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In Berlin, Tel Aviv, Business Technology Platform

Alternative Data: Why You Need it & Where to Start

Today’s most critical asset in helping companies make better strategic decisions? Data. And in order to be a successful data-driven company with a competitive edge, internal data just won’t cut it. Companies must incorporate alternative data sources into the mix in order to take advantage of data-based insights, identify microtrends before they become exponential, and to successfully make key strategic business decisions. A perfect example of an alternative data source to tap into? Insights generated by SAP Partner NWO.ai whose solution harnesses machine learning techniques and human metadata to identify global cultural shifts early and throughout the lifecycle of trends.

The biggest challenges facing the alternative data era

As the complexity of companies and their source systems are growing at a rapid pace, business leaders are facing extreme difficulty in effectively managing these expanding systems of data. The complicated and time-consuming onboarding of data is simply not an option for organizations that need to operate efficiently and with agility. Organizations need a seamless and simple solution for accessing and onboarding data, while simultaneously preparing their systems for the cloud.

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In Foundries, New York, Tel Aviv, Supply Chain Management

Fix the Massive Truck Driver Shortage with Data

Hidden in the furor about disrupted supply chains is how the experience of the drivers delivering all those goods directly impacts the customer experience. That’s where Wise Systems comes in, offering an artificial intelligence (AI)-based delivery management platform that originated at the Media Lab at MIT, when three of the company’s co-founders responded to a professor’s challenge to find the best way to change one billion lives with data.

“The free flow of goods is the lifeblood of communities,” said Allison Parker, vice president of Marketing at Wise Systems. “We decided to apply machine learning to real-time data that captures what’s happening on the ground so organizations can better plan and continuously improve every last-mile route and delivery. Drivers have an intuitive, easier experience managing their schedule directly from their mobile devices, while fleet managers have up-to-the-minute plan tracking for resource allocation and utilization.”

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In Berlin, Portfolio News, Business Technology Platform

NWO.ai Selected to Participate in Season 7 of La Maison des Startups LVMH

NWO.ai, a leading strategic intelligence platform that is revolutionizing the future of external data for enterprises, announced it has been selected to participate in season 7 of La Maison des Startups LVMH.

La Maison des Startups LVMH is a unique initiative in the luxury industry, helping fast-track industry startups to navigate LVMH Group and start new conversations with Maisons on a global scale. The program welcomes international startups each year to drive business with LVMH Maisons and build the future products and services of the luxury industry.

NWO.ai’s participation in this exclusive program will enable LVMH Maisons to potentially spot emerging consumer trends and understand the drivers behind them before these trends become exponential. Further, these advanced capabilities will give LVMH Maisons the ability to leverage these insights from disparate alternative data sources with zero setup time.

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In Tokyo, Funding Announcement, Business Technology Platform

Office leasing proptech Estie completes $9m Series A

Estie, a Japanese proptech operating an office leasing and rental office matching service, announced raising a approximate ¥1 billion ($8,750,000 USD) Series A, according to TechCrunch Japan. The company says it will use the funds to strengthen its HR team recruitment and plans to expand both its product and operation departments in order to build, develop and support its multi-product commercial real estate offering.

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In Berlin, Munich, Funding Announcement, Business Technology Platform

Lixo raises €3.5 million from Demeter Partners, Raise Seed For Good and 50 Partners

Lixo, a Paris, France-based SAAS developer of analytics tools for the waste management and recycling industries, announced closing a seed funding round at €3.5 million ($4M).

The money was raised locally from France from investors including Demeter Partners, Raise Seed For Good and 50 Partners, joined by angel investor Amaury Bierent (Ovive and Optyma).

Lixo, founded in 2019 by CEO Marjorie Darcet, developed technological solutions for the waste management industry, helping with waste tracing and recovering it. The tools uses computer-vision and sensors in order to sort the waste and analyze its quality composition in real time. The company says it works with french partners, including waste collectors such as Veolia and Brangeon, sorting centers such as Tiru, ​​Sotraval, Kerval, recyclers Norske Skog , Freudenberg, Wellman and cross-functional and national players such as Citeo or Valorplast.

In New York, Supply Chain Management

Sustainable Retail Business Solutions from SAP Showcased During NRF 2022

The retail industry’s $3.9 trillion contribution to the U.S. annual GDP makes it the nation’s leading industry for private sector employment and uniquely positioned to address climate change.

As recently as the 2021 United Nations Climate Change Conference (COP26) meetings, the National Retail Federation (NRF) stated, “Retailers will continue inventing and implementing pragmatic climate change solutions because the needs identified at COP26 demand nothing less.”

To help retailers digitally transform to make their businesses sustainable, SAP is featuring a number of offerings, including these:

  • The new SAP Intelligent Returns Management solution was built to optimize the returns process for the retail industry. The solution uses routing and dispositioning decisions driven by artificial intelligence (AI) to guide products from customers’ hands to the final dispositioning steps, ultimately maximizing customer experience and company margins while also mitigating waste.
  • The recently updated SAP Assortment Planning application now offers advanced category management capabilities. It uses customer data science, assortment strategies, business rules and AI to plan space-aware, localized assortments with a user experience designed for the needs of today’s category manager. Customer-centric, relevant assortments increase customer loyalty, boost profitability and support a more sustainable supply chain.
  • The SAP.iO Foundries program is a network of startup companies with integrations to SAP solutions, including:
    • Algramo, offering a circular platform that encourages consumers to buy in a more convenient, affordable way with zero waste and connects people, brands and retailers in an engaging way to change consumption habits
    • EcoCart, helping thousands of e-commerce brands offer carbon-neutral products
    • Everledger, leveraging blockchain and the Internet of Things to offer transparency into supply chains for clarity on quality, origin, sustainability footprint and compliance standards
    • EVRYTHNG, helping customers run their businesses differently with real-time data intelligence from each of their products end to end, from factory to consumer and beyond
    • Inspectorio, with a dynamic and risk-assessment-based quality compliance program that provides digitalization, automation, transparency and traceability
    • LimeLoop, offering a platform for sustainable shipping including reusable packaging, real-time tracking and predictive analytics
    • Specright, providing a purpose-built platform for specification management that fundamentally changes how brands, suppliers, manufacturers and retailers manage data and collaborate to bring products to market

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In Berlin, Business Technology Platform

Hanko.io’s new FIDO2-based passwordless IAM solution features biometric capabilities

German startup Hanko.io has released a new passwordless Identity and Access Management (IAM) solution. Hanko Identity uses FIDO2 and WebAuthn technologies to entirely eliminate passwords from the login process.

Instead, the tool enables logging in via a technology that Hanko calls Passlinks, essentially magic links sent to a user’s email. The Passlinks technology works via Hanko’s Authentication API and creates a session for that user while simultaneously validating ownership of the email account.

After signing in via Passlinks, users will then be able to set up WebAuth login locally on the device, using biometric authentication.

For context, WebAuthn technology is currently supported on all end-user devices running Windows 10 and 11, Android, and most Apple devices.

According to the company, Hanko Identity is particularly easy to implement in a company’s own technology stack, while also being highly customizable through its white-label capabilities.

In addition, since the solution does not require the use of passwords at any time, tech teams will not have to deal with forgotten passwords, phishing attacks, or the compromising of user data through server hacks.

“The integration of two-factor authentication or biometrics on top of passwords can complicate the user experience and is often a more extensive software project that will cost time and, therefore, a lot of money,” comments Hanko CEO Felix Magedanz.

“We are happy that with Hanko Identity, we managed to build a solution that eliminates all these problems.”

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In Foundries, New York, HR & People Engagement

meQuilibrium Incorporates Biometrics Technology into its Digital Resilience Platform

meQuilibrium, the leading digital resilience platform, brings biometrics into its mobile platform through its innovative new Breathe Coach technology, which enables members to obtain heart rate variability (HRV) feedback anytime, anywhere on a smartphone. meQuilibrium is the first digital employee resilience solution to incorporate biometrics into a mobile platform, providing users with a non-invasive intervention for creating balance between breathing and heart rate in order to build the foundation for resilience from a physiological point of view.

meQuilibrium’s new Breathe Coach tool transforms the smartphone camera lens into a biometric sensor which analyzes members’ breath and heart rate with the touch of a finger. Breathing patterns are instantaneously displayed directly on the smartphone screen, providing immediate, visual heart rate and breath mapping feedback, plus aggregate improvements over time.

Breathe Coach guides users through the practice of resonance breathing, balancing the nervous system by aligning breathing with heart rate, which in turn, can reduce stress. Resonance breathing can be especially beneficial to the mind as it triggers a relaxation response in the body.

“Our new biometric technology integrates the physical with emotional and mental wellbeing, teaching users how to relax on command, reduce stress, calm anxiety, and manage other symptoms using the camera and screen of a smartphone,” explains Adam Perlman, MD, Chief Medical Officer and co-founder, meQuilibrium, who also serves as Director of Integrative Health and Wellbeing for Mayo Clinic Florida. “Breathe Coach unlocks the power of HRV and resonance breathing to ultimately train the mind and body to keep stress at bay.”

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In New York, Supply Chain Management

Cogniac Applauded for Enabling Widespread Commercial Adoption of Computer Vision Systems

After recent analysis of the global Computer Vision industry, Frost & Sullivan recognizes Cogniac with the 2021 Global Entrepreneurial Company of the Year Award for Computer Vision. The company develops easily deployable, cost-effective, and highly customizable Computer Vision solutions, enabling widespread commercial adoption across different industries. The Computer Vision platform is capable of ingesting video and images from virtually any visual inspection task. Tracking, detecting, comparing, contrasting and assessing product quality changes for analysis at a global enterprise scale.  Computer Vision systems are used in manufacturing and industrial environments such as automotive and mill and mining, where they increase quality and reduce cost. Such systems are also used for asset inspection, tracking, and management in transportation including railways and trucking, and in various logistics, government, and safety/security applications.

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In Tokyo, Supply Chain Management

3i Inc. Receives CES 2022 Innovation Award For Pivo Pod X

Pivo Inc. of 3i Inc., a metaverse technology company that develops products utilizing artificial intelligence (AI), augmented reality (AR), and virtual reality (VR), announced that it has been named a Best of Innovation Award Honoree at CES 2022. The announcement was made on January 3rd in the media event, which precedes the Consumer Electronics Show 2022 (CES 2022), the world’s largest consumer electronics exhibition show.

Pivo Pod X, Pivo’s award winning product, is the new addition to the company’s robust lineup of auto-tracking smart pods that enhance the capabilities of your smartphone. Pivo Pod X is a re-envisioning of the original Pivo Pod with its added software features, longer battery life and highly requested vertical tracking. The Pod X, along with its powerful suite of apps, enables creators to produce dynamic, high-quality photos, videos, 360° images and 3D virtual tours. Thanks to Pivo’s proprietary Face, Body, Object and Animal Tracking, creators are no longer limited to stagnant content, even when creating alone. The product is set to be released in the second quarter of 2022.

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In San Francisco, HR & People Engagement, Awards

Crosschq Sweeps the Table and Named a Leader Overall in the G2 Reference Check Software Winter 2022 Report

Crosschq, pioneers of the Talent Intelligence Cloud powering a revolution in data-driven hiring and people analytics, announced it has been named a Leader in the G2 Reference Check Software Winter 2022 Report. Crosschq beat out all of its competitors in the Momentum category for Reference Check Software, the Relationship Reference Check Index and the Implementation Index. Additionally, Crosschq’s customers have ranked the company best for ease of use and quality of support.

“Crosschq provides bias-free, data-driven insights and predictive analytics to quantifiably improve Quality of Hire,” said Mike Fitzsimmons, CEO and Crosschq. “This is the second year in a row where we’ve led in the reference check category. These latest G2 scores validate our mission to help the world build diverse, winning teams, as well as our commitment to empowering strategic talent leaders to make objective, data-driven hiring decisions that support and optimize business outcomes.”

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In Paris, HR & People Engagement

London’s learning management system Looop acquired by 360Learning for $20 million

arisian collaborative learning platform 360Learning has acquired Looop for $20 million in a mix of cash and shares. 360Learning received a strong vote of confidence last October when it announced a $200 million investment round co-led by Sumeru, SoftBank, and Silver Lake Waterman, and M&A activities were specifically mentioned. The Looop acquisition marks a first for the company, with presumably more announcements in the future.

Having had a front-row seat to the damage that substandard learning and development programmes can have on business, staff morale, and productivity, in 2014 Ben Muzzell and Dan Gray set out to build a better mousetrap. Employing a series of automations, Looop is a learning management system that eschews the repetitive manual work from the process, resulting in an embedded process that allows teams to create resources with as much, or as little, content as desired, sourced from any input, and delivered when needed.

In doing so, that mousetrap has struck a chord, as Looop reports consistently achieving outstanding satisfaction ratings on eLearning platforms including Capterra (4.9/5), G2 (4.9/5), and eLearning Industry (97%), and has become the defacto L&D provider to companies including Klarna, Monzo, Cazoo, and ASOS. If the credentials don’t already speak for themselves, Looop reports an annual growth rate of 100%, all while being cash flow positive.

From 360Learning’s perspective, the acquisition couldn’t happen at a better time. As the effects of the pandemic continue to play out, companies around the globe are beginning to see the Great Resignation kicking into gear and are pumping huge amounts of capital into talent retention, least of which, learning and development programmes. How much capital? According to Market and Markets, over the next four years, corporate spending on L&D will surge from the $15.8 billion seen in 2021 to a robust $37.9 billion by 2026.

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In Blog, Global, Venture Studio

Did you catch all our latest SAP.iO Venture Studio highlights?

SAP.iO sign

October — December 2021 | Achievements & News from SAP.iO Venture Studio

SAP.iO Venture Studio drives a new era of organic growth at SAP. It empowers entrepreneurial teams inside SAP to turn innovative ideas into profitable businesses and invests in these new employee-led ventures who are focused on solving some of the biggest problems in enterprise business processes. SAP.iO Venture Studio helps start and scale new ventures by providing design, and development and sales support. Find out more on sap.io/studio.

Brilliant Hire by SAP

rilliant Hire by SAP intelligently matches candidates with a personalized shortlist of jobs on your careers page based on what really matters to them, using Artificial Intelligence (AI).

  • Brilliant Hire received follow-on funding! Discover what the successful validation of the venture’s three-year product roadmap means for solving customers’ challenges in recruiting.
  • Thanks to AI, Brilliant Hire by SAP is able to simplify the recruiting process as announced in SAP TechEd’s News Guide 2021. Read here how AI is at the center of recruitment processes by SAP SuccessFactors with Brilliant Hire by SAP as a major component.
  • Best-in-class organizations are increasing the use of AI throughout their recruiting process which is exactly what Brilliant Hire by SAP expected. Learn more about AI in the recruitment process and what the venture’s General Manager Jeanine LeFlore has to say on it on Forbes here.
  • As the venture continues its success story, they are now actively looking for Developers, Project Managers, Engineers, and Analysts. Find all open positions on SAP.iO.

More on this venture on https://www.brillianthire.io/

EverLoop by SAP

verLoop by SAP aims to empower every business on the planet to achieve zero waste by being a sustainability solution that connects stakeholders across the waste value chain to enable the circular economy, with transparency and traceability.

  • The venture, its business idea and product development were discussed in a feature in national newspaper Times of India: A big moment for EverLoop by SAP after two years of delivering their solution to the market and help customers managing their e-waste and achieve zero.
  • Join the team as a Developer UI and apply now on SAP.iO.

More on this venture on https://www.ever-loop.io/

Feather by SAP

eather by SAP is an end-to-end recommerce solution that support brands and retailers that want to accelerate the shift from linear to circular business by taking ownership over their recommerce activities. Facilitate the in-house business processes, capture data, engage with the shopper, and own the end-to-end product life cycle.

  • We have a new kid on the block at SAP.iO Venture Studio! Feather by SAP finalized naming and branding and has a sparkling new brand identity: Check out their website and follow on LinkedIn.
  • The official investment announcement introduced the venture and its product’s benefits for SAP customers.
  • As part of SAP’s venture arm SAP.iO, Feather by SAP was also discussed as one of SAP’s sustainability software solutions. Read more news here.
  • Do you want to shape the future of a new venture? Feather by SAP is looking for a Frontend Developer, Full Stack Developer, Data Scientist, UX Designer, and Product Owner and they have numerous fellowship positions available. Find all open positions here.

More on this venture on https://www.featherbysap.io/

GreenToken by SAP

reenToken by SAP is a supply chain solution that offers companies new levels of transparency through reliable, blockchain-based information. Gain visibility into where raw materials came from and produce products with knowledge about where and how the materials were produced, even in complex, non-batch supply chains.

  • The venture looks back at a successful year with an exciting feature in SAP’s CEO opening keynote at SAPPHIRE NOW 2021, and more outings and media mentions, including:
    • Numerous LinkedIn articles and posts with over 70,500 views in total
    • Inspiring external speaking engagements
    • Features in external media articles in 2021, including Frontier Enterprise and Crypto News BTC
  • Congratulations are in order! The venture was nominated for Hasso Plattner Founders’ Award 2022 and is among the last 9 finalists. Check out the nomination video and announcement of the finalists.
  • GreenToken by SAP can also track hydrogen across supply chains to help businesses determine whether it is truly green. Need more on how on GreenToken by SAP’s supply chain solution can contribute to reducing current logistics challenges for the fuel of the future? Read more on the Wall Street Journal.

More on this venture on https://www.green-token.io/

Paid Promptly by SAP

aid Promptly by SAP drives cash into your business faster by automating receivable processes. Deliver a seamless, personalized, customer experience through Paid Pronto’s automated communication solution, beginning when an invoice is first released until payment is received.

  • Paid Promptly by SAP automates receivables to drive cash into businesses faster and sets a focus on customer correspondence. Listen to SAP’s Chief Financial Officer Luka Mucic and get a first glimpse of the importance of their work in this video
  • The venture has a big influence on SAP’s cash collection. This video shows how SAP has optimized this process with Paid Promptly by SAP.
  • Interested in working at this venture? They are looking actively for a Senior Full Stack Engineer.

More on this venture on https://www.paidpromptly.io/

Source Agent by SAP

reat sourcing shouldn’t be a secret. Source Agent by SAP gives you the insights and strategies to address spend intelligently and wow your stakeholders. Identify sourcing opportunities by aligning your spend to current market intelligence. Receive a targeted sourcing strategy and supplier recommendations based on your data and requirements for each spend category. Quickly convert strategies and plans into eSourcing event prep and execution.

  • Want more entrepreneurial insights into founding and scaling a business? The ventures’ co-founder Travis Matter and Will Caseber talked about their personal journey with Source Agent by SAP and SAP.iO. Read about their experiences here.

More on this venture on https://www.sourceagent.io/

In Blog, Global, Venture Studio, Funding Announcement

Brilliant Hire by SAP Shines Bright in Venture Capital Round

By Jacqueline Prause, SAP Global Content Team

The future shines bright at Brilliant Hire by SAP, a dynamic startup that believes in giving job candidates the agency to bring their whole selves to the companies of their dreams. Fresh off a round of venture capital funding, the employee-led startup has been given an extended runway to execute on its ambitious product vision for the talent acquisition market.

The new round of Series A funding, awarded by principal investor SAP, comes as businesses are struggling to fill jobs left open as a result of the global phenomenon known as the Great Resignation. Hiring has never been more fast-paced and competitive, with recruiters bearing the brunt of the pressure to hire workers more efficiently and achieve new standards for quality of hire. To gain an edge in attracting qualified and diverse job candidates, businesses are increasingly integrating AI-powered solutions in their talent acquisition strategy.

SAP is stepping up to address this need on behalf of customers that run SAP SuccessFactors Recruiting with an infusion of venture funding for Brilliant Hire by SAP, an employee-led startup in the SAP.iO Venture Studio, an innovation hub that helps employees start up and scale with SAP. As an organically innovated solution, Brilliant Hire by SAP brings customers the advantage that it integrates with and is developed in parallel to SAP SuccessFactors.

Delivering the Candidate-First Experience

With the successful validation of Brilliant Hire’s three-year product roadmap, Jeanine LeFlore, General Manager, Brilliant Hire by SAP, says the team is already building out the solution with new features to address some of the toughest challenges in recruiting. For many recruiters, providing an amazing candidate experience is now top of the agenda.

“The industry is at a crucial juncture right now,” LeFlore says. “Delivering a powerful candidate-first experience is paramount to the success of any company in the talent acquisition landscape today. At Brilliant Hire, we put the candidate at the core of everything we do, and this in turn is what drives the highest value for our customers.”

LeFlore sees the next stage of development as a golden opportunity to leverage the momentum Brilliant Hire generated in 2021. The team plans to build out its vision for an intelligent data platform that enables recruiters to develop authentic relationships with both active and passive candidates, while using data to create personalized journeys for candidates. She says, “We are seeing tremendous traction in the recruiting space with our smart job matching AI/ML- powered technology, and we’ve just scratched the surface. With this new round of funding, we will double down on building the most compelling candidate-first experiences that connect recruiters with both active and passive candidates — to meet them in their environment, rather than making candidates have to search.”

Attracting More Qualified and Diverse Talent

For companies seeking to hire more qualified and diverse talent, Brilliant Hire by SAP helps increase the visitor-to-applicant ratio on careers sites and empowers diverse candidates to apply for roles best fit to their qualifications. In an example of how SAP runs SAP, the global software company runs Brilliant Hire on its career page, which is a vital hub for the one million-plus members of its talent communities.

“With Brilliant Hire by SAP, we are able to leverage AI to elevate the candidate experience and help candidates find the SAP job that is best fit to their skills,” says Elke Manjet, Global Head of Talent Attraction, SAP, and Member of the Executive Board of Advisors for Brilliant Hire. “We are seeing strong results from our use of Brilliant Hire’s smart job matching feature, both in terms of KPIs and qualitative feedback from candidates. Candidates really like that they can immediately see if they are a strong match for an open position or if they qualify for other positions they had not considered — so that the best-fit jobs find the candidates and not the other way around. We want people to have an amazing experience along their SAP journey from the start, and we do that by presenting the very best of SAP technology and innovation.”

Brilliant Hire by SAP offers a pilot of smart job matching for SAP SuccessFactors customers on SAP Store with self-sign-up for customers in the U.S., Germany, and India. The team recently presented smart job matching during its Be Brilliant! webinar series, available for on-demand viewing here.

What is Series A funding for an intrapreneurial venture?

The SAP.iO Venture Studio supports employee-led ventures from small, entrepreneurial teams. Although these ventures are housed within SAP, they experience all the same growth opportunities and challenges that are typical for startups, including technology innovation, market fit and funding.

“Series A funding for an intrapreneurial venture is not unlike funding for an external startup,” says Ram Jambunathan, senior vice president and general manager, SAP.iO Venture Studio. “Our approach is to ‘build fast and learn things.’ Investments are made based on achieving aggressive milestones aligned to product development and business execution. Each venture in the Venture Studio has an executive board that holds it accountable to meeting milestones. What makes the Venture Studio such an exciting opportunity for SAP employees is that we empower employees to drive and own the progress and success of their venture. The Venture Studio provides an incubator environment that offers these ventures runway to develop transformational solutions that will ‘future-proof’ SAP and its customers.”

From Pilot to Venture — The Story of Brilliant Hire by SAP

The story of Brilliant Hire by SAP began with a passion for creative problem-solving, when a small team of developers at SAP Labs India pitched the winning solution at an SAP internal hackathon in 2016. It was the start of a remarkable entrepreneurial journey for the team and their pilot project.

“The inspiration for Brilliant Hire came from our own hiring experience,” says Hemant Shetty, co-founder, Brilliant Hire by SAP. He recalls his astonishment as he was interviewing many candidates to scale the team. “There was a 90 percent rejection rate in the first round of interviews. We realized that finding the right candidate is like finding a needle in a haystack.”

The experience gave the team insight into the pitfalls of the hiring process and opened the way for the launch of Brilliant Hire by SAP, which found seed funding after a successful pitch to the SAP Innovation Center Network (ICN) in 2017. “Hiring is time consuming and it includes human unconscious bias. At Brilliant Hire, we wanted to solve this and create experiences for recruiters as well as candidates,” Shetty says.

In 2018, the team joined the SAP.io Venture Studio to begin working full time on Brilliant Hire by SAP as an independent venture. Brilliant Hire has grown from a three-person pilot to a dynamic team of twenty passionate experts spread across India and the U.S., who bring a diverse range of experience to solving challenges in recruiting. With its third round of funding, Brilliant Hire by SAP shines a bright light on the possibilities for AI to elevate the candidate experience in talent acquisition.

“We believe in creating a world where a candidate’s dream job finds them,” says Swetha PB, co-founder, Brilliant Hire by SAP. “We’ve focused on building an intelligent and inclusive platform that provides companies the ability to build authentic relationships with candidates they want to hire and candidates to own their successes.”

The future of talent looks bright indeed at Brilliant Hire by SAP!

About Brilliant Hire by SAP

Brilliant Hire by SAP is a dynamic startup in the HR Tech space with teams in San Francisco and Bangalore. It offers an AI-powered application that integrates with SAP SuccessFactors to deliver a more personalized and inclusive candidate experience on companies’ careers sites, and streamline processes for recruiters. Brilliant Hire by SAP is a venture within the SAP.iO Venture Studio.

Find out more on www.brillianthire.io

About SAP.iO Venture Studio

SAP.iO Venture Studio drives a new era of organic growth at SAP. It invests in new ventures founded by small, entrepreneurial teams inside of SAP who are focused on building the future of enterprise business processes. SAP.iO Venture Studio provides design, development, and sales support to help these ventures launch.

Find out more on www.sap.io/studio

In Paris, Business Technology Platform

Maven leads £5.5 million funding round for transport tech platform Liftango

Liftango’s carpool platform helps larger employers and academic institutions to internally match drivers and passengers in real-time to minimise their carbon footprint, reduce parking congestion and create a convenient shared transport experience to and from offices or campuses.

The new investment should help the business take advantage of commercial opportunities in the transport sector, by recruiting several key sales and marketing staff as it looks to scale its operations in Europe and across North America.

Martin McLaren, investment director at Maven, said: “We are seeing a notable shift towards DRT solutions as organisations across the world seek to address parking, congestion, zoning and environmental issues attributed to transport.

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