AINA has raised USD $1 million in seed funding from a non-public angel investor as it rolls out an AI-based hiring platform aimed at recruiters and job candidates.
The company, which is based in Limassol, Cyprus, said the funding will go towards product development across recruiting, applicant screening, analytics and candidate coaching.
AINA positions its platform as a response to rising volumes of AI-generated job applications and growing use of automation by recruiters. The company said these trends have increased the risk of poor matches and delayed decisions, even as employers face high application volumes per recruiter.
AINA said a single poor hire can cost up to 30% of an employee's first-year salary once recruitment, onboarding, lost productivity and re-hiring costs are included. It also said candidates increasingly use AI tools for career guidance, while still struggling with application and interview processes.
Platform scope
AINA described its product as an integrated platform that covers employer workflows and candidate preparation. On the employer side, the company said the system automates repetitive tasks and screens candidates. It also produces analytics and insights for recruiters and hiring managers.
AINA also includes an applicant tracking system and AI interviewing tools in a single flow, according to the company. It said its explainable AI shows the reasoning behind assessments.
On the candidate side, AINA offers an AI Career Coach. The company said the coach creates career roadmaps, suggests roles based on skills and runs interview simulations.
AINA also linked its positioning to workforce pressures inside HR teams. The company cited a figure of 63% of HR professionals experiencing burnout. It said its AI recruiter handles early-stage work, with HR teams focusing on final decisions and later-stage interactions.
Claims and metrics
AINA said it has conducted more than 2,000 interviews and helped fill more than 300 roles. It said it has seen a 100% success rate on probation completion in more than 300 cases. The company said it has not seen candidates terminated due to role mismatches in those cases.
AINA also said clients have saved more than USD $600,000 in hiring costs and achieved up to an 80% reduction in time-to-hire. It did not disclose the time period for these figures or how it calculated them.
Market backdrop
AINA enters a market where employers and applicants both use AI tools, often at scale. Companies increasingly rely on automation for job descriptions, screening and initial conversations, while candidates use tools such as ChatGPT for CVs, cover letters and interview preparation.
AINA also pointed to growth expectations for AI in HR. The company cited a projection that the global artificial intelligence in HR market will rise from USD $8.16 billion in 2025 to about USD $30.77 billion by 2034, with a compound annual growth rate of 15.94%.
Product approach
AINA said its AI recruiter evaluates candidates in real time and adapts to responses rather than following scripts. It also said the system operates without unconscious bias and described it as "unbiased, non-judgmental, and virtually unhackable". The company did not provide technical detail on how it tests for bias or security in the system.
The company said it will use the new funding to expand work across its hiring ecosystem. That work includes recruiting tools, screening functions, analytics and candidate coaching features.
"We've already conducted over 2,000 interviews and helped close over 300 roles. Our tech clients are filling niche positions in hours or days: for example, a Senior Java Developer in two hours, a Tech Artist in two days, a Project Manager in 3 hours, and a User Acquisition Lead in 3 hours. 40% of our new clients come from referrals, which speaks volumes about the value we're able to deliver for IT businesses," said Mikhnovets.