https://techcrunch.com/2022/12/07/hunt-club-injects-ai-and-a-network-of-experts-into-the-recruitment-process/

Hunt Club, a senior talent recruiting platform powered by AI, today announced that it raised $40 million in a Series B round co-led by WestCap and Sator Grove. In an interview with TechCrunch, CEO Nick Cromydas said that the new capital will be put toward further developing the platform while growing Hunt Club’s national footprint.

Before starting Hunt Club, Cromydas ran New Coast Ventures, a venture studio headquartered in Chicago. While there, a friend of Cromydas’s — an executive recruiter — complained to Cromydas about challenges in the recruiting industry. After investigating the field, Cromydas says he noticed a trend of company founders allocating an outsized chunk of capital to hiring leadership talent — often with software that simply wasn’t up to the task.