London-based Dex, an AI-powered
recruitment platform, has raised $5.3 million in a seed funding round led by Notion Capital, with participation from Andreessen Horowitz’s Speedrun programme, Concept Ventures, and angel investors including individuals from OpenAI and other organisations. The round follows a pre-seed round raised in 2025, bringing the company’s total funding to $8.4 million.
Dex focuses on connecting software engineers
with relevant job opportunities through an AI-driven approach. Its product
operates as an AI “talent agent”, engaging users in detailed conversations to
understand their experience, motivations, and career goals. The platform then
matches candidates with suitable roles, while also supporting them with
research, compensation benchmarking, and interview preparation through a
conversational interface.
On the employer side, Dex gathers insights
into hiring teams, role requirements, and performance expectations. When a
strong mutual fit is identified, the platform facilitates direct introductions
between candidates and hiring managers.
Commenting on the limitations of current
hiring systems, Paddy Lambros, CEO and founder of Dex, said that recruitment processes frequently
underperform, while AI has not yet delivered substantial improvements.
We’re currently seeing an AI ‘arms race’ to the bottom, with companies
being flooded by AI-generated applications, while individuals are often
subjected to inhumane and unethical screening. Dex offers an alternative.
The funding comes at a time when the global
recruitment industry is facing growing pressure to evolve, with traditional
hiring processes often criticised as inefficient and heavily reliant on manual
decision-making. Dex positions itself as an alternative, aiming to improve how
talent and opportunities are matched through AI.
Dex plans to use the new funding to further
develop its product and expand its go-to-market strategy. While currently
headquartered in London, the company is preparing to expand into the US,
targeting technology hubs such as New York and San Francisco.
The company’s broader goal is to improve how
individuals find meaningful work by aligning opportunities with their skills,
ambitions, and values, while offering tools that support both candidates and
employers throughout the hiring process.