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."

      Covered on