Sydney-based AI start-up Reejig has raised $6 million to expand its workforce intelligence platform into the United States, after the COVID-era skills shortages highlighted the need for large companies to better retrain, upskill and redeploy their people or risk losing them. Investment firm Skip Capital led the capital raising round with participation from AirTree Ventures, Didier Elzinga, chief executive of CultureAmp, and Greta Bradman. Existing Reejig investor Right Click Capital also participated, having led its initial seed funding of $2.2 million last year.
“Companies letting thousands of people go on one side of the business, while hiring positions on the other side of the business isn’t really acceptable in society any more,” said Siobhan Savage, co-founder and chief executive of Reejig. ““Talent intelligence is likely to become a category in itself,” she said. “And organisations know they need to understand the career directions of employees at scale – it’s just previously been difficult to get that data, aggregate it and make use of it.”
Reejig gives large organizations visibility of their employees’ career goals and training ambitions through aggregated data from existing enterprise HR systems (ATS, HR and LMS) and other publicly available sources.
This recent funding will fuel Reejig’s commitment to helping customers reach zero wasted potential, as well as support the rapid growth and expansion of the business in new markets.
Announcement: Reejig Raises $6M for Workforce Intelligence