Kaygin named three competitors in the resume parsing API market: Sovren, Affinda, and Archi. She described Sovren as the market leader but characterized its technology as severely limited, telling Latka that Sovren cannot extract data from resumes that are not in Word or PDF format. She attributed the 30 percent candidate rejection rate to this type of technology failure. These characterizations are Kaygin's stated opinions and are not confirmed figures from those companies.
Kaygin described Affinda and Archi as occupying a middle tier, saying they are not as problematic as Sovren. Her broader competitive argument is that all existing outsourced parsing APIs, which she said account for 80 percent of the HR tech market, rely on keyword-matching technology from the early 2010s rather than current large-language-model approaches.