Alex AI Recruiter Raises $20M — AI Conducts Live Video Interviews with Real-Time Personalized Follow-Up Questions

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Alex, an AI recruiting partner, raised $20M including a $17M Series A led by Peak XV Partners with participation from Fortune 500 CHROs and Y Combinator. Alex's AI recruiter conducts live video conversations with candidates and generates personalized follow-up questions in real-time based on responses — architecturally replacing the first-round screening interview entirely. This is a direct threat to HR SaaS incumbents like Greenhouse and Lever, whose value proposition assumed human recruiters would always conduct initial screens.