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Canada-Based Ribbon Lands $8M to Build the AI-First Hiring Platform for High-Turnover Industries
Mar 31, 2025

Ribbon, an AI-native hiring platform, aims to fix the broken recruitment system by offering intelligent, voice-based interviews and real-time analytics that drastically reduce hiring times and improve candidate experiences. Backed by $8M in funding led by Radical Ventures, Ribbon is helping companies in high-turnover industries like retail, hospitality, and logistics move from 48-hour wait times to sub-5-minute interviews. By enabling 24/7 access to interviews and enhancing retention through better job-candidate matches, Ribbon positions itself as the AI-powered hiring solution “for everyone else” beyond the white-collar workforce.


March 31, 2025 – Toronto, CanadaRibbon, a fast-rising AI-native hiring platform targeting high-turnover industries, announced today that it has raised $8 million in a funding round led by Radical Ventures, with participation from Social Leverage, Cadenza Ventures, and GD1. The funding will fuel Ribbon’s expansion efforts and further development of its AI-powered voice interview technology, which aims to drastically improve hiring speed and candidate experience.


Ribbon is positioning itself as the go-to hiring solution for sectors such as manufacturing, logistics, food services, and healthcare—industries often underserved by legacy recruiting platforms. By enabling 24/7 asynchronous voice interviews, Ribbon is helping employers cut time-to-interview from days to minutes, while offering candidates a more human and flexible experience.




“Hiring is fundamentally broken. We believe it should be faster, fairer, and more human,” said Arsham Ghahramani, Founder and CEO of Ribbon. “Our goal is to give every candidate a real opportunity while helping companies find the right talent—faster.”



A Platform Built for Frontline and Hourly Workforces


Unlike traditional job application systems that rely heavily on resumes and static forms, Ribbon uses AI-powered voice interviews to simulate natural, human-like conversations. The platform adapts in real time, asking personalized follow-up questions, evaluating candidate responses, and generating instant summaries and insights for hiring teams.


Candidates can interview on their own schedules—even in the middle of the night—reducing drop-off rates and opening up access to those with rigid time constraints, such as parents, shift workers, and students.


On the employer side, companies using Ribbon report:





  • Time-to-interview reduced from ~48 hours to under 5 minutes




  • 30–40% faster time-to-hire




  • ~15% higher first-month retention




  • Candidate satisfaction rates of 95%+ (5/5 rating)




Enterprise users include LAZ Parking, First Brands Group, Fuze HR, and Propel Impact, who credit Ribbon with eliminating bottlenecks and improving hiring outcomes.


A Growing AI Talent Stack


Ribbon’s founding team includes alumni from Amazon, Coursera, Ezra, and RoseRocket, bringing deep expertise in AI, recruitment, and enterprise software. The company is building what it calls “AI agents for hiring”—tools that help recruiters automate repetitive screening while delivering a personalized and high-quality experience for every candidate.




“What Ribbon is doing goes beyond automation—they’re humanizing hiring at scale,” said Jordan Jacobs, Managing Partner at Radical Ventures. “This is exactly the kind of AI-native infrastructure we believe the future of work requires.”



Beyond Hiring: Infrastructure for the New Labor Market


While the platform currently focuses on hiring, Ribbon envisions a broader transformation in how workers move between opportunities. As project-based and flexible work models become more common, the company aims to build tools that make job transitions seamless—empowering individuals to find meaningful work as easily as ordering a cup of coffee.


Ribbon’s $8 million in funding will be used to accelerate product development, expand into new verticals, and strengthen partnerships with staffing agencies and enterprise employers across North America.


For more information, visit www.ribbon.ai

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