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

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.

Bank Of England Holds Rates At 3.75% In Split Vote As Inflation Risks Rise

The Bank of England kept its benchmark interest rate at 3.75% on Thursday, but the decision was not unanimous. In a 6-3 vote, the Monetary Policy Committee kept rates unchanged, while three members backed a 25-basis-point increase to 4%. Renewed energy price pressures have added to concerns that inflation could remain elevated.

Inflation Pressures Remain

Policymakers said inflation “is likely to rise further over coming quarters,” citing higher and more volatile crude oil and refined energy prices since the conflict began.

So far, there has been “little evidence” of significant second-round effects, such as broader wage and price increases. Inflation risks, however, are now “tilted to the upside” and have increased since the July Monetary Policy Report.

Energy Prices Add To Inflation Risks

Brent crude has risen 36% since July, reaching $106 a barrel on Sept. 14, while UK wholesale gas prices increased 78% to 207 pence per therm.

Higher energy costs can feed into transport, production and household expenses, raising costs across supply chains. Refinery pressures have also pushed crack spreads, the difference between refined fuel and crude prices, well above pre-conflict levels.

Economy Shows Resilience

Despite the inflation risks, UK economic activity has held up slightly better than the Bank expected. A softer labor market and higher borrowing costs are expected to help reduce inflation over time.

Previous monetary tightening is still working through the economy, according to policymakers. So far, the latest energy shock has not produced clear evidence of a broader wage-price spiral.

Major Central Banks Take Different Paths

The decision comes during a busy period for global monetary policy. The Federal Reserve raised rates Wednesday to 3.75%-4% in its first increase since 2023, while the European Central Bank recently lifted its deposit rate to 2.5%.

The Bank of Japan is due to announce its decision Friday, with markets expecting a rate increase. Thursday’s split vote shows that pressure for tighter policy remains within the Bank of England’s Monetary Policy Committee.

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