HR Tech Startup Skillvue Raises $2.8M to Tackle Global Skills Gap with AI-Driven Talent Solutions
September 3, 2024Founded in Milan in 2021 by Nicolò Mazzocchi and Simone Patera, Skillvue is an HR tech startup focused on enhancing recruitment and talent development through a skills-based approach.
Skillvue has successfully raised $2.8 million in pre-seed funding to improve its AI-driven skills assessment platform, which aims to enhance talent allocation and retention.
The funding round was co-led by the Italian Founders Fund and 14Peaks Capital, with participation from various investors including Orbita Verticale and Kfund.
CEO Nicolò Mazzocchi stated that the new funding will be used to expand their team, particularly in AI, and facilitate both national and global business growth.
Utilizing proprietary AI technology, Skillvue conducts asynchronous interviews that significantly enhance the identification of high-potential candidates.
Nicolò Mazzocchi emphasizes the necessity of adopting a scalable skills-based approach for companies to remain competitive in the evolving job market.
The platform is designed to help businesses retain high performers and develop training programs aligned with employer needs, addressing the global skills gap.
Skillvue aims to address the Skills Gap Crisis, which the World Economic Forum estimates could cost approximately $11.5 trillion in potential GDP growth over the next decade.
Investors emphasize the importance of skills-centric strategies for long-term competitiveness, highlighting the transformative potential of AI in HR practices.
The Skillvue platform assists HR departments in analyzing workforce skills and making data-driven decisions regarding talent placement and career development.
Skillvue serves a diverse range of clients across various sectors, including major companies like Carrefour, Credem, and Acquedotto Pugliese.
As large companies begin to adopt a skills-based approach to recruitment and workforce management, the current efforts remain fragmented, highlighting the need for comprehensive solutions.
Summary based on 5 sources
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Sources
Tech.eu • Sep 3, 2024
Skillvue secures $2.8M for AI-based skills assessment platformVerdict • Sep 3, 2024
AI start-up Skillvue secures $2.8m for HR technologyIT Brief Australia • Sep 4, 2024
Skillvue secures USD $2.8 million to expand AI skills platformEU-Startups • Sep 3, 2024
Milan-based HR tech Skillvue gets €2.5 million for AI-based skills assessment platform | EU-Startups