San Francisco based AI GoodTime secured $9.5 Million in Series A funding round

GoodTime, a San Francisco based AI powered interview scheduling, and hiring experience solution provider has now secured $9.5 million to its Series A funding.

GoodTime is founded by Ahryun Moon. The AI startup offers an Artificial Intelligence-based HR Tech solution that can help advance diversity, equity, and inclusion initiatives. The AI powered interview solution offers a way to measure and manage the diversity, equity, and inclusion process for interview scheduling.

The AI startup has raised a total of $16.7 Million to date in five funding rounds.

Ahryun Moon, co-founder and CEO, said, "A meeting is a way for people to get together, collaborate with each other, and forge valuable relationships that last. GoodTime is the solution that enables companies to personalize the hiring process and improve each candidate’s experience."

Hyesung Kim, Investment Manager at KTB Network, said, "We were excited about the prospect of creating a meeting platform where you have exactly the right people to discuss the right thing to move the needle. Meeting coordination has been unintelligent and focused on calendar tetrising at best. GoodTime uses people data to always put the right people into each meeting which is an absolute necessity for the future of work. Also, the caliber of customers that GoodTime works with, such as Dropbox, Box, Zoom, Slack, Pinterest, Stripe, Atlassian, Snapchat and more, impressed us as to how much this product is needed in the market."

The KTB Ventures led the latest Series A funding round. Other participating investors include Atinum and Smilegate Investment. GoodTime claims to save time-to-hire by 50 percent and savings up to $500,000 per year in talent acquisition costs.

The company, as of now, has plans to use the new funds to accelerate innovation for hiring/candidate experience solutions as well as to speed up go-to-market growth in a wide range of industries, notes the announcement.