Pipeline, a Denver, CO-base d startup that uses artificial intelligence (AI) technology to increase financial performance by closing the gender equity gap, received a strategic investment from Accenture Ventures.The amount of the deal was not disclosed.
“History has demonstrated that financial incentives and good intentions alone will not close gender equity gaps, which have become even more pronounced in the wake of the pandemic,” said Katica Roy, founder and CEO of Pipeline. “By putting a laser focus on these issues at the corporate level, and with the close collaboration and investment from Accenture, Pipeline looks forward to accelerating its impact in the market.”
Pipeline provides a cloud-based AI platform for companies to assess, address and action against gender biases. By analyzing hiring, pay, performance, potential and promotion data, the company allows organizations to identify internal areas of unconscious bias to make gender equity actionable and attainable, providing recommendations that support improved financial performance for the organization, as well as growth for the individual.
Announcement: Pipeline Receives Strategic Investment for Gender Equity