7 years ago

Intelligo Raises $6.8 Million to Automate Background Checks with AI

  • Intelligo, an Israeli startup using AI to revamp background checks, has raised $6.8 million in funding

  • The company aims to address the inefficiencies in the background check industry by automating the process and making it more comprehensive

  • Intelligo's platform can analyze thousands of data sources, including social media and news sites, providing more insightful reports than traditional manual methods

  • The startup also offers an ongoing monitoring product for the investment world, allowing funds to track portfolio companies and management teams.

      • ProblemTechnology

      "The current background check industry is slow, expensive and ineffective. This is because the process is manual and relies on human analysts to decide which data sources are worth parsing and adding to reports. This means that many important sources, such as social media pages and news sites, are left out of reports. This also means that background checks can take up to a week or longer, which is frustrating for both the company and the applicant."

      Solution

      "Intelligo uses AI and machine learning to automate the background check process. This allows Intelligo to look at all thousands of data sources without concern for how much manual labor it will take. The platform also provides reports in a user-friendly interactive dashboard, which is a stark contrast to the dozens of typed pages that an old-school background check will be. This makes background checks faster, more comprehensive and more affordable."

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