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ForteAI’s smart resume service revolutionises the job search and recruitment experience – € 90,000 in growth funding, presentation at Slush 2023

ForteAI_ smart_resume_service_revolutionises_the_job_search_and_recruitment_media_release_Business_Joensuu

Joensuu-based ForteAI fully automates resumes and streamlines job searches through artificial intelligence and machine learning. ForteAI transforms resumes into artificial intelligence agents that provide career advice, represent talent in the job market and work with other profiles on the platform. The growth company received a total of € 90,000 in new funding from Start Up Fund Joensuu and the North Karelia Growth Fund. The company will present its first prototype at the Slush event in late November and early December.  

ForteAI is launching a new artificial intelligence-based ecosystem that transforms traditional resumes into artificial intelligence agents. On the platform, the AI agents of individuals and companies cooperate, negotiating and reaching agreements with each other. Forte’s profiles are dynamic, which means that they are updated continuously. The profiles are integrated with third-party platforms from which information is collected continuously. This streamlines the job search and recruitment processes as the platform immediately identifies suitable applicants, writes job applications for them and updates their resumes automatically. 

ForteAI makes strong use of artificial intelligence and machine learning. It is a completely new type of service on the market. Forte profiles are also meant to replace old-fashioned and static PDF resumes. 

- Our mission is to reach a point where no one needs to write a resume or browse job postings any more, says Jan Valkonen, ForteAI’s CEO. 

The company is still in its early stages. Start Up Fund Joensuu and the North Karelia Growth Fund funded the development of the first product version with a total of € 90,000. 

- This funding has been used to accelerate development. We will start a new funding round at the Slush event, where we will present the first prototype of the platform, says Valkonen. 

Start Up Fund Joensuu's manager Kari Pulkkinen sees a lot of potential in ForteAI's business operations. The fund seeks to identify these kinds of companies and find ways to be involved in building up their total funding. Pulkkinen also mentions the ForteAI team, which has strong IT, software and artificial intelligence expertise acquired over several years.

- This is a winning team, and it’s good to get on board with them. The market is also large. We look forward to seeing where ForteAI’s path leads and how the company's growth takes off, Pulkkinen says.

Picture: ForteAI Oy

Inquiries:
Jan Valkonen
CEO, ForteAI Oy
jan@forte.so, +358 4018 87503

Kari Pulkkinen
Fund Manager & Growth Coach, Business Joensuu
kari.pulkkinen@businessjoensuu.fi, +358 50 4068716

ForteAI
ForteAI is a Finnish startup founded in 2023. The company is the developer of an AI Resume Ecosystem (Forte), which leverages artificial intelligence and machine learning. ForteAI’s platform transforms static resumes into dynamic skill profiles with intelligence and proactivity. The ecosystem is an advanced, many-to-many network of seamlessly collaborating AI agents that interact together, enabling an unseen level of automation and efficiency for both job seekers and employers.

Start Up Fund Joensuu
Start Up Fund Joensuu helps start-up companies grow, employ and internationalise. The fund obtains its capital from the City of Joensuu and private investors. The fund is managed by Joensuun Startup Kehitys Oy, a subsidiary of Business Joensuu. The fund's capital is € 2.5 million, and a typical investment is € 50,000–200,000. Together with Business Joensuu's Business Accelerator and internationalisation services, the Fund supports the domestic and international growth of its target companies. The fund is an avenue for companies’ second phase funding round. While the fund is not subject to any field-specific restrictions, its main focus is on companies that specialise in digitalisation, the forest bioeconomy, and materials and innovative technology. Target companies must operate in Joensuu, want to be located in Joensuu or have a connection with the Joensuu region at the operative activity level.

Redstone as a company
Redstone is a Berlin venture capital company that manages a large number of venture capital funds. Redstone is a general partner of the North Karelia Growth Fund. The North Karelia Growth Fund invests in newly established young companies, especially in the fields of digitalisation, forestry, bioeconomy, photonics, tourism, creative industries and materials research.

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