Summary
Lensa, founded by Gergo Vari, is an AI-powered job search engine designed to revolutionize the job search and recruitment process. The platform uniquely matches job seekers with opportunities based on a combination of skills and work environment preferences. Its origins trace back to Vari's successful history in creating job platforms in Hungary and his realization of the inefficiencies in job search methods in the US. The platform achieved a significant revenue of $22 million in 2022 with 6 million new subscribers.

Unique Aspect
Lensa stands out with its AI technology, which enables a more personalized, efficient, and accurate job-searching experience, focusing on the unique needs and skills of each user.

Approach to kick off
The initial strategy involved extensive use of focus groups to understand user needs and preferences, coupled with a robust tech stack to create a user-friendly and efficient platform.

Scoop

Business Model Viability
Lensa’s AI-driven job matching system presents a scalable and potentially replicable model in the recruitment industry, offering high viability for similar technology-focused platforms.

Future Projections
Plans include expanding product features, particularly targeting the Latinx community by introducing a Spanish language version, and further enhancing AI capabilities to reduce recruitment biases and address labor shortages.

Startup Stats

📊 ARR: $18,000,000

📈 MRR: $1,500,000

🚀 Startup Costs: $350,000

👥 Team Size: 130

🌍 Market: Global job search and recruitment market

👨‍💻 Users: 6 million new subscribers in 2022

💰 Funding: Bootstrapped

👨‍💼 Founders: Gergo Vari