Meet Mya: AI That Facilitates New Jobs Instead of Stealing Them
We are excited to announce Emergence Capital’s investment in Mya Systems, creator of the AI-recruiter Mya. Mya is an intelligent assistant that uses conversational AI to transform the application and hiring experience for candidates and recruiters. Less than one year from launch, Mya has captured the industry’s attention with incredible customer growth and user engagement. The Company has positioned itself as the early market leader with A-list early customers including three of the world’s largest recruiting agencies and several Fortune 500 companies.
Our Mya investment is a direct result of our coaching cloud thesis. We believe machine learning can augment enterprise functions through learning loops on unique data. Mya has already facilitated millions of applicant conversations which power a proprietary data set. Each conversation and the resulting outcome continually improves Mya’s machine learning and natural language processing models which further augment Mya’s ability to support applicants and recruiters.
As we learned more about Mya’s mission, we realized the true potential of the Company. Mya is more than just cost and time savings for recruiters. Mya has the power to help people find jobs that are a better fit for them, and we believe this will increase employee happiness and retention. Mya can reduce frictional unemployment by helping people find jobs faster, and we believe this can impact families, communities and economies. Ultimately, we believe Mya will forever change the way applicants match with employers, and we at Emergence support entrepreneurs with this type of world changing vision.
Eyal Grayevsky (CEO) and James Maddox (CTO) have attracted a unique blend of experienced SaaS veterans like Eric LaBadie (VP Sales) and Jay Murphy (VP Customer Success) along with cutting edge technologists in machine learning and natural language processing. As we spent more time with the team, we became more excited that this is the right core team that can revolutionize the recruiting world.
At Emergence Capital, we aspire to be the most important partner to entrepreneurs who share our passion for transforming the way business works. Mya is one of those truly exceptional opportunities, and we are so proud to work with Eyal, James and the entire Mya team to help achieve their vision.
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