6 years ago
Arctic Shores Raises $5.5 Million to Revolutionize Hiring with AI-Powered Psychometric Assessments
Arctic Shores, a Manchester-based tech company, has raised $5.5 million in a Series A funding round led by Beringea, with participation from existing investor Candy Ventures
The funding will be used to accelerate the company's international expansion
Arctic Shores provides a platform for psychometric assessments that uses AI and neuroscience to help organizations make better hiring decisions
The company has helped over 140 organizations across 40 countries predict better hires from over 500,000 candidates.
ProblemTechnology
"Companies struggle to objectively and fairly evaluate candidates from diverse backgrounds, leading to biased hiring decisions and a lack of diversity in the workplace."
Solution
"Arctic Shores provides a platform for psychometric assessments using AI and neuroscience, enabling companies to make fairer and more objective hiring decisions, ultimately fostering a more diverse workforce."