RCS - CYKEL AI PLC - Cykel AI Recruitment Agent Now Available for Hire

Cykel AIAnnouncement

03/03/2025 07:15

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RNS Number : 9821Y  CYKEL AI PLC  03 March 2025

3 March 2025

Cykel AI PLC

("Cykel AI" or the "Company")

Cykel AI Announces Advanced AI Recruitment Agent Now Available for Hire at
$1.63/Day, Delivering 5-10x Output

Cykel AI PLC (LSE: CYK) today announced an advancement in its artificial
intelligence (AI) digital worker as Lucy, an AI-powered recruitment agent,
demonstrated advanced end-to-end automation of recruiting processes. The
company targeted HR and recruitment as its first market, recognizing that the
combination of high-volume repetitive tasks, massive market size, and need for
efficiency in talent acquisition made it ideal for AI agent deployment. At
$1.63/day, Lucy delivers 5-10x the output of traditional recruitment processes
while reducing human time spent on repetitive tasks by 95%.

Ewan Collinge, CEO & Founder of Cykel AI said: "For HR and recruitment
businesses, Lucy offers a crucial competitive advantage in an increasingly
challenging talent market. The reality is that AI adoption has shifted from
optional to essential for recruitment firms seeking sustainable profitability
and competitive differentiation in 2025 and beyond."

Lucy's capabilities include:

●    Sources high-quality candidates from 210m profiles

●    Sends personalized messages to prospects

●    Screens, ranks and shares opinion on inbound CVs

●    AI "brain" trained on company hiring data

●    Simple integration with existing HR systems

●    Multi-language

See Lucy's capabilities here.

"In a $750 billion global recruitment industry that has seen minimal
technological disruption, Lucy represents more than just an innovation - she's
a breakthrough in intelligent workflow automation. While others are
experimenting with AI assistants, Lucy efficiently manages complex recruitment
workflows that traditionally required multiple human touch points. This
advanced application of AI agents, combined with enterprise-grade security and
seamless integration capabilities, sets a new standard for AI in the
workplace." Collinge added.

This milestone comes as the global AI industry, currently valued at $184
billion, is projected to reach $862 billion by 2030, with the specialized AI
agent sector expected to grow at a CAGR of 44.85% to reach $47.1 billion in
the same period.

This announcement reinforces Cykel's position as an industry leader in
AI-powered workflow automation. The Company's expanding portfolio includes Eve
(sales) and Samson (research analysis), built on TaskOS - Cykel's proprietary
AI agent infrastructure.

For further information, contact: investors@cykel.ai

About Cykel AI

Cykel AI creates autonomous digital workers that perform complex business
tasks without human supervision. The Company's first digital worker, Lucy,
independently manages end-to-end recruitment processes from candidate sourcing
to pipeline management. Cykel's digital workers operate alongside human teams,
enabling businesses to transform their operations at scale.

www.cykel.ai/lucy (http://www.cykel.ai/lucy)

 

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