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Global Work, Based In Warsaw, Raises $1.25M To Fight Unemployment With AI, Going Head-To-Head With LinkedIn

by THEFUTURE.TEAM
March 21, 2025

As the world adapts to the rise of AI, companies like Artisan push the narrative of “Stop hiring humans,” with layoffs becoming an all-too-common trend. However, one startup is bucking this trend by using AI to help displaced professionals and gig workers secure new job opportunities. Global Work, an AI-driven platform, is transforming the job search experience by automating applications, creating personalized resumes, and customizing cover letters, all while ensuring job vacancies are verified and relevant. This aligns with a broader global movement of AI-powered job-matching services, such as Korea’s “The Work,” which tailors recommendations based on user data.

Founded in Warsaw in 2023 by Alex Chepovoi and Alex Dyadischev, Global Work has raised $1.25 million in pre-seed funding, with additional backing from TMT Investments and Pre-Seed To Succeed. This funding brings the total raised to $1.4 million, helping the company expand its AI capabilities. Their next move? Enhancing the platform with a career guidance test and personalized interview coaching tools, will significantly support job seekers in navigating their career transitions.

Building The Future Of Remote Work: A Global Hub For Verified Opportunities

Global Work’s mission is simple yet ambitious: to create the world’s largest verified job database for remote workers, offering monthly access to over 400,000 opportunities. The platform’s seamless integration of AI ensures that the job search process is not only efficient but also tailored to individual users. As remote work continues to gain momentum globally, this platform positions itself at the cutting edge of the hiring revolution.

Alex Chepovoi’s entrepreneurial background adds credibility to Global Work’s vision. Having co-founded five companies, including Expert Remote, which successfully led a venture to acquisition, Chepovoi’s expertise in identifying market gaps led to the creation of Global Work. Reflecting on the company’s shift from B2B to B2C, he shared, “While building Expert Remote, we realized remote job seekers were struggling. We felt compelled to use AI not to replace jobs but to help people find them.”

AI-Powered Job Search: More Than Just Automation

The true value of Global Work lies in its ability to not only automate job applications but also offer verified job listings. Each job vacancy undergoes AI processing to eliminate scams, duplicates, and irrelevant postings. As Chepovoi explains, “We’re building the largest and most reliable database of remote jobs, where our AI-driven CV Builder, Cover Letter Generator, and AutoApply features ensure that users receive the most relevant job opportunities.”

AI is also playing a pivotal role in career coaching. Research shows that AI can effectively guide professionals through career transitions by analyzing data and offering tailored advice. With the introduction of a career guidance test, Global Work will further enhance its offering, helping users understand the best career paths based on their unique skills and preferences.

Through AutoApply, candidates can apply for multiple jobs with one click, as the platform automatically formats and submits applications, leaving users with more time to focus on their next steps.

Facing The Giants: Competition And Global Expansion

While competitors like Indeed, Glassdoor, and LinkedIn are also leaning into AI, Chepovoi believes that Global Work’s focus on remote work sets it apart. LinkedIn’s recent launch of AI-powered recruitment features, he notes, is something Global Work has already been offering — but with an added focus on remote-first opportunities.

Remote work is reshaping the hiring landscape. Industry analysis points to a shift toward “digital by default” and “remote-first” business models, creating an ever-expanding demand for platforms that connect global talent with remote employers. Global Work’s commitment to this shift positions it as a frontrunner in this evolving market.

A Vision For The Future: Scaling AI To Match 1 Million Remote Workers

Looking ahead, Global Work plans to enhance its AI-powered platform with new tools to support career transitions and improve the remote job search experience. Chepovoi’s goal? To match 1 million candidates to remote roles within the next five years.

The backing from TMT Investments and Pre-Seed To Succeed further solidifies Global Work’s strategic direction. Artyom Iniutin, Managing Partner at TMT Investments, notes, “Global Work is not only scaling rapidly; they’re tapping into a massive market opportunity with the help of AI, a critical trait for success in today’s dynamic environment.”

For Sergei Bogdanov, Managing Partner at Yellow Rocks, the company’s impact is undeniable: “Global Work is revolutionizing the job search market. In a startup ecosystem filled with buzz, they’re making real waves by addressing a major pain point with AI-powered solutions.”

In a world where AI is often seen as a threat to jobs, Global Work is proving that the future of work can be collaborative. Through personalized, AI-driven tools, the company is paving the way for a future where finding a meaningful career is not only easier but also smarter.

Strained Household Finances: Eurostat Data Reveals Persistent Payment Delays Across Europe and in Cyprus

by THEFUTURE.TEAM
November 22, 2025

Improved Financial Resilience Amid Ongoing Strains

Over the past decade, Cypriot households have significantly increased their ability to manage debts—not only bank loans but also rent and utility bills. However, recent Eurostat data indicates that Cyprus continues to lag behind the European average when it comes to covering financial obligations on time.

Household Coping Strategies and the Limits of Payment Flexibility

While many families are managing their fixed expenses with relative ease, one in three Cypriots struggles to cover unexpected costs. This delicate balancing act highlights how routine payments such as mortgage installments, rent, and utility bills are met, but precariously so, with little room for unplanned financial shocks.

Breaking Down Payment Delays Across the European Union

Eurostat reports that nearly 9.2% of the EU population experienced delays with their housing loans, rent, utility bills, or installment payments in 2024. The situation is more acute among vulnerable groups: 17.2% of individuals in single-parent households with dependent children and 16.6% in households with two adults managing three or more dependents faced payment delays. In every EU nation, single-parent households exhibited higher delay rates compared to the overall population.

Cyprus in the Crosshairs: High Rates of Financial Delays

Although Cyprus recorded a notable 19.1 percentage point improvement from 2015 to 2024 in delays related to mortgages, rent, and utility bills, the island nation still ranks among the top five countries with the highest delay rates. As of 2024, 12.5% of the Cypriot population had outstanding housing loans or rent and overdue utility bills. In contrast, Greece tops the list with 42.8%, followed by Bulgaria (18.7%), Romania (15.3%), Spain (14.2%), and other EU members. Notably, 19 out of 27 EU countries reported delay rates below 10%, with Czech Republic (3.4%) and Netherlands (3.9%) leading the pack.

Selective Improvements and Emerging Concerns

Between 2015 and 2024, the overall EU population saw a 2.6 percentage point decline in payment delays. Despite this, certain countries experienced increases: Luxembourg (+3.3 percentage points), Spain (+2.5 percentage points), and Germany (+2.0 percentage points) saw a rise in payment delays, reflecting underlying economic pressures that continue to challenge financial stability.

Economic Insecurity and the Unprepared for Emergencies

Another critical indicator explored by Eurostat is the prevalence of economic insecurity—the proportion of the population unable to handle unexpected financial expenses. In 2024, 30% of the EU population reported being unable to cover unforeseen costs, a modest improvement of 1.2 percentage points from 2023 and a significant 7.4 percentage point drop compared to a decade ago. In Cyprus, while 34.8% still report difficulty handling emergencies, this marks a drastic improvement from 2015, when the figure stood at 60.5%.

A Broader EU Perspective

Importantly, no EU country in 2024 had more than half of its population facing economic insecurity—a notable improvement from 2015, when over 50% of the population in nine countries reported such challenges. These figures underscore both progress and persistent vulnerabilities within European households, urging policymakers to consider targeted measures for enhancing financial resilience.

For further insights and detailed analysis, refer to the original reports on Philenews and Housing Loans.

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