Tech1M
Category: AI in HR & Talent
An AI-powered recruitment automation and skill assessment software to help businesses evaluate, hire, and pay global talent. Tech1M was founded in 2022. The company is led by Tommie Edwards. Based in London, England, United Kingdom. Team size: 11-50. Total funding raised: $771K. Latest round: Pre-Seed, $751K, 2024-07, led by SFC Capital. Key investors include SFC Capital, Techstars.
- Founded
- 2022
- Headquarters
- London, England, United Kingdom
- Team size
- 11-50
- Total funding
- $771K
Value proposition
To provide an all-in-one platform that streamlines the entire recruitment lifecycle, from talent evaluation and hiring to cross-border payments, using AI.
Products and solutions
Recruitment Automation Platform, AI-driven Skill Assessment, AI Matching, Video Hiring Tools, Global Talent Payment Solutions
Unique value
Tech1M integrates AI-powered talent evaluation, recruitment automation, and global payment capabilities into a single, unified platform, enabling businesses to seamlessly hire and pay talent in over 120 countries.
Target customer
Businesses and hiring managers looking to hire and manage talent on a global scale.
Industries served
Technology, Human Resources, Software Development
Technology advantage
The company's core advantage is its AI-driven engine that acts as a co-pilot for hiring managers, automating the evaluation process and providing data-backed insights to ensure quality hires.
How they differentiate
Tech1M differentiates itself by leveraging AI for recruitment automation and skill assessment, ESG-compliant hiring, and providing AI-powered recommendations to identify qualified candidates. Their platform is designed for businesses of all sizes and focuses on multi-channel recruitment, robust candidate evaluation systems, and seamless team collaboration to expedite the hiring process.
Main competitors
Phenom, SmartRecruiters, HireVue
Key partnerships
Techstars, SFC Capital, Technation, Barclays Eagle Labs, HSBC Innovation Banking, Foundervine, GrowLondon Global
Notable customers
Not publicly available
Major milestones
Accepted into Techstars London Accelerator (2023), Secured £581K in Pre-Seed funding
Growth metrics
Not publicly available
Market positioning
Tech1M is positioned as a recruitment intelligence platform that uses AI to simplify global talent acquisition. It aims to make hiring three times faster than traditional methods by focusing on attracting, evaluating, and hiring top talent efficiently.
Geographic focus
Based in London with initial focus on the UK/Europe and international ambitions via global programs like Techstars.
Patents and IP
No public patents found.
About Tommie Edwards
Serial entrepreneur with a background in software development and talent outsourcing. Founder of Tedbree and current Co-Founder & CEO of Tech1M.
Official website: https://www.tech1m.ai/