Fetcher.ai nabs $6.5M to match employees with open roles using AI

Fetcher.ai, a recruitment platform that combines AI with human teams, today announced it has raised $6.5 million in a round led by G20 Ventures. The company, whose latest funding round brings its total to $12 million, says the funds will be used to expand the size of its workforce. In 2020, talent shortages in the U.S. rose to historic levels, with 69% of employers reporting having difficulty filling jobs, according to a ManPowerGroup survey. A report by the Society for Human Resource Management found that filling an open position costs employers an average of $4,129 and takes roughly 42 days. Fetcher was founded in 2014 as a consumer-centric messaging app called Caliber, which focused on professional networking.