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Modern Hire

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uuid0007yzp

Namestring
Modern Hire
Legal namestring
Modern Hire
Websiteurl
modernhire.com
Company typeenum
Private
Founded yearint
2019
Descriptiontext

Modern Hire is a US-based provider of an AI-powered hiring platform that combines skills validation, intelligent interviewing, and talent engagement tooling into an end-to-end solution for enterprise customers. The platform is built around science-backed assessments grounded in industrial-organizational psychology, including Virtual Job Tryouts, game-based assessments, technical coding evaluations, and language proficiency tests, layered with AI-driven interviewing (AI Interviewer, AI Hiring Agent) and analytics (Interview Insights). It supports 40+ languages and exposes modality coverage across video, audio, and text.

The product is sold as an enterprise SaaS subscription with quote-based annual contracts, primarily through a consultative direct sales motion ("Request Demo" / "Book a Demo") supplemented by self-guided product tours and channel distribution through ATS integration partnerships with Workday, SAP, Oracle, and Smart Recruiters. Target customers span high-volume hourly hiring, professional hiring, campus recruiting, technical hiring, and internal mobility, with named enterprise wins across retail (Walmart, Burlington, TJX), manufacturing/industrial (Delta, General Mills, Schneider), consumer goods (Nestle, Keurig Dr Pepper, BP), financial services (Pacific Life), healthcare (CHOP), and utilities (Jemena/Zinfra).

Modern Hire was acquired by HireVue in May 2023; it no longer operates as an independent entity and its products are now integrated into HireVue's portfolio. The combined platform holds FedRAMP Moderate authorization, marketed as the only FedRAMP-authorized hiring solution, opening the US public sector as an addressable vertical. Pre-acquisition, Modern Hire had been PE-backed by Riverside Company (October 2017) and had itself acquired Sonru.com in July 2020 to add asynchronous video interviewing capability.

Short descriptiontext

Modern Hire provides an AI-powered enterprise hiring platform combining skills validation assessments, AI-driven interviewing, and talent engagement tools; it was acquired by HireVue in May 2023 and now operates as a subsidiary serving large organizations across industries.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
251–500
akta.pro rankint
HeadquartersCleveland, United States
HQ citystring
Cleveland
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
AI hiring platform, video interviewing software, skills assessment solutions, talent acquisition software, recruitment automation
Industry1 code
1Talent Acquisition (Recruiting) & Applicant Tracking (ATS)
CodeBPACAPADPrimaryYes
NAICS code1 code
  • Employment Services5613
SIC code1 code
  • Services-Prepackaged Software7372
Product category
AI Hiring / Talent Acquisition Software
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1Enterprise Hiring Platform Subscription
TypeSubscription Recurring
Description

Subscription-based SaaS model providing access to the full AI-powered hiring platform including assessments, video interviewing, and workflow automation. Pricing appears quote-based for enterprise contracts.

hirevue.com
Marketing channels7 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations
Pricing details1 tier
1Enterprise platform with full suite of hiring tools
ModelSubscriptionBilling cadenceAnnual
Notes

Quote-based enterprise pricing; no public price points available

hirevue.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Core offering1 text field

Modern Hire provides an enterprise AI-powered hiring platform that combines skills validation assessments, on-demand and live video interviewing, and automated workflow tools to help large organizations screen, interview, and select candidates at scale. The platform serves hourly, professional, technical, campus, and internal mobility hiring across industries including retail, financial services, public sector, healthcare, and manufacturing, and includes a FedRAMP-authorized environment for government hiring.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 7 values shown
  • 95% completion rate for Virtual Job Tryouts (Walmart)
+6 more records
Product overview1 text field

Modern Hire was acquired by HireVue in May 2023 and operates as part of HireVue's end-to-end AI-powered hiring platform. The unified platform consists of three core pillars: Skills Validation (Assessment Software, Assessment Builder, Virtual Job Tryout, Game-Based Assessments, Technical Assessments, Language Proficiency Tests), Intelligent Interviewing (AI Hiring Agent, AI Interviewer, Video Interviewing, Interview Insights), and Talent Engagement (Match and Apply, Workflow Automation, Interview Scheduling). The platform supports hiring across multiple use cases including Campus, Professional, Hourly, Technical, and Internal Mobility hiring, serving industries such as Financial Services, Public Sector, Hospitality, Retail, Industrial Manufacturing, Healthcare, Tech and Telecom, and RPO Staffing.

Product and service7 records
1AI Hiring Agent
CategoryIntelligent Interviewing / AI Agent
Description

AI-powered autonomous agent that handles hiring tasks and candidate interactions without requiring human intervention, automating portions of the hiring workflow.

2AI Interviewer
CategoryIntelligent Interviewing
Description

Conversational AI that conducts structured interviews with candidates, asking questions and evaluating responses automatically across video, audio, and text modalities.

3Video Interviewing
CategoryIntelligent Interviewing
Description

On-demand and live video interviewing platform supporting asynchronous and synchronous candidate interviews, with scheduling automation and ATS integration.

4Interview Insights
CategoryIntelligent Interviewing Analytics
Description

Analytics and AI-driven insights derived from interview data to help enterprise hiring teams make more consistent, evidence-based hiring decisions.

5Assessment Software
CategorySkills Validation / Assessment
Description

AI-powered assessment platform for validating candidate skills and predicting job performance, grounded in industrial-organizational psychology and data science.

6Match and Apply
CategoryTalent Engagement
Description

Talent engagement tool that matches candidates to suitable roles and facilitates application submission to streamline top-of-funnel candidate engagement.

7Interview Scheduling Software
CategoryWorkflow Automation / Talent Engagement
Description

Workflow automation software that schedules interviews, syncs with calendars, and eliminates manual coordination across hiring teams.

Scale indicator10 records

Each record includes

Type, Value, Description, Source

Partnership5 partners
Strategic tierFlagshipTypeOthersAnnounced on2023-05-01
Description

In May 2023, HireVue acquired Modern Hire to enhance its AI-driven hiring platform capabilities. Modern Hire's predictive hiring analytics and automated recruitment platform were integrated into HireVue's existing product suite.

Strategic tierCoreTypeTechnology or Integration
Description

Integration partnership enabling seamless connectivity between HireVue's hiring platform and Workday Recruiting. Allows mutual customers to maintain workflow continuity and data synchronization between systems.

Strategic tierCoreTypeTechnology or Integration
Description

Integration with SAP SuccessFactors enabling organizations using SAP for HCM to leverage HireVue's AI-powered hiring capabilities within their existing HR technology ecosystem.

Strategic tierCoreTypeTechnology or Integration
Description

Integration with Oracle HCM Cloud providing Oracle customers access to HireVue's assessment, video interviewing, and AI hiring solutions.

Strategic tierCoreTypeTechnology or Integration
Description

Strategic partnership and integration with Smart Recruiters, an enterprise recruiting platform, enabling joint customers to streamline hiring workflows.

Recent move5 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

HireVue is the parent company that acquired Modern Hire in May 2023; it offers AI-driven video interviewing, assessments, and workflow automation directly overlapping Modern Hire's product suite. As the closest functional overlap, it is the most comparable peer.

TypeDirect peer
Description

iCIMS is a leading enterprise talent acquisition platform offering ATS, candidate engagement, and CRM capabilities. It competes with Modern Hire for large-enterprise HR tech budgets and serves many of the same high-volume hourly and professional hiring use cases.

TypeDirect peer
Description

Eightfold AI provides an AI-powered talent intelligence platform covering recruiting, internal mobility, and skills matching. It directly competes in AI-driven skills validation and enterprise talent acquisition — Modern Hire's core use cases.

TypeDirect peer
Description

Phenom is an enterprise talent experience platform combining career sites, CRM, ATS, and AI interviewing/matching. It competes head-on with Modern Hire across high-volume hiring, campus recruiting, and internal mobility segments.

TypeBroad incumbent
Description

Workday's HCM suite includes Workday Recruiting, augmented by AI features (Workday Illuminate). As one of Modern Hire's largest integration partners and a broader incumbent, Workday both enables and threatens Modern Hire's market position.

TypeDirect peer
Description

Greenhouse is a leading ATS and recruiting optimization platform for mid-market and enterprise. It serves similar buyer personas (TA leaders) and increasingly competes with Modern Hire on structured hiring and AI-powered interview intelligence.

TypeDirect peer
Description

Harver offers pre-hire assessment, video interviewing, and AI-driven matching solutions for high-volume hiring. It directly competes with Modern Hire's Virtual Job Tryouts and game-based assessment products, especially in retail and hourly segments.

TypeDirect peer
Description

Smart Recruiters is an enterprise ATS with growing AI assessment and interview capabilities. As one of Modern Hire's named integration partners and an emerging ATS incumbent, it is both a channel partner and direct competitor.

TypeBroad incumbent
Description

SAP SuccessFactors Recruiting is part of SAP's broader HCM suite used by large enterprises. Like Workday, it is both an integration partner and a broad incumbent building native AI features that could displace Modern Hire's overlay.

TypeBroad incumbent
Description

LinkedIn Talent Solutions offers sourcing, recruiting, and learning products backed by the world's largest professional network. It is a broad incumbent that competes for enterprise TA spend and increasingly incorporates AI assessment and interview features.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks5 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers12 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment10 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration4 records

Each record includes

Title, Type, Description, Source

AI capability8 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles7 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Modern Hire

AI Hiring / Talent Acquisition Softwaremodernhire.com

Modern Hire provides an AI-powered enterprise hiring platform combining skills validation assessments, AI-driven interviewing, and talent engagement tools; it was acquired by HireVue in May 2023 and now operates as a subsidiary serving large organizations across industries.

What Modern Hire does

Modern Hire is a US-based provider of an AI-powered hiring platform that combines skills validation, intelligent interviewing, and talent engagement tooling into an end-to-end solution for enterprise customers. The platform is built around science-backed assessments grounded in industrial-organizational psychology, including Virtual Job Tryouts, game-based assessments, technical coding evaluations, and language proficiency tests, layered with AI-driven interviewing (AI Interviewer, AI Hiring Agent) and analytics (Interview Insights). It supports 40+ languages and exposes modality coverage across video, audio, and text.

The product is sold as an enterprise SaaS subscription with quote-based annual contracts, primarily through a consultative direct sales motion ("Request Demo" / "Book a Demo") supplemented by self-guided product tours and channel distribution through ATS integration partnerships with Workday, SAP, Oracle, and Smart Recruiters. Target customers span high-volume hourly hiring, professional hiring, campus recruiting, technical hiring, and internal mobility, with named enterprise wins across retail (Walmart, Burlington, TJX), manufacturing/industrial (Delta, General Mills, Schneider), consumer goods (Nestle, Keurig Dr Pepper, BP), financial services (Pacific Life), healthcare (CHOP), and utilities (Jemena/Zinfra).

Modern Hire was acquired by HireVue in May 2023; it no longer operates as an independent entity and its products are now integrated into HireVue's portfolio. The combined platform holds FedRAMP Moderate authorization, marketed as the only FedRAMP-authorized hiring solution, opening the US public sector as an addressable vertical. Pre-acquisition, Modern Hire had been PE-backed by Riverside Company (October 2017) and had itself acquired Sonru.com in July 2020 to add asynchronous video interviewing capability.

Modern Hire firmographics

Firmographics
Name
Modern Hire
Legal name
Modern Hire
Website
https://modernhire.com
Company type
Private
Founded year
2019
Operating status
Acquired
Headcount range
251–500 employees
Short description
Modern Hire provides an AI-powered enterprise hiring platform combining skills validation assessments, AI-driven interviewing, and talent engagement tools; it was acquired by HireVue in May 2023 and now operates as a subsidiary serving large organizations across industries.
Ownership category
akta.pro rank

Modern Hire industry classification

Industry
Product category
AI Hiring / Talent Acquisition Software
NAICS
Employment Services (5613)
SIC
Services-Prepackaged Software (7372)
akta.pro primary industry
Talent Acquisition (Recruiting) & Applicant Tracking (ATS) (BPACAPAD)

Keywords

  • AI hiring platform
  • Video interviewing software
  • Skills assessment solutions
  • Talent acquisition software
  • Recruitment automation

Where Modern Hire is headquartered

Location

Headquarters

HQ city
Cleveland
HQ country
United States
HQ region
North America

Markets served

Modern Hire business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Marketing or Sales, Infrastructure, Operations

Revenue model

  1. Enterprise Hiring Platform Subscription: Subscription-based SaaS model providing access to the full AI-powered hiring platform including assessments, video interviewing, and workflow automation. Pricing appears quote-based for enterprise contracts.

Pricing tiers

ModelBillingPrice
SubscriptionAnnualEnterprise platform with full suite of hiring tools

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Modern Hire product offering

Product offering

Core offering

Modern Hire provides an enterprise AI-powered hiring platform that combines skills validation assessments, on-demand and live video interviewing, and automated workflow tools to help large organizations screen, interview, and select candidates at scale. The platform serves hourly, professional, technical, campus, and internal mobility hiring across industries including retail, financial services, public sector, healthcare, and manufacturing, and includes a FedRAMP-authorized environment for government hiring.

Product overview

Modern Hire was acquired by HireVue in May 2023 and operates as part of HireVue's end-to-end AI-powered hiring platform. The unified platform consists of three core pillars: Skills Validation (Assessment Software, Assessment Builder, Virtual Job Tryout, Game-Based Assessments, Technical Assessments, Language Proficiency Tests), Intelligent Interviewing (AI Hiring Agent, AI Interviewer, Video Interviewing, Interview Insights), and Talent Engagement (Match and Apply, Workflow Automation, Interview Scheduling). The platform supports hiring across multiple use cases including Campus, Professional, Hourly, Technical, and Internal Mobility hiring, serving industries such as Financial Services, Public Sector, Hospitality, Retail, Industrial Manufacturing, Healthcare, Tech and Telecom, and RPO Staffing.

Differentiator

Problem solved

Functional benefit

Products and services

  • AI Hiring Agent AI-powered autonomous agent that handles hiring tasks and candidate interactions without requiring human intervention, automating portions of the hiring workflow.
  • AI Interviewer Conversational AI that conducts structured interviews with candidates, asking questions and evaluating responses automatically across video, audio, and text modalities.
  • Video Interviewing On-demand and live video interviewing platform supporting asynchronous and synchronous candidate interviews, with scheduling automation and ATS integration.
  • Interview Insights Analytics and AI-driven insights derived from interview data to help enterprise hiring teams make more consistent, evidence-based hiring decisions.
  • Assessment Software AI-powered assessment platform for validating candidate skills and predicting job performance, grounded in industrial-organizational psychology and data science.
  • Match and Apply Talent engagement tool that matches candidates to suitable roles and facilitates application submission to streamline top-of-funnel candidate engagement.
  • Interview Scheduling Software Workflow automation software that schedules interviews, syncs with calendars, and eliminates manual coordination across hiring teams.

Quantifiable outcome

  • 95% completion rate for Virtual Job Tryouts (Walmart)
  • +6 more outcomes

Companies that use Modern Hire

Customer profile

Named customers12 records

Segments10 records

Ideal customer profiles5 records

Modern Hire technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration4 records

AI capability8 records

Feature8 records

Modern Hire partnerships and signals

Strategic signal

Partnerships

Five partnerships are on record, tiered flagship and core.

  • HireVueflagshipOthers · 1 May 2023In May 2023, HireVue acquired Modern Hire to enhance its AI-driven hiring platform capabilities. Modern Hire's predictive hiring analytics and automated recruitment platform were integrated into HireVue's existing product suite.
  • WorkdaycoreTechnology or IntegrationIntegration partnership enabling seamless connectivity between HireVue's hiring platform and Workday Recruiting. Allows mutual customers to maintain workflow continuity and data synchronization between systems.
  • SAPcoreTechnology or IntegrationIntegration with SAP SuccessFactors enabling organizations using SAP for HCM to leverage HireVue's AI-powered hiring capabilities within their existing HR technology ecosystem.
  • OraclecoreTechnology or IntegrationIntegration with Oracle HCM Cloud providing Oracle customers access to HireVue's assessment, video interviewing, and AI hiring solutions.
  • Smart RecruiterscoreTechnology or IntegrationStrategic partnership and integration with Smart Recruiters, an enterprise recruiting platform, enabling joint customers to streamline hiring workflows.

Scale indicators10 records

Recent moves5 records

Expansion highlights5 records

Modern Hire competitors and assessment

Company assessment

Direct peers

  • HireVue: HireVue is the parent company that acquired Modern Hire in May 2023; it offers AI-driven video interviewing, assessments, and workflow automation directly overlapping Modern Hire's product suite. As the closest functional overlap, it is the most comparable peer.
  • iCIMS: iCIMS is a leading enterprise talent acquisition platform offering ATS, candidate engagement, and CRM capabilities. It competes with Modern Hire for large-enterprise HR tech budgets and serves many of the same high-volume hourly and professional hiring use cases.
  • Eightfold AI: Eightfold AI provides an AI-powered talent intelligence platform covering recruiting, internal mobility, and skills matching. It directly competes in AI-driven skills validation and enterprise talent acquisition — Modern Hire's core use cases.
  • Phenom: Phenom is an enterprise talent experience platform combining career sites, CRM, ATS, and AI interviewing/matching. It competes head-on with Modern Hire across high-volume hiring, campus recruiting, and internal mobility segments.
  • Greenhouse: Greenhouse is a leading ATS and recruiting optimization platform for mid-market and enterprise. It serves similar buyer personas (TA leaders) and increasingly competes with Modern Hire on structured hiring and AI-powered interview intelligence.
  • Harver (formerly Pymetrics): Harver offers pre-hire assessment, video interviewing, and AI-driven matching solutions for high-volume hiring. It directly competes with Modern Hire's Virtual Job Tryouts and game-based assessment products, especially in retail and hourly segments.
  • Smart Recruiters: Smart Recruiters is an enterprise ATS with growing AI assessment and interview capabilities. As one of Modern Hire's named integration partners and an emerging ATS incumbent, it is both a channel partner and direct competitor.

Broad incumbents

  • Workday Recruiting: Workday's HCM suite includes Workday Recruiting, augmented by AI features (Workday Illuminate). As one of Modern Hire's largest integration partners and a broader incumbent, Workday both enables and threatens Modern Hire's market position.
  • SAP SuccessFactors Recruiting: SAP SuccessFactors Recruiting is part of SAP's broader HCM suite used by large enterprises. Like Workday, it is both an integration partner and a broad incumbent building native AI features that could displace Modern Hire's overlay.
  • LinkedIn Talent Solutions: LinkedIn Talent Solutions offers sourcing, recruiting, and learning products backed by the world's largest professional network. It is a broad incumbent that competes for enterprise TA spend and increasingly incorporates AI assessment and interview features.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Modern Hire social profiles

Digital presence

Modern Hire compliance and trust

Trust signal

Compliance1 record

Modern Hire financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Modern Hire leadership team

Management profile

Number of profiles

Profiles7 records

Modern Hire funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Modern Hire M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Modern Hire

What does Modern Hire do?

Modern Hire provides an enterprise AI-powered hiring platform that combines skills validation assessments, on-demand and live video interviewing, and automated workflow tools to help large organizations screen, interview, and select candidates at scale. The platform serves hourly, professional, technical, campus, and internal mobility hiring across industries including retail, financial services, public sector, healthcare, and manufacturing, and includes a FedRAMP-authorized environment for government hiring.

Is Modern Hire a public or private company?

Modern Hire is a private company. It is classified as corporate owned and is currently acquired.

When was Modern Hire founded?

Modern Hire was founded in 2019. It employs 251 to 500 people.

Where is Modern Hire based?

Modern Hire is headquartered in Cleveland, United States, in the North America region.

How does Modern Hire make money?

One revenue line is on record: enterprise Hiring Platform Subscription.

Who are Modern Hire's main competitors?

Direct peers on record are HireVue, iCIMS, Eightfold AI, Phenom, Greenhouse, Harver (formerly Pymetrics) and Smart Recruiters. Broad incumbents are Workday Recruiting, SAP SuccessFactors Recruiting and LinkedIn Talent Solutions.

Does Modern Hire have an API?

No public API is recorded for Modern Hire.

What industry is Modern Hire in?

Modern Hire's product category is AI Hiring / Talent Acquisition Software. Its primary akta.pro industry code is BPACAPAD, Talent Acquisition (Recruiting) & Applicant Tracking (ATS). Its NAICS code is 5613 and its SIC code is 7372.

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Live signals
YahooPredictive Analytics and AI Tools Propel Revolution in Talent Acquisition IndustryResearchAndMarkets.com has published the "AI in Talent Acquisition Market Report 2026," projecting the market to grow from $1.35 billion in 2025 to $1.6 billion in 2026, with a compound annual growth rate of 18.8%, and expected to reach $3.16 billion by 2030. The report highlights key industry actions including Indeed's April 2023 launch of Smart Sourcing and HireVue's May 2023 acquisition of Modern Hire, while noting that tariffs on IT infrastructure have increased operational costs for platform scaling. Key players covered in the market analysis include IBM, Oracle, SAP, Cornerstone OnDemand, and Cielo Talent among others.GlobeNewswirePredictive Analytics and AI Tools Propel Revolution in Talent Acquisition IndustryResearchAndMarkets.com announced the release of the "AI in Talent Acquisition Market Report 2026," projecting the market will grow from $1.35 billion in 2025 to $1.6 billion in 2026 and $3.16 billion by 2030, with a compound annual growth rate of 18.5-18.8%. Key trends driving adoption include AI-based candidate matching, automated resume screening, chatbot engagement, predictive analytics, and virtual interviewing platforms, while tariffs on IT infrastructure are increasing operational costs and pushing companies toward cloud-based subscription models. Specific company actions cited include Indeed's April 2023 launch of AI-powered Smart Sourcing and HireVue's May 2023 acquisition of Modern Hire to enhance its AI-driven hiring platform.openPR.comFuture Perspective: Key Trends Shaping the AI in Talent Acquisition Market Until 2030The AI in talent acquisition market is projected to reach $3.16 billion by 2030, growing at a compound annual growth rate of 18.5%, driven by predictive hiring analytics, automated recruitment platforms, and AI-based candidate assessment tools. In May 2023, US-based HireVue acquired Modern Hire to enhance its AI-driven hiring platform capabilities. In April 2023, Indeed launched Smart Sourcing, an AI-enabled tool that analyzes profiles and resumes from a talent pool of nearly 300 million global candidates to accelerate hiring decisions.Verified Market ResearchAI Interview Software Market Size And ForecastThe global AI interview software market was valued at USD 50 billion in 2024 and is projected to reach USD 279.48 billion by 2032, growing at a CAGR of 24%. Key drivers include the demand for hiring efficiency, remote work expansion, and cost optimization through automation. The report identifies major industry players such as HireVue, Modern Hire, and Pymetrics among others.HiretruffleBest AI Video Interview Platforms for Retail Hiring in 2025This article provides a comparative guide of 12 AI video interview platforms designed to streamline high-volume hiring in the retail sector for 2025. It details key features such as automated screening, bias reduction, and ATS integration, while offering implementation tips and ROI analysis frameworks for retailers. The guide reviews specific vendors including HireVue, Truffle, Phenom, and ModernHire to help businesses select appropriate tools based on their size and operational needs.TheinterviewguysBehind the Screen: How AI Analyzes Your Interview PerformanceThe article details how AI-powered interview tools, utilized by 76% of organizations according to a PwC survey, analyze candidates' voice, facial expressions, and language to predict job success. It identifies major industry players like HireVue, Modern Hire, and Pymetrics, while outlining specific metrics such as engagement, confidence, and cultural fit that algorithms evaluate. The piece also addresses potential biases in these systems and provides strategic advice for candidates to optimize their performance during AI-driven assessments.The Business Research CompanyAI in Talent Acquisition Market Report, Share, Size, 2034The Business Research Company published a market report forecasting the global AI in talent acquisition market to grow from $1.35 billion in 2025 to $2.67 billion by 2029, driven by the shift toward remote work and advancements in AI technology. The report highlights key industry players such as HireVue, IBM, and Oracle, noting strategic moves like HireVue's acquisition of Modern Hire to enhance its AI-driven assessment capabilities.GlobeNewswireThe Riverside Company Successfully Sells Modern Hire, the Leading Intelligent Hiring PlatformThe Riverside Company sold its investment in Modern Hire to HireVue, a video interviewing and recruiting platform. Modern Hire grew revenue 5x, expanded from 40 to nearly 200 employees, and is trusted by over 700 enterprises. The sale marks Riverside's continued focus on software and IT investments.GlobeNewswireHireVue Acquires Modern Hire to Transform the Global Talent ExperienceHireVue acquired Modern Hire, an intelligent hiring platform, to expand its end-to-end hiring automation. The deal will serve over 1,150 customers, including over half of the Fortune 100, and Modern Hire will integrate immediately. HireVue aims to accelerate technology growth to help organizations identify candidate potential beyond resumes.PR NewswireModern Hire Launches Virtual Job Tryout (VJT) for Flight AttendantsModern Hire announced the launch of Virtual Job Tryout (VJT) for Flight Attendants, a preconfigured assessment tool designed to help airlines more efficiently select and retain flight attendant candidates. The tool addresses growing airline hiring needs driven by projected air travel growth, which according to IATA is expected to surpass 2019 levels by next year and increase 20-60% by 2030. The VJT uses science-based simulation and text-based interview assessments to evaluate candidate fit while reducing bias and turnover.