German online job marketplace StepStone has acquired the San Francisco based, multiple award-winning conversational AI (artificial intelligence) technology Mya. With the help of Mya, StepStone will introduce an innovative approach to engage with job seekers and to support them to find the right job. On top of just searching for jobs, StepStone will allow its users to engage in detailed conversations about their preferences, skills and interests.
The new technology will become part of StepStone’s Autonomous Matchingtm platform. Based on machine learning, conversational AI will enable job seekers to find matching job opportunities even without actively searching for them. The technology draws conclusions from talking to the candidate and then suggests suitable jobs via text message, WhatsApp or onsite chat. StepStone customers will benefit from improved matching and higher quality of hiring. Engaging with job seekers based on conversational AI will first be integrated in StepStone’s job marketplaces in English and German language.
“Today, online job search still relies on job seekers typing in job titles and locations. As a result, many people do not find the right job. In the future, conversational AI will help us to have meaningful interactions with our users and to find out what really matters to them”, said StepStone CEO Dr. Sebastian Dettmers. „Our goal is to fundamentally change how jobseekers discover their full range of opportunities.”
Mya Systems was founded in 2012 by Eyal Grayevsky and James Maddox with the goal of simplifying hiring processes. The San Francisco, US-based company has since developed one of the most advanced conversational technologies, which is now used in recruitment processes all over the world. Along with the conversational technology, the full engineering and developer team including the two founders will now become part of StepStone Group. „With StepStone, we see the potential to increase the number of matching job applications for companies significantly,“ said Eyal Grayevsky, founder and CEO at Mya. „We look forward to becoming part of one of the most successful online recruiting companies in the world. StepStone is a pioneer in autonomous matching and just the right platform to scale and further develop our technology.“
In 2020 Recruitmenttech.com spoke with Eyal Grayevsky at the Unleash event in Amsterdam about MYA: