'How Women Invest' Fund I Closes and Invests in Female-founded and Led Companies: Gray Matter Analytics and Hitch
Summary
Our investments in Gray Matter Analytics and Hitch are representative of the impact we seek from our portfolio companies in terms of building equitable systems whether it be in ensuring quality healthcare irrespective of demographics, or distribution of work according to skill versus role within large organizations." With the support of How Women Invest, Cleveland Avenue Partners, and other investors, the company intends to grow its staff and revenue significantly in 2021, amplifying its capacity and dominance in the value-based care space. Hitchs AI-powered platform uses analytics to identify internal skills supply and demand, improving productivity while supporting employee retention metrics and realizing cost savings. In addition to expanded capabilities around career and learning paths, Hitchs 2021 initiatives include new functionalities that support adoption and talent mobility in globally-distributed enterprises with multiple and diverse lines of business. "As a former CHRO, one of my biggest pain points was balancing the need for high demand skills due to the pace of change and effects of automation, while meeting the need for improvements in employee productivity, performance and engagement.