Claro Workforce Analytics Aims To Accelerate Growth With New Funding And Strategic Hires
Summary
NASHUA, N.H.--( BUSINESS WIRE )--Claro Workforce Analytics, a platform of unique workforce insights that helps organizations improve employee engagement, reduce voluntary attrition, and discover diverse talent faster, today announces that it has raised $1.1 million in new funding led by Beta Bayview LLC, with participation from Kline Hill Partners and G-Bar Ventures. Claro uses Machine Learning algorithms to align and enrich disparate information with proprietary metadata, including patent-pending J-Score ® , which has become the standard in measuring online job seeking behavior. “Claro is developing unique technology that helps organizations make better decisions about talent market availability and their own employees,” said Daniel Frawley, Managing Director of Falmouth Ventures LP and Claro Chairman of the Board. Frawley continued, “Data storytelling is quickly becoming the preferred way to develop and communicate business strategy, with the Workforce Analytics category leading the way, and Claro is positioned as leader in this emerging sector.” Organizations leverage Claro’s workforce analytics technology to help identify and attract more diverse talent faster, improve employee engagement and reduce voluntary attrition.