StepStone acquires Mya, Conversational AI Software

HR tech acquisitions
Read Time1 Minute, 59 Second

Dusseldorf, May 2021. StepStone, one of the world’s leading online job marketplaces, has acquired the San Francisco based, Mya, a conversational AI (artificial intelligence) technology. The company will embed Mya’s technology into its online job search.

StepStone says they will fundamentally change the way it engages with job seekers, nurture candidates, and match them to right job opportunities. On top of just searching for jobs, StepStone will interact with its users conversationally through new channels to discover more about job seeker preferences, skills, and interests and increase the number and quality of matching job applications.

The new technology will become part of StepStone’s Autonomous Matchingtm platform. Based on machine learning, conversational AI will enable job seekers to find matching job opportunities even without actively searching for them. The technology draws conclusions from talking to the candidate and then suggests suitable jobs via text message, WhatsApp or onsite chat. StepStone customers will benefit from improved matching and higher quality of hiring. Engaging with job seekers based on conversational AI will first be integrated in StepStone’s job marketplaces in English and German language.

“Today, online job search still relies on job seekers typing in job titles and locations. As a result, many people do not find the right job. In the future, conversational AI will help us to have meaningful interactions with our users and to find out what really matters to them”, said StepStone CEO Dr. Sebastian Dettmers. „Our goal is to fundamentally change how job seekers discover their full range of opportunities.”

Sebastian Dettmers

Mya Systems was founded in 2012 by Eyal Grayevsky and James Maddox with the goal of simplifying hiring processes. The San Francisco, US-based company has since developed one of the most advanced conversational technologies, which is now used in recruitment processes all over the world.

Along with the conversational technology, the full engineering and developer team including the two founders will now become part of StepStone Group. „With StepStone, we see the opportunity to accelerate our vision to create a far more efficient and equitable job market powered by AI,“ said Eyal Grayevsky, founder and CEO at Mya. „We look forward to becoming part of one of the most successful online recruiting companies globally. StepStone is a pioneer in autonomous matching and the perfect platform for Mya to scale our technology and impact millions of job seekers.“

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