RCS - CYKEL AI PLC - Successful Product Demos of Cykel's HR AI Agent

Cykel AIAnnouncement

08/04/2025 07:00

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RNS Number : 0115E  CYKEL AI PLC  08 April 2025

8 April 2025
Cykel AI PLC

("Cykel AI" or the "Company")

Cykel AI Achieves Significant Market Traction Completing over 200 Successful Product Demos with Early Adopters of their HR AI Agent

Cykel AI PLC (LSE: CYK) is pleased to report substantial early market
engagement with Lucy, the Company's autonomous AI recruitment agent, following
its release dated 3 March 2025 announcing Lucy was available for hire. The
Company has completed 200 product demonstrations across diverse industry
sectors, with organisations now actively deploying Lucy as early adopters of
the technology.

This milestone represents a strategic validation of Cykel's market positioning
and demonstrates growing recognition of the transformative potential of
autonomous digital workers within recruitment workflows. Early users span
recruitment agencies, in-house talent acquisition teams, and HR consultancies
across the UK and US markets.

Ewan Collinge, CEO & Founder of Cykel AI said: "The robust level of market
engagement we're experiencing validates our thesis that AI digital workers
represent the next evolution in business process transformation. These early
deployment partnerships provide invaluable feedback as we optimise Lucy's
capabilities, while simultaneously creating a strong foundation for our
commercial pipeline. Each successful implementation establishes a reference
case that accelerates our sales cycle with similar organisations."

Early adopter feedback highlights several key value propositions driving
adoption:

●    Operational efficiency: Users report significant reduction in time
spent on repetitive recruitment tasks, with digital worker automation handling
processes 24/7

●    Candidate quality improvement: Lucy's AI-driven approach to
personalised outreach and screening is yielding higher quality candidate
shortlists

●    Cost effectiveness: At just £1.25/day, Lucy delivers an estimated
5-10x productivity enhancement compared to traditional recruitment methods

●    Seamless integration: Early implementations confirm Lucy's ability
to integrate effectively with existing HR technology stacks

The Company expects these early implementations to convert to larger
commercial contracts in Q2 2025, in line with typical enterprise sales cycles.
The robust pipeline of completed demonstrations could position Cykel for
accelerated revenue growth as the market for digital workers continues to
mature.

"As businesses seek to maintain competitive advantage through AI adoption,
we're witnessing a clear shift from experimental engagement to strategic
implementation planning," added Collinge. "Our focus on measurable outcomes
and tangible ROI is resonating strongly with decision-makers who recognise
that digital workers represent not just incremental improvement, but a
step-change in operational capability."

This announcement follows Cykel's recent beta launch of Samson, its AI
research agent, further expanding the Company's portfolio of specialised
digital workers built on its proprietary TaskOS infrastructure.

For further information, please contact: investors@cykel.ai

About Cykel AI

Cykel AI creates autonomous digital workers that perform complex business
tasks without human supervision. The Company's expanding portfolio includes
Lucy (recruitment), Samson (research analysis), and Eve (sales), all built on
TaskOS - Cykel's proprietary AI agent infrastructure. Cykel's digital workers
operate alongside human teams, enabling businesses of all sizes to transform
their operations at scale.

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

 

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