Randstad Innovation Fund (RIF) joins Pymetrics’ Series A financing with Mercer, a subsidiary of Marsh & McLennan Companies, Inc. and Khosla Ventures. The investment seeks to accelerate the development and go-to-market of Pymetrics, a pioneer in using big data, neuroscience and gamification to draw personal career and job recommendations.
Based on a combination of simple games of about 2 minutes each on a web or mobile interface, Pymetrics collects millions of data points and measures 90 dimensions, across cognitive and emotional traits. The richness and breadth of Pymetrics’ recommendation engine allows to guide talent towards the right career, jobs and culture fit.
Pymetrics is at the forefront of data science which gives graduates and job seekers powerful insights into their career and job opportunities. Quality of hire and diversity greatly benefit from an unbiased understanding of a person’s profile.
Pymetrics looks to revolutionize talent management with the application of technologies. The support of Randstad Innovation Fund both financially and as thought leader in the HR tech space is important to help us achieve our mission towards better diversity and career fit enabled by data science.
As a strategic corporate venture fund, RIF is building a portfolio of early stage HR technology investments. RIF invests in companies, which are at the forefront of technology or transforming the talent acquisition and workforce management industry, hence boosting external innovation within the Randstad Group. The goal is to combine Randstad’s expertise and reach with entrepreneurial spirit and technological excellence. RIF has invested in portfolio companies CrunchR, Gr8People, Checkster, Brazen, VONQ, RolePoint, twago and Gigwalk since its launch in March 2014. Visit www.randstad.com/about-randstad/randstad-innovation-fund/ for more information.
about Pymetrics
Pymetrics is the next generation career search platform. Using big data, neuroscience and machine learning, the company is reinventing the recruiting industry by recommending optimal career paths to job seekers and helping companies hire smarter. Pymetrics assesses cognitive and personality traits using a series of fun and quick neuroscience games, making it easier than ever to understand where inherent characteristics can lead to success. Learn more at https://pymetrics.com/.
about randstad
Randstad is a global talent leader with the vision to be the world’s most equitable and specialized talent company. As a partner for talent and through our four specializations - Operational, Professional, Digital and Enterprise - we provide clients with the high-quality, diverse and agile workforces that they need to succeed in a talent scarce world. We help people secure meaningful roles, develop relevant skills and find purpose and belonging in their workplace. Through the value we create, we are committed to a better and more sustainable future for all. Headquartered in the Netherlands, Randstad operates in 39 markets and has approximately 40,000 employees. In 2023, we supported 2 million talent to find work and generated a revenue of €25.4 billion. Randstad N.V. is listed on the Euronext Amsterdam. For more information, see www.randstad.com.
for more information
Elise Martin-Davies
+31 (0)6 1322 5136
press@randstad.com