Wade & Wendy Company Profile

Background

Overview

Wade & Wendy is a New York-based company specializing in artificial intelligence (AI) solutions for the recruitment industry. Founded in 2015, the company focuses on enhancing the hiring process by developing conversational AI chatbots that assist both job seekers and recruiters. Their primary product, "Wendy," serves as an AI recruiter, engaging with candidates to streamline the recruitment process.

Mission and Vision

Wade & Wendy aims to revolutionize the hiring process by leveraging AI to create a more engaging and efficient experience for both employers and job seekers. Their vision is to build a more engaging and chat-driven hiring experience, reducing conversational bias and improving the efficiency of talent acquisition.

Industry Significance

Operating within the recruitment technology sector, Wade & Wendy addresses the growing need for automation and AI integration in human resources. Their solutions contribute to the broader trend of digital transformation in recruitment, offering tools that enhance candidate engagement and streamline hiring processes.

Key Strategic Focus

Core Objectives

Wade & Wendy's strategic focus centers on developing AI-driven solutions that automate and enhance various stages of the recruitment process, from sourcing and screening candidates to engaging with them through conversational interfaces.

Areas of Specialization

The company specializes in creating AI chatbots that interact with job seekers, assess their skills and experiences, and provide personalized job recommendations. This specialization aims to reduce bias and improve the efficiency of the hiring process.

Key Technologies Utilized

Wade & Wendy employs advanced machine learning algorithms and natural language processing techniques to develop their AI chatbots. These technologies enable the bots to understand and engage in human-like conversations, assess candidate qualifications, and provide insights to recruiters.

Primary Markets Targeted

The company's solutions are designed for businesses seeking to optimize their recruitment processes, particularly in sectors where talent acquisition is critical. By automating initial candidate interactions, Wade & Wendy aims to serve a wide range of industries looking to enhance their hiring efficiency.

Financials and Funding

Funding History

As of June 2025, Wade & Wendy has raised a total of $11.5 million in funding. The most recent funding round occurred on March 5, 2019, securing $7.6 million.

Notable Investors

The company's investors include ff Venture Capital, Jazz Venture Partners, Indicator Ventures, Slack, and the Randstad Innovation Fund.

Utilization of Capital

The raised capital has been utilized to develop and enhance Wade & Wendy's AI-driven recruitment solutions, expand their market presence, and support ongoing research and development efforts.

Pipeline Development

Key Products

Wade & Wendy's flagship product is "Wendy," an AI-powered recruiter that engages with candidates to assess their qualifications and provide insights to hiring teams. This product aims to streamline the initial stages of the hiring process and improve candidate engagement.

Development Stages

The company has progressed from initial development to deploying "Wendy" in various recruitment scenarios, continuously refining the AI's capabilities based on user feedback and technological advancements.

Target Conditions

Wade & Wendy's solutions are designed to address challenges in the recruitment process, such as reducing bias, improving efficiency, and enhancing candidate experience.

Anticipated Milestones

Future milestones include expanding the AI's capabilities to handle more complex recruitment tasks, integrating with additional platforms, and increasing adoption across various industries.

Technological Platform and Innovation

Proprietary Technologies

Wade & Wendy's proprietary technology includes their AI chatbot platform, which utilizes machine learning and natural language processing to interact with candidates and provide insights to recruiters.

Significant Scientific Methods

The company employs machine learning algorithms and natural language processing techniques to enable their AI chatbots to understand and engage in human-like conversations, assess candidate qualifications, and provide insights to recruiters.

Leadership Team

Key Executives

Drew Austin: CEO & Co-Founder. Drew Austin co-founded Wade & Wendy in 2015 and serves as the CEO, leading the company's strategic direction and growth.

Professional Backgrounds

Drew Austin: Before founding Wade & Wendy, Drew Austin was involved in various technology and startup ventures, bringing experience in AI and business development to the company.

Contributions to the Company

Drew Austin: As CEO, Drew Austin has been instrumental in shaping the company's vision, securing funding, and driving the development of Wade & Wendy's AI-driven recruitment solutions.

Competitor Profile

Market Insights and Dynamics

The recruitment technology market is experiencing significant growth, driven by the increasing adoption of AI and automation in hiring processes. Companies are seeking innovative solutions to enhance efficiency, reduce bias, and improve candidate engagement.

Competitor Analysis

Key competitors in the AI recruitment space include:

XOR: Offers AI-powered recruitment chatbots that automate candidate engagement and screening processes.

Mya: Provides an AI recruitment assistant that interacts with candidates to streamline the hiring process.

Eightfold: Utilizes AI to match candidates with job opportunities, focusing on skills and potential rather than traditional resumes.

Strategic Collaborations and Partnerships

Wade & Wendy has formed strategic partnerships with investors such as Slack and the Randstad Innovation Fund, which have supported the company's growth and development.

Operational Insights

Wade & Wendy differentiates itself through its focus on conversational AI, aiming to create a more engaging and human-like interaction between candidates and recruiters. This approach seeks to reduce bias and improve the overall efficiency of the hiring process.

Strategic Opportunities and Future Directions

The company plans to expand its AI capabilities, integrate with additional platforms, and increase adoption across various industries. By continuously enhancing its technology and forming strategic partnerships, Wade & Wendy aims to solidify its position in the AI recruitment market.