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Atalef

End to end integrated tech staff hiring platform

Cyprus
Market: Another, Artificial Intelligence
Stage of the project: Operating business

Date of last change: 02.12.2025
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Idea

Atalef helps companies identify tech talent through expert sourcing and valid data, at the back of its AI-powered DeepMatch™ algorithm.

Current Status

Launched product recently. Atalef is published on the MS Azure Marketplace.
https://marketplace.microsoft.com/en-us/product/saas/atalefbyfiluet.831a3f4d-e24f-445f-a5c5-f26e231d8839?tab=overview

Market

We target and are relevant from scaling startups to global enterprises.
Typical clients include hiring managers for tech staff, and recruitment agencies that handle large volume tech positions.
The global HR tech market is projected to grow from USD 40 billion in 2024 to USD 82 billion by 2032

Problem or Opportunity

Hiring is broken. In Europe, only 56% of job offers are accepted, and nearly one in five new hires leaves during probation. That leaves fewer than half of new hires still in their roles six months after recruitment. At the same time, investment in recruitment technology is accelerating. The global HR tech market is projected to grow from USD 40 billion in 2024 to USD 82 billion by 2032. Despite these gains, 98% of Fortune 500 companies continue to rely on applicant tracking systems that filter résumés by keywords rather than proven skills.

Solution (product or service)

Atalef was created as a direct response to this gap. Built on a CV-free, skills-first model, its DeepMatch algorithm sources candidates from the most widely recognised databases for tech talent and validates them with role-specific assessments. The goal is to shorten hiring cycles, reduce costly mis-hires, and provide shortlists that employers can trust.

Competitors

LinkedIn Recruiter is the dominant incumbent with an estimated annual €7B turnover.
Juicebox, with a less than 1% market share.
https://atalef.ai/uncategorized/atalef-and-juicebox-compared-which-platform-fits-your-tech-hiring-needs/
Seekout, with a less than 1% market share.
https://atalef.ai/uncategorized/atalef-vs-seekout-which-platform-delivers-more-accurate-tech-hiring-results/

Advantages or differentiators

AI That Gets It: No more keyword-stuffing. Our AI understands what makes a great hire and focuses on real, validated hard skills, personality attributes, and preferences instead of traditional CVs.

Finance

We provide affordable and competitive SaaS tiered plans for companies of all sizes and stages of growth.
We additionally provide RaaS, including SaaS + Service from our recruitment agents.
The aim is to have signed 400 customers by the end of 2026.

Business model

Our business model is simple: tiered SaaS plans + add-on service packs that scale from early startups to global enterprises. We integrate with ATSs, empower recruiters, and convert agencies into distribution partners, not competitors - creating multiple recurring revenue streams. The result? Faster hires, fewer mistakes, and massive savings on the #1 burn category in your portfolio: engineering talent. We’re now taking Atalef global - and yes, we’re carving off our slice of LinkedIn Recruiter’s €7B market.

Money will be spent on

Promotional activity for global reach and expansion + further product development

Offer for investor

In the process of negotiations

Team or Management

Risks

Having competition replicating our features and business model, although it is quite difficult to develop a smart algorithm such as our own, DeepMatch.
Further integration of AI features in the hiring process by incumbents such as LinkedIn.

Invention/Patent

Application # 63/893,822

Photos

Photo 1 - End to end integrated tech staff hiring platform
Photo 2 - End to end integrated tech staff hiring platform
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Idea
Current Status
Market
Problem or Opportunity
Solution (product or service)
Competitors
Advantages or differentiators
Finance
Invested in previous rounds, $
Business model
Money will be spent on
Offer for investor
Team or Management
Mentors & Advisors
Lead investor
Risks
Incubation/Acceleration programs accomplishment
Won the competition and other awards
Invention/Patent
Photos
Product Video