Equalture has just raised €2.75 million to help companies make unbiased, science-backed hiring decisions, by trusting on neuroscience instead of gut feeling. The funding round was led by Dutch investment company Shoe Investments and joined by Dutch VC firm 4impact.
Charlotte Melkert, Co-Founder of Equalture, said: ‘’In this era of rapid technological innovations that we are living, it is unacceptable that hiring decisions are still based upon subjective first impressions that we allow our own biases to create. In 1482, Leonardo da Vinci wrote the first resume, and up to this day, 540 years later, we still rely on CVs when judging candidates. The most ironic and sad part of this story is that we all know that CVs aren’t predictive of hiring success and heavily increase biases, but still we all stick to this screening method. Just because old habits are difficult to break through.”
Equalture helps companies increase the diversity of their teams by providing all candidates with an equal opportunity to get hired, beyond what is on their CV.
With this funding, Equalture plans to further grow its international customer base, and expand its test library of game-based neuro-assessments, helping companies to evaluate their teams’ and candidates’ (soft) skills and behaviours in an unbiased, scientific way.
Announcement: Equalture Raises €2.75M to Fight Hiring Bias