EmployInsight Grabs $1M For Its Employee Measurement Platform (And NYSE As Its First Client)
Summary
EmployInsight, a web-based platform for measuring and quantifying employees’ “soft skills” in the workplace, has raised $1 million+ from Founder Collective, Launch Capital, Sean Glass, Phil Bronner, Jarrod Yuster, David Cohen, Gus Fuldner and other angels, the company is announcing today. The startup is also revealing one of its first enterprise clients, and it’s a big one: the New York Stock Exchange is up-and-running on EmployInsight’s first product, a hiring application called HireInsight. “We started thinking about whether we could help people create profiles for these softer resources they bring.” Although some employers use personality assessments during hiring today, Glass says they won’t get great results because they don’t define what they’re looking for from the outset. To do so, multiple people define what sort of strengths are needed for the position through a collaborative process, then that profile is used to vet job candidates. HireInsight, which launched last week, is already being used by the NYSE, as noted above, as well as nearly a dozen other organizations, the smallest with some 50 employees, and the largest with over 10,000.
Classifications
AskAI Classifications
LabelsLinked Companies
