2 New #HRtech Startups Get Their Wings

2 New #HRtech Startups Get Their Wings

The sheer number of new startups being launched today is dizzying. Yesterday, there were 2 more stories of companies that secured more than $11 million in funding combined. EquitySim and Pymetrics. EquitySim, based in San Francisco, is a technology-driven online simulation-based recruiting platform that partners with financial services firms to identify top hidden talent. They announced that they’ve secured $3.1 million in Series A funding led by leading employment tech investor University Ventures, along with Peak Ventures and 500 FinTech. Their product centers around online simulations which allow job candidates to demonstrate skills and true potential; company’s unique algorithms take the bias out of hiring and help employers create a more expansive and diverse talent pipeline. The goal being to ‘democratize hiring’. “Too often, qualified candidates from diverse backgrounds are overlooked by traditional hiring methods simply because of the school they went to,” said Justin Ling, Co