Plum Raises $6 Million USD to Help Employers Ensure Their Employees Flourish

WATERLOO, Ontario, Feb. 21, 2023 (GLOBE NEWSWIRE) -- Revolutionary talent assessment platform Plum today announced details of its $6 million USD round of growth funding. Given the recent U.S. Jobs Report, which exceeded expectations and historically low unemployment, employers continue to grapple with aligning talent potential to growth opportunity: the exact problem that Plum addresses.New lead strategic investor, Pearson Ventures, is the corporate venture capital arm of Pearson, the worlds leading learning company. Building on our 100 percent ARR growth year-over-year, these funds will help us boost sales, marketing and product development to accelerate growth and further Plums positive impact.Pedro Vasconcellos, Vice President, Pearson Ventures, said, We are excited by the innovation that Plum is bringing to the Talent Management space, particularly their focus on connecting individuals to the right opportunities where theyll thrive. With a universal design, Plum uses objective data to measure and match human potential to job needs, enhancing talent decisions across the employee lifecycle. Featuring unmatched scalability, Plum empowers organizations to quantify job fit, improve quality of hire, identify potential, provide personalized career insights and create high-performing teams from one platform.