Help businesses solve their human capital needs using AI
Current Status
First launch on 3/31/2021 and second one on 9/30/2021 Six customers are currently using and potentially be converted to premium version starting 2022 Discussing with few key portals for sourcing untapped talents Blueprint for rytMeasure is in flight and will be ready for launch on Feb 2022.
Problem or Opportunity
Companies are going through Bad Hires, Lack of cultural fit, Offer Declines, Biased decision and Labor Shortages.
Solution (product or service)
rytfit.ai uses AI deep learning algorithm to generate any IT job descriptions predicting accurate skill, to parse the resume in any format and scrub the skill matrix, match the talent with the Job and provide the maturity model of the talent for a particular job, predicts the candidate's job acceptance probability and integrates with portals exclusively to source the untapped talents.
Finance
Estimating ARR $1 million by end of 2023
Business model
rytfit.ai has three revenue stream opportunities. 1) Starter Customers; i.e. small companies with standard hiring needs 2) Growth Customers; i.e. medium companies with scaled hiring needs 3) Enterprise Customers; i.e. large enterprise with Bulk & Premium hiring needs
Money will be spent on
Product Development, Marketing & Sales and Customer Success