Candix funding news – Paris-based Candix Raises €185k in Funding

The current AI gold rush is causing many big tech engineers to secretly desire to leave their high-paying jobs and gain more ownership and stakes by joining early-stage ventures. However, they cannot openly express this desire as it may put their current roles at risk.

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Candix provides a platform where these engineers can share their aspirations confidentially, knowing that their data will remain private and away from the eyes of their current employers. On Candix, talent indicates their openness to new opportunities, and companies can make initial contact.

The platform ensures confidentiality through various measures, including requiring companies to sign an NDA for access to the talent pool, enforcing a single point of access per company, and closely monitoring activity on the app.

There is also a focus on training recruiters on handling sensitive data, an area in which the recruiting industry lags behind the health industry.

Theo Avoyne, Founder of Candix, said, “Hiring marketplaces have historically been hard to scale. In fact, there isn’t a single example of one that has succeeded. The most notable ones, such as Hired, grew significantly before shutting down. By not making confidentiality their absolute focus, these platforms attracted only talent who were comfortable having their data exposed, missing out on a wealth of great, employed talent who weren’t. As a result, they couldn’t effectively compete with agencies or in-house talent acquisition teams that tapped into this pool, who accumulated eight years of experience in this industry.​

Paul Vidal, angel investor, said, “Theo’s strength with Candix is automating a large part of the curation process, which is usually the bottleneck in hiring marketplaces. This is game-changing and will allow it to grow in verticals and locations when no other tool could,”.

Candix is committed to riding the wave of AI, supporting ambitious startups in surpassing established industry leaders, and empowering the brightest talent to pursue new opportunities.

About Candix

Candix connects you with exclusive developers who are so valuable that you'll need to sign a non-disclosure agreement (NDA) just to learn their names.