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CENSIA Raises $21m in Series A Funding to Bring Bias-free Intelligence to Human Capital Management

Censia, a leading provider of Talent Intelligence technology, today announced it has raised $21M in Series A funding in a round led by Marbruck Investments. Marbruck joins existing investors Streamlined Ventures, Merus Capital, The CXO Fund, and CerraCap bringing the company’s total funding to over $30 million.

With this funding, Censia will expand go-to-market efforts, scale their API-first offering, and continue product innovations for talent acquisition and workforce planning powering HR technologies of the future with AI.

Censia was built on the belief that unconscious bias in talent decisions is affecting billions of highly capable people around the world from getting opportunities they deserve, contributing to the talent shortage, and impacting organizations’ bottom line.

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Strengthening Inclusivity through AI

Kishau Rogers is the Founder & CEO of Time Study, Inc., a venture-backed startup offering solutions for using machine learning, advanced natural language processing, and data science to automatically tell a story of how enterprise employees spend their time. She has a deep background in computer science, over 25 years of experience building enterprise technology solutions and more than 15 years of entrepreneurial leadership. This episode features discussions of current diversity issues and how Artificial Intelligence can empower underrepresented communities through inclusive algorithms in the future.

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Why Inclusive Entrepreneurship Could Mean More Time For Healthcare Employees To Save Lives

Throughout the pandemic, businesses and individuals have been reminded of the fragility of time and the notion that it can never be recovered. With pre-pandemic routines shifting, organizations and their employees are now questioning how to make more time for the things that matter most. Perhaps the industry hit hardest by this is one that is arguably the most in need of more time— healthcare.

Healthcare employees traditionally must complete lots of administrative work because of strict industry regulations. This has only amplified during the pandemic. Additionally, healthcare professionals often waste time doing indirect patient care like searching for medical supplies or time reporting for regulatory and billing use. Unfortunately, this pattern hinders care efficiency and takes focus away from the patient.

High-intensity and unsafe work environments have quickly revealed the pivotal role healthcare organizations play in decision-making that protects the needs of frontline employees. With 42% of physicians experiencing burnout, Kishau Rogers launched healthcare startup Time Study already knowing the solution must not just improve operational efficiency, but it must enhance the lives of the people treating the patients.

Valuing the Time of Healthcare Employees

Time Study is a system of time management that focuses on the heartbeat of the healthcare industry: humans. The cloud solution uses intelligent time tracking to monitor how physicians and other healthcare employees spend their time at work. This equips hospitals with data insights to make human-centered business decisions that improve the employee and patient experience.

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Timeshifter selected as one of Fast Company’s 2021 World Changing Ideas

Timeshifter is recognized by Fast Company for its accomplishments in translating sleep and circadian neuroscience into real-world tools with the potential to improve the lives of billions of people.

NEW YORK, NY (May 4, 2021) — Fast Company’s 2021 World Changing Ideas Awards were announced today from a pool of more than 4,000 entries, honoring the businesses, policies, projects, and concepts that are actively engaged and deeply committed to pursuing innovation for the good of society and the planet.

Timeshifter, the creator of the world’s first technology platform for circadian timing, received an honorable mention. Timeshifter enables people to proactively “shift” their circadian clock quickly or “shift” the timing of an activity to the optimal circadian time. This gives Timeshifter the unique and patent pending ability to solve several universal and multi-billion-dollar problems.

Timeshifter has already solved jet lag with an app it launched in 2018 — now the most-downloaded and highest-rated jet lag app in the world. Later in 2021, Timeshifter will launch a new app to help shift workers optimize their sleep, alertness, health, and quality of life. At least 20% of the global labor force are shift workers, changing to a new schedule soon after they adapted to the previous one, or never adapting at all. Timeshifter has also begun strategic work in the field of peak performance and chronotherapeutics that aims to treat illnesses according to circadian rhythms.

Our circadian clock controls almost every biological system in our bodies — from our sleep-wake cycle and mood and performance patterns to our metabolic, immune, and reproductive systems, and even many of our genes: By including Timeshifter as an honoree, Fast Company highlights the growing consensus that circadian science is the new frontier in human performance and personalized medicine.

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Digital behavioural health platform SilverCloud and HSE expand online therapy across Ireland

Digital mental health platform SilverCloud Health, with headquarters in Boston, Dublin and London is making its services available to users nationwide through Ireland’s Health Service Executive (HSE).

In 2018, the company partnered with the HSE on a pilot programme to offer online psychological tools for depression and anxiety to primary care psychological services and now plans to expand these services in Ireland. 

WHY IT MATTERS

The platform provides evidence-based clinical content, programmes and support for users struggling with their mental health and chronic illness.

A study by the NHS into SilverCloud showed a 50% reduction in symptoms following eight weeks of sessions and improvement in 27% of cases.

The service will also open up referrals from a larger pool of sources, including GPs and Jigsaw, the national centre for youth mental health. SilverCloud’s mental health services are used by 650,000 people globally, acquiring 30,000 new users every month and providing more than 40% of all NHS mental health services.

This surge is in part due to an increase of people seeking support with their mental health during the COVID-19 crisis.

SilverCloud has raised more than €25.5 million from investors to date. In April 2020, the company raised $16 million (€13.6m) in Series B funding to expand into all 50 US states.

Meanwhile, London-based AI digital therapy service HelloSelf raised £5.5 million in Series A funding to expand mental health provisions for post-pandemic Britain. 

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Building an Ecosystem of Innovation for HR Leaders with SAP.iO

With so many changes in the workplace, companies need access to solutions that enable them to be flexible and innovative. Through SAP.iO Fund and SAP.iO Foundries, SAP helps ensure that customers can easily access the latest technologies.

The SAP.iO Foundries program is the company’s global network of equity-free startup accelerators that help promising startups integrate with SAP solutions and accelerate their entry into a curated, inclusive ecosystem whose offerings can be easily accessed and deployed by SAP customers.

This fall, the SAP.iO San Francisco Foundry will kick off its second human experience management (HXM) cohort focused on experiential learning, internal talent mobility and management, agile team management, talent assessment, workforce modeling and human resources (HR) analytics, and culture.

On September 2, SAP leaders and senior HR leaders from BeiersdorfCintasGerdauMicrosoft, and NTT DATA Services met virtually for selection day to hear 13 innovative startups present their solution and identify the final six startups that will participate in the cohort. The selected HR startups extend the capabilities of SAP SuccessFactors solutions. By participating in SAP.iO Foundries, they will receive curated mentorship and support to build out their integrations with SAP SuccessFactors solutions in order to become an SAP partner and list their solution on SAP App Center.

“I loved watching the startups present,” said Vicki Furnish, vice president of Human Capital at NTT DATA Services. “Their creative approaches to the current HR challenges we are facing were inspiring and would definitely have a positive impact on our recruiting and talent initiatives.”

Selection day provided SAP customers with the opportunity to learn about new solutions that can help address challenges they are facing, such as maximizing learning engagement, building a more diverse and inclusive workforce, and supporting employees’ mental health. At the same time, the startups presenting received input and feedback on their solutions.

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Keep Employees Connected, Productive, and Healthy with Innovative HR Apps

This is a year that will not soon be forgotten, where all aspects of life were turned upside down. In 2020, COVID-19 has caused the world to rethink human interaction and forced companies to shift how they do business.

Had the pandemic hit 10 or even five years ago, the response and recovery would look much different. Individuals and businesses have responded with remarkable resiliency providing hope for a better future.

Every organization, no matter its size or business model, has had to reexamine how it does business and keeps its workplaces safe. Ensuring hand sanitizer is readily available, surfaces are regularly disinfected, and layouts are configured so employees and customers can maintain proper social distancing are just the basics. Introducing touchless door systems for conference rooms, bathrooms, and even elevators; offering flexible work schedules; and making it possible for workers to pre-order meals from the cafeteria so they can really “grab and go” and not spend extra time waiting in lines are further examples of what companies are doing from an infrastructure point of view.

These changes impact the employee experience. Think of the experience of workers returning to their jobs on the factory floor or in the office. Will they be required to have their temperature checked daily? If so, how long will the wait be and will they end up lining up outside in unpleasant weather to do so? Or how are employees handling the added stress of so much change and uncertainty? They may be caring for a sick parent, trying to homeschool their children, or dealing with a partner whose income has been cut. On top of that, the interactions employees have with others that make work more enjoyable have changed or gone away. Lunch together at the cafeteria, an impromptu coffee meeting, or simple chitchat between office mates or workers on the production line are different post-pandemic.

For HR leaders, it is necessary to take all of these things into consideration to keep employees engaged and productive.

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HR Tech : Les Français attendent que les entreprises réfléchissent à la « qualité de vie en télétravail »

Odoxa et SAP ont interrogés les français sur leurs qualités de vie en télétravail 

Les enseignements clés du sondage :

Les Français attendent que les entreprises réfléchissent à la « qualité de vie en télétravail »

  • Qualité de vie au travail des télétravailleurs: 93% des Français attendent une meilleure réflexion des entreprises.
  • 96% d’entre eux pensent qu’il est important de travailler sur l’équilibre vie privé/ vie professionnelle ; 89% sur le lien entre collègues et 88% sur les risques de burn-out et de surmenage
  • En dehors d’un mail organisationnel (51%), les entreprises ont utilisé peu d’outils pour améliorer la vie au travail des télétravailleurs
  • Equilibre vie pro/vie perso (96%), lien social (89%), risques de burn-out (88%), formation (80%) et management à distance (80%) : toutes les dimensions de la réflexion sont importantes aux yeux des Français.

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SAP Kicks Off SAP.iO Foundry Paris for HR Tech Startups

PARIS SAP SE (NYSE: SAP) announced that SAP.iO Foundry Paris today kicked off its new accelerator program focused on human resources (HR) technology and the future of work.

Over the next 12 weeks, SAP will accelerate eight HR technology startups that will revolutionize recruiting, talent management and collaborative learning for human resources.

The selected startups will have access to technical integration guidance, curated mentorship, exposure to SAP technology and opportunities to collaborate with SAP SuccessFactors customers. Five major SAP customers also will collaborate with and help guide the participating startups.

“Digital capabilities and new ways of working are shaking up companies and HR departments,” SAP.iO Foundry Paris Director Sébastien Gibier said. “To remain attractive, companies today are looking to create a unique end-to-end employee experience. This is the first time that we have mobilized these many customers to engage with startups from the beginning of the program. It presents a unique opportunity for companies to create new experiences for their employees.”

The SAP.iO Foundry Paris cohort includes the following startups:

  • 5Feedback is an application for employees to receive continuous, real-time feedback from their professional contacts. This strengthens team commitment, promotes development and improves the company performance.
  • 360Learning is a collaborative learning platform that in just minutes creates impactful courses for collaborative learning across the enterprise workplace.
  • eLamp is an AI-driven, business-oriented solution that identifies and maps employee skills in real time, improving HR processes and operational performance across a company.
  • Firstbird, the leading employee referral program for recruiters, connects people with companies worldwide.
  • RandomCoffee is a software-as-a-service (SaaS) solution that facilitates employee meetings according to predefined company rules.
  • Timeular helps users and companies gain powerful insight into how they spend their time to more productively manage it.
  • Workelo is an SaaS platform that creates an innovative, engaging and collaborative experience for onboarding and offboarding, while saving managers and HR professionals up to 68 percent of their time.
  • Yogist is a complete and innovative method co-developed with psycho-ergonomists and osteopaths for addressing health and well-being at work.

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