A Boston startup is building a system that it hopes will help both professional recruiters and people looking to cash in on their professional networks by matching employers with prospective workers.
The company, Scout Exchange, believes the idea is big enough to revolutionize a global recruiting market it pegs at $500 billion. John Chuang, who conceived the idea for Scout Exchange in 2012, and other investors are putting $100 million into Scout Exchange through their investment firm TRI Ventures.
Scout Exchange says it uses artificial intelligence software to connect employers to recruiters who have expertise in hiring people in a particular field. "We have tons and tons of companies with employment hiring needs, and we have tons and tons of recruiters with the ability to solve that problem," Chuang says. "The vision here is to build a platform between."
From The Boston Globe
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