Two New Sites Will Use eHarmony-like Algorithm to Find a Perfect Match

One will target job hunters and potential employers. The other services investors and capital-craving companies.
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Two new websites, one for job hunters, the other for investment seekers, have launched with algorithms promising the perfect fit. Direct Approach Solutions, the Monster.com-eHarmony hybrid, starts by requiring the company and the prospective employee to fill out detailed questionnaires — a wise move. It’s tempting for a company to start a job search without fully realizing the makeup of that perfect new hire. After the questionnaire, you enter into the database, and the software analyzes the data, trying to find the perfect match. A Direct Approach employee then works to connect the company with the job seeker directly. The site remains in Beta and available to the tristate area. Eventually, employers will pay $695 per posting. For now, both employers and potential employees can use it for free.

The other site, Gust, tries do similar things with investors and companies seeking capital. Gust, which launched Wednesday, was founded by AngelSoft, an investing software company. Gust focuses on investors willing to contribute to early funding stages. Right now, it’s available to AngelSoft’s 150 venture-capital funds and 35,000 angel investors. Entrepreneurs can post confidential reports on their companies’ progress.

Read more at The New York Times and Business Week.

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