Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Pin, an artificial intelligence-powered recruitment platform that automates candidate sourcing and engagement, announced today it has raised $3 million in seed funding led by Expa Ventures to accelerate its product development and market expansion.The New York-based startup, which launched just 40 days ago, claims to dramatically reduce the time-to-hire through AI models that can precisely match candidates to job requirements. Pin has already signed over 600 customers nationwide, with 300 new customers added since its October launch.“LinkedIn searches typically accept maybe 10 to 11 out of 25 candidates provided. That’s really low – you’re wasting a lot of time looking through resumes,” said Steven Lu, Pin’s CEO and co-founder, in an exclusive interview with VentureBeat. “We’ve built our own foundational models to read every resume out there on the web and enable searching for very exact and precise things.”Unlike existing AI recruitment tools that screen pre-filtered candidate pools, Pin analyzes over 100 million profiles simultaneously to achieve what Lu claims is an unprecedented 70% candidate acceptance rate into hiring pipelines

Libby Leffler founded First, a TurboTax for prenups for millennials and Gen Z.