencies.
Solution
Elastyc is an AI-powered platform designed to automate candidate grading and sourcing, enabling recruiters to quickly assess applicants and generate customized scorecards. The platform analyzes incoming applications, matches job seekers to relevant positions, and provides daily reports highlighting top candidates. By leveraging AI, Elastyc streamlines the screening process, allowing recruiters to focus on engaging with the most promising individuals while maintaining control over the hiring workflow. The system also facilitates candidate rediscovery, re-engaging with previous applicants when a strong match arises.
Target Audience
Elastyc primarily targets recruiting teams and HR departments within companies of various sizes seeking to improve their time-to-hire and streamline candidate evaluation processes.
Features
- AI-driven applicant grading for efficient job-seeker matching
- Daily reports detailing the status of each open position and highlighting top candidates
- Candidate rediscovery feature to re-engage with previous candidates
- AI-powered sourcing of outsourced prospects based on job description requirements
- Customizable reports and dashboards for real-time insights and adjustments
- Candidate tracking with ranking based on job fit and single-click status updates
- Two-way ATS integrations