We are very excited to announce a new IFF investment! Skillvue raises €2.5M to defeat the global skills gap 💪
The Skills Gap Crisis is a monumental #challenge: the World Economic Forum estimates it could cost the world $11.5 trillion in potential GDP growth over the next decade.
Some big companies are trying to adopt skills-based approaches to tackle this issue, but their efforts are fragmented and limited. That’s why we were so excited to meet Nicolo Mazzocchi and Simone Patera, founders of Milan-based Skillvue.
#Skillvue helps companies evaluate both candidates and existing employees in a fast, objective, and scalable manner. By leveraging proprietary AI, Skillvue enhances recruitment, talent development, and internal mobility, helping organizations adopt a skills-based approach.
🔍 What makes #Skillvue stand out?
🛞 A recruitment revolution: Asynchronous interviews powered by AI assess skills and motivation, making it easier to identify high-potential candidates. This method improves the ability to predict job performance by up to 5x, a game-changer for hiring junior candidates or roles where traditional resumes fall short.
🧑💼 Strategic talent management: Post-hiring, Skillvue helps HR departments analyze workforce skills at scale, enabling better talent placement, improved retention, and more effective career paths. Skillvue’s approach is already showing that it increases the likelihood of successful placements by 107% compared to traditional methods.
They’ve already convinced industry giants like Carrefour, Credem, and Acquedotto Pugliese, and that’s just the start. We’re convinced that #Skillvue will keep leading the charge in transforming how businesses manage talent 🌟
#HRTech #AI #TalentManagement #Recruitment #Innovation
🎉𝗦𝗶𝗮𝗺𝗼 𝗳𝗲𝗹𝗶𝗰𝗶 𝗱𝗶 𝗮𝗻𝗻𝘂𝗻𝗰𝗶𝗮𝗿𝗲 𝗹𝗮 𝗰𝗵𝗶𝘂𝘀𝘂𝗿𝗮 𝗱𝗶 𝘂𝗻 𝗿𝗼𝘂𝗻𝗱 𝗽𝗿𝗲-𝘀𝗲𝗲𝗱 𝗱𝗮 𝟮,𝟱 𝗺𝗶𝗹𝗶𝗼𝗻𝗶 𝗱𝗶 𝗲𝘂𝗿𝗼!
Un ringraziamento speciale ai nostri lead investor Italian Founders Fund - Lorenzo Franzi, Ascanio Orombelli - e 14Peaks Capital - Edoardo E. Ermotti, Emanuele Larocca -, che hanno creduto in noi insieme a Kfund, Ithaca 3, Orbita Verticale e i nostri Business Angel.
La somma raccolta sarà fondamentale per far sì che il nostro team e la nostra tecnologia possano crescere di pari passo con il sempre più vasto portfolio di aziende che supportiamo nell’adozione di un approccio #skillsbased nei processi di #recruitment, internal hiring e talent development.
Ma non è finita qui: da oggi Algo AI diventa #Skillvue, suggellando il nostro impegno per garantire una gestione delle competenze più chiara, trasparente ed efficace alle aziende!
Leggi tutti i dettagli nell’articolo: https://lnkd.in/dXW4cNqG
*** ENG version:
We are happy to announce the closing of a €2.5 M ($2.8 M) pre-seed round! Special thanks to our lead investors IFF - Lorenzo Franzi, Ascanio Orombelli - and 14Peaks - Edoardo Ermotti, Emanuele Larocca -, who believed in us together with Kfund, Ithaca 3, Orbita Verticale and our Business Angels.
The sum raised will be fundamental in ensuring that our team and our technology can grow together with the ever-growing portfolio of companies we support in adopting a skills-based approach in their recruitment, internal hiring and talent development processes.
But that's not all: as of today Algo AI becomes Skillvue, marking our commitment to provide clearer, more transparent and effective skills management for companies!
Read all details in the article: https://lnkd.in/dXW4cNqG
Nicolo Mazzocchi Simone Patera
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