7 years ago

Neotas Raises €1.1 Million to Screen Potential Employees Using "Digital Intelligence"

  • Neotas, a London-based company that provides "digital intelligence" to help HR companies screen potential hires, has raised over €1.1 million in funding

  • The round was led by Symvan Capital and Force Over Mass, with participation from a number of private investors

  • Neotas analyzes individuals' digital trails to provide deeper insights into their background, behavior, and networks, enabling investors and employers to screen key personnel and mitigate against fraud and insider threats

  • The funding will be used to further develop the company's platform and technology, expand its team of advanced analysts, and step up its sales and marketing operation.

      • ProblemFinancial Services

      "Making it difficult for companies to identify potential employees with questionable backgrounds, which can put their investments and operations at risk."

      Solution

      "Using digital intelligence to analyze an individual's online presence, social media, and publicly available records to provide in-depth background checks and identify potential fraud or insider threats."

      Covered on