pymetrics uses neuroscience and AI to assess candidates’ cognitive, social, and emotional traits and algorithmically recommend best-suited hires. Its algorithms are proactively audited for demographic bias and the company open-sourced its Audit-AI bias-detection tool. The platform supports candidate matching, internal mobility, workforce insights, and reskilling, and serves over 60 enterprise clients including Unilever, Accenture, and LinkedIn. More than one million job candidates have played pymetrics’ games across web, Android and iOS, and the product is live and compliant in 68 countries in 16 languages. Customers have reported results such as doubling hire yield, increasing diversity of hires up to 20%, and a 65% increase in retention. Founded in 2013, pymetrics has offices in New York, London, Singapore and Sydney and plans to accelerate international expansion and continue product development. Financially, the company has raised $58 million to date, including the newly announced $40 million Series B. Pymetrics builds AI-scored neuroscience-style games that assess traits such as memory, emotion detection, risk-taking, fairness and focus to identify high-performance profiles. Companies have their all-star employees play the games to determine which traits correlate with success in specific roles, then candidates take the same tests so hiring decisions are based on internal traits rather than resumes. The system is designed to remove factors like name, gender, skin color, age and traditional resume signals to reduce sexism, racism, ageism and classism in hiring. Pymetrics reports working with about 50 enterprise clients, including Accenture and Unilever (which put 250,000 employees through the tests). CEO Frida Polli says the tool doubled the likelihood of hiring tested candidates and has enabled hires from nontraditional backgrounds. The company plans to use new capital to expand its London and Singapore sales offices and sign more international clients; it also received a Rockefeller Foundation grant to fund access for employers hiring at-risk youth. Pymetrics is a New York-based company that develops predictive hiring and career assessment technology. The company’s core product is described as predictive hiring and career assessment technology. Pymetrics has raised $6.13 million in a Series A round of funding. Investors in the round include BBG Ventures, Khosla Ventures, Mercer, and Ranstad Innovation Fund. The raise was reported in an article titled "Pymetrics Raises $6.13M Series A." Pymetrics offers a games-based career assessment and recruiting platform that measures cognitive and emotional abilities not captured by resumes or questionnaires. The platform uses manipulation-proof neuroscience games and machine learning to match students with career paths and companies. It has developed more than thirty career and company profiles by assessing successful employees’ game results. The product is available at MBA and undergraduate programs across the United States and is used by top financial, consulting and technology firms. In pilot programs, students who scored highly increased their chances for an interview five- to seven-fold, and top candidates were over three times more likely to receive an offer. The company launched the platform after raising seed funding to support growth and adoption among schools and employers.

Total raised

$57M

Funding rounds

4

Latest round

Series B

Latest activity

Sep 2018