Elastyc
Overview of Elastyc
Elastyc: AI-Powered Recruiting Platform (Shut Down)
Please note: Elastyc has shut down its services. This description is for informational purposes only.
What was Elastyc?
Elastyc was an AI-driven recruiting platform designed to streamline the hiring process for small businesses, talent teams, and staffing agencies. It offered features like AI-powered candidate sourcing, automated grading, and seamless integration with existing Applicant Tracking Systems (ATS). Elastyc aimed to help companies find top talent faster and more efficiently, all while providing flexible pay-as-you-go pricing.
How did Elastyc work?
Elastyc leveraged AI to automate and improve various aspects of the recruitment process:
- Candidate Sourcing: The platform used AI to identify potential candidates from a database of 300 million profiles.
- Applicant Grading: Elastyc graded incoming applicants based on customized job-seeker matching criteria, helping recruiters prioritize the most promising candidates.
- ATS Integration: Elastyc integrated with popular ATS platforms, allowing users to manage candidates within their existing workflows.
- Job Board Posting: Users could post jobs to top job boards directly from the Elastyc dashboard.
- LinkedIn Extension: A browser extension enabled recruiters to add candidates from LinkedIn profiles to their Elastyc pipeline.
Key Features of Elastyc
- AI-Powered Candidate Grading: Automatically rank and score applicants based on their fit for the job.
- Daily Reports: Receive comprehensive daily reports detailing the status of each open position and highlighting top candidates.
- ATS Integration: Connect Elastyc with your existing ATS for seamless workflow management.
- Outsourced Prospecting: Let Elastyc's AI find and grade outsourced prospects based on your job criteria.
- Effortless Job Board Posting: Post jobs to multiple job boards directly from the platform.
- LinkedIn Extension: Easily add candidates from LinkedIn to your Elastyc pipeline.
Why was Elastyc important?
Elastyc was important because it addressed several key challenges in the recruitment process:
- Time-to-Hire: Elastyc aimed to significantly reduce the time it takes to find and hire qualified candidates. Customers reported a 95% improvement in time-to-hire.
- Cost: The pay-as-you-go pricing model made Elastyc affordable for businesses of all sizes.
- Efficiency: AI-powered automation streamlined the recruitment process, freeing up recruiters to focus on more strategic tasks.
Who was Elastyc for?
Elastyc targeted three primary customer segments:
- Small Businesses: Providing enterprise-level recruiting power with flexible pricing.
- Talent Teams: Supercharging talent acquisition with AI-powered sourcing.
- Staffing Agencies: Helping agencies fill positions faster while maintaining margins.
What was the best way to use Elastyc?
The best way to use Elastyc was to integrate it into your existing recruitment workflow. By connecting it with your ATS and leveraging the AI-powered candidate sourcing and grading features, you could significantly improve the efficiency and effectiveness of your hiring process.
Elastyc Pricing
Elastyc offered a pay-as-you-go pricing model, meaning you only paid for what you used. This made it a cost-effective solution for businesses of all sizes. Key aspects of their pricing included:
- Unlimited Free Seats and Jobs
- Affordable for All
- Scale to Your Needs
- No Subscriptions or Commitments
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