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The CEO of Gapsquare, Dr Zara Nanu, receives MBE

Dr Zara Nanu, CEO and Co-Founder of Gapsquare, part of XpertHR, has been awarded an MBE in the Queen’s Jubilee Birthday Honours list for services to tackling global workplace inequalities and promoting fairness and inclusion.

 

Zara’s commitment to ensuring diversity and inclusion began in her native Moldova. It was here that she worked to bring an end to exploitative people trafficking rings which forced women into sweatshops. It’s with this same determination that Zara has sought to bring equality to the workplace by founding Gapsquare in 2016; harnessing data and AI technology to help organisations put a stop to biases and prejudicial practices preventing equality.

Gapsquare provides business leaders with actionable insights about their company’s existing pay gaps through their flagship software FairPay® Pro. The organisation has helped over 80 organisations across the UK create fairer workplaces, including working with Wieden + Kennedy, Condé Nast and Accenture.

Zara is taking Gapsquare’s mission to end pay inequality global, working with business leaders to get pay equity on the agenda and implementing the pay technology in the United States.

A leading voice in the campaign for positive change and action, Zara is Chair of the Women in Business Task Group and a member of the Global Future Council on Equity and Social Justice at the World Economic Forum. She has also been recently appointed to the Shinkwin Commission focusing on diversity and inclusion in the workplace.

Zara Nanu, CEO and Co-founder at Gapsquare, from XpertHR, comments: “From my work in Moldova to using technology to tackle inequality with Gapsquare, I have been focused on creating a better world of work, one that has fairness at its core and is not held back by patriarchal structures. It is an honour to have this work recognised and I am incredibly grateful for the nomination. It’s heartening to see this work, and the values it represents, placed firmly on the national agenda.

“But our work is by no means complete, the impact of the pandemic means that the time it will take to close the global gender gap has increased by a generation from 99.5 years to 135.6 years. That is why I am focused on change at a global level, bringing Gapsquare to the US, and continuing to work with our leaders in the UK to deliver meaningful change for a fairer and more inclusive future of work.

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Automated Coaching Platform Cloverleaf Raises $9M in Series A funding to help organizations retain and grow teams

Cloverleaf, an automated coaching technology designed to bring out the best in workers and teams, has closed $9M in Series A funding. The round was led by Origin Ventures with the participation of ScOp Ventures, Mucker Capital, Queen City Angels, Airwing Ventures, 1809 and the JobsOhio Growth Capital Fund.

“Since we debuted in 2018 we’ve seen tremendous positive feedback from teams that use Cloverleaf – over 94 percent of our users reported improved performance,” says CEO Darrin Murriner. “With this new round of funding we can continue to build on that momentum and scale up on both our offerings and functionality, which will help grow our userbase and create more diverse and well-rounded coaching products for current and prospective Cloverleaf users.”

The Cloverleaf team, led by co-founders CEO Darrin Murriner and COO Kirsten Moorefield, is on a mission to help companies develop and retain staff and teams by unleashing their best work. By leveraging respected psychology data from behavioral assessments such as DISC and Enneagram, Cloverleaf helps coach team members through communication and collaboration tools they use every day, including Google Workplace, Microsoft 365, Slack, and Microsoft Teams.

Major organizations like Monster Energy, HP Enterprise and Kroger have turned to Cloverleaf to scale coaching and maximize employee talent. The platform also helps workplace consultants and coaches access unique insights to the way people and teams work, and helps sustain and scale their practice.

“At the heart of Cloverleaf’s mission is to provide managers and teams with tools to help them develop team cohesion, efficiency and understanding,” says COO Kirsten Moorefield. “Cloverleaf is designed with every aspect of the employee life cycle in mind – from hiring to mid-career and even at the end of an employment arrangement. We’ve found that with just one minute of engagement daily, the platform allows everyone to discover their unique talents and skills, and then allows for managers to leverage those skills in ways that are mutually beneficial for employees and team leaders.”

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5 SAP.iO Startups Identified as Leaders in Hourly Employee Management Tech in Consumer & Retail by CB Insights

Congratulations to SAP.iO startups Mercaux, Paradox, Skill Note, RealWear, and 360Learning who were identified by CB Insights as companies helping retailers and brands recruit, train, and retain their hourly employees.

CB Insights identified 170+ hourly employee management tech companies addressing 13 technology priorities, from communications and task management to augmented reality/virtual reality (AR/VR) training, that retailers and brands face. The purpose of the analysis is to provide technology buyers with an overview of the technology landscape and its market participants.

Read Report Here…

Sounding Board Wins 2022 HR Tech Award For Talent Development

Leader Development Platform Named Best Innovative or Emerging Tech Solution by Lighthouse Research & Advisory

Sounding Board, Inc., the first Leader Development Platform designed to bridge the leadership gap,shared that it has been named Best Innovative or Emerging Tech Solution for Talent Development by the Lighthouse Research & Advisory HR Tech Awards.

The annual program seeks to help buyers and employers learn about the best companies in the industry for technology selection purposes. An independent judging panel reviewed each submission and selected winners in six categories: Core HR/Workforce, Employee Experience, Talent Acquisition, Talent Development, Talent Management and Total Rewards and Employee Wellbeing.

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Mathison Raises $25 Million in Series A Funding

Mathison, a NYC-based provider of an end-to-end Diversity, Equity and Inclusion (DEI) hiring and retention platform, closed its $25m Series A funding.

The round was led by F-Prime Capital, with participation from Bain Capital Ventures, SemperVirens, ANIMO Ventures, GTM Fund, Gaingels and JP Morgan.

The company intends to use the funds to continue to build out its data and analytics capabilities, scale its go-to-market team and increase its collective impact with employers. As part of the round, John Lin of F-Prime Capital joined the board.

Led by Dave Walsh, CEO, and Arthur Woods, Mathison provides a DEI Operating System to give employers a single place to manage their:

  • DEI measurement, benchmarking and reporting
  • Diversity sourcing to expand the hiring pipeline
  • DEI training and tools to shift behavior and reduce bias

Designed to integrate into employers’ existing systems, the platform features DEI tools that can be implemented into every employee’s daily workflow and a comprehensive dashboard of DEI metrics for leaders.The solution has made a measurable collective impact, sourcing over 50,000 underrepresented candidates for employers, supporting the development of hundreds of new equitable talent policies across over 30 industries, and engaging more than 10,000 employees in DEI training to date.

Mathison works with a wide range of employers of all sizes including companies like Sonos, TripAdvisor, 23andMe, HelloFresh, Bowery Farms, Bristol Myers Squibb and non-profits from Sundance Film to The World Economic Forum.

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SAP.iO Foundry Shanghai Kicks-Off Future of Work Program

May 9, 2022SAP SE (NYSE: SAP) launched a Future of Work program in its SAP.iO Shanghai location. Launched in partnership with SAP SuccessFactors, the cohort scouted startups that have synergistic effects with human resource management in Greater China. After several rounds of selection, a jury of SAP experts, partners, customers, and investment funds selected 8 startups to join the spring program.

The Future of Work cohort has two themes this spring: intelligent recruitment and talent management. Over the next 16 weeks, the startups will have access to curated mentorship from SAP executives, exposure to SAP® technology and application programming interfaces (APIs), and opportunities to collaborate with SAP customers around the world.

The following startups are participating in the SAP.iO Foundry Shanghai Spring 2022 program:

  • ZMBeidiao: Zhima background check is a SaaS platform that makes it easier for employers to obtain job seeker information through big data.
  • Gaia Works: Gaia Works is a labor management cloud service platform, driven by machine learning algorithms, which can provide management labor force forecasting, scheduling, time attendance, working hours and sales performance, etc.
  • Cool College: Coolcollege is both an enterprise-level SaaS learning development platform and a learning management system. It provides enterprise users with an easy-to-use collaborative e-learning platforms and comprehensive corporate training services to promote the joint growth of business & talent.
  • Neufast: Neufast offers a SaaS cloud-based HCM with proprietary AI-powered multi-lingual video interview talent assessment system to help employers identify the right talent, increase recruitment efficiency and enhance diversity & inclusion for the Future of Work.
  • Joyowo: Joyowo is a digital HR service provider that provides a full spectrum of HR services, including Business Process Outsourcing, Recruitment Process Outsourcing, Gig worker management, to 85,000 enterprises in catering, retail, logistics industries, etc. In addition, Joyowo is building a HR SaaS+AI solution matrix to increase the efficiency of close-loop digital process.
  • AI RecruiTas: AI RecruiTas is an intelligent system for talent acquisition management. To be differentiated from the conventional digitalized recruitment ATS (applicant tracking system), AI RecruiTas has at its core the JYI (JinYu Intelliegence) Super Brain which applies end-to-end content & context semantics recognition as well as multimodal algorithms to Human Resources (HR) domain.
  • Mesoor AI: Mesoor AI provides leading integrated and intelligent talent decision-making solutions for medium and large enterprises. Through full-scenario data aggregation, ETL and data transformation, self-developed AI platform and BI data lake system, Mesoor AI has successfully helped HR in many companies including Geely, Taikang and BOE to achieve smart external recruitment decisions and matching between employee full profile and internal job opportunities.
  • Moka HR: Moka HR is a human resources SaaS provider, which can provide enterprises with end to end talent management solutions.

About SAP.iO

SAP.iO delivers new partnerships and products for SAP by accelerating and scaling startup innovation as well as incubating employee ventures. SAP.iO brings together innovators from every region, industry, and line of business to transform how businesses run. Since 2017, SAP.iO has helped 400+ external startups and internal ventures accelerate their growth while enabling thousands of SAP customers to access innovation. For more information, visit http://sap.io/.

Keep Your Eyes on These SAP.iO Human Experience Management Startups

Since 2017, SAP.iO has been working closely with SAP SuccessFactors in order to help build an ecosystem of innovation for HR leaders. As SAP customers continue to utilize SAP SuccessFactors solutions to ensure that their employees have the tools needed to thrive, they can now additionally access over 25 solutions from SAP.iO startups are integrated with SAP SuccessFactors and are available on the SAP Store for customers to discover, learn, and adopt.

Check out these Human Experience Management startups available on SAP Store that are leading the future of work and HR technology.

Caitlin MacGregor from Plum Featured on The RecruitingDaily Podcast

Caitlin MacGregor from Plum talks about the talent shortage on the latest episode of the RecruitingDaily Podcast.

Plum is a SaaS platform that leverages industrial, organizational psychology to assess people’s innate talents and understand what drives them and gives them a sense of self worth, and what drains them and leads to burnout. The platform can quantify people’s innate talents, like their ability to innovate, communicate, and work well with others.

They work with mid-size to enterprise companies, to help them in everything from hiring through onboarding, as well as employee development, internal mobility, workforce planning, succession planning, leadership potential, and taking this data across the employee lifecycle.

Listen Here…

Getting Into the Right Mindset: Pointers from Paradox to set you up for a successful journey with SAP

SAP.iO Foundry San Francisco graduate Paradox knows a thing or two about navigating the big, blue, bureaucratic ship that is SAP. From the get-go, Paradox considered SAP a strategic partner and came ready to commit to the path early on. From being the only digital recruiting assistant on SAP Store to use AI/ML to becoming an endorsed app in 2021(and a unicorn at that!), Paradox’s grit and mindset have helped them get a handle on the ins and outs of partnering with SAP, despite the various challenges. We sat down with Sylvia Miller, Paradox’s SVP of Alliances and Partnerships to discuss the mindset needed to optimize SAP as a channel partner.

On your mark, get set, learn!

One of the ways to make the most of your partnership with SAP? Come with a “ready-to-learn” attitude; consider yourself a student in the front row of SAP University! Sylvia emphasized the importance of asking questions, and being in a constant learning mode.

Some questions you should work to answer as an SAP Partner:

  • How does the SAP ecosystem function overall?
  • What are the general expectations of such a large enterprise? (from security and compliance to deadlines).
  • Who are the key stakeholders that I must align with, and how do I reach them?
  • What are the biggest needs and challenges of our mutual clients?
  • What tangible tips and nuggets can SAP.iO’s curated mentorship provide to me?
  • How can our startup organization and solution leverage SAP’s technology and open integration platform?

If you can’t answer these questions throughout your partnership journey, you will likely have a lot of difficulty in navigating a fruitful path forward. Once you do have the answers, there will be plethora of action items and follow ups for you to get to work on.

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wagely nets additional $8.3m in oversubscribed pre-series A funding

wagely, Asia’s fastest-growing financial wellness platform has raised $8.3 million in an oversubscribed pre-series A funding as the company scales its platform to help workers access their earned salaries on demand in Indonesia and Bangladesh. The funding comes in just seven months after securing its seed funding.

The oversubscribed round was led by East Ventures (Growth Fund) with participation from existing backers, including Integra Partners, the Asian Development Bank, Global Founders Capital, Trihill Capital, Blauwpark Partners, and 1982 Ventures which brings the total funding raised to $14 million in less than two years.

wagely also disclosed that it secured the backing of Central Capital Ventura, the VC arm of Indonesia’s largest private bank, Bank Central Asia (“BCA”). The investment into wagely underpins the commitment to expand the digital financial ecosystem and drive financial wellness solutions across Indonesia.

With stagnant incomes, rising costs of living, and lack of savings, workers are under daily pressure staying afloat financially. The options for this segment are very limited when faced with an urgent need for cash. The result is a vicious cycle of repeated reliance on payday loans and other costly financial products leading to omnipresent financial stress among the workforce. Launched in 2020, wagely is building a holistic financial wellness platform with earned wage access (“EWA”) at its core that lets workers of partner employers access their earned wages in real-time. The concept, which has been proven in several markets across the globe, has been adopted by some of the most renowned organizations, including Walmart, Pizza Hut, and Visa, to reduce turnover, enhance productivity, and increase business savings.

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Immerse Raises $9M in Series B Funding

Immerse, an Irvine, CA-based provider of a virtual reality language teaching and learning platform, raised $9M in Series B funding.

The round, which brings total capital raised to $11.5m, was led by Eagle Venture Fund and Mustang Creek Capital.

The company intends to use the funds to grow its team, to invest in continued product innovation and to launch its VR app onto other major VR platforms. Immerse plans to grow its global team from 12 to 35 over the next four months and is already hiring for a variety of education, engineering and marketing roles.

Led by CEO Quinn Taber, Immerse is a virtual reality language teaching and learning platform in the metaverse used in partnership with the world’s top language schools to deliver VR English language learning experiences to students in the Asian, European and Latin American markets.

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meQuilibrium and Executive Networks Release New Report on Trends Driving Successful Hybrid Work

Despite embracing new remote and hybrid work, employees fear being left behind in career advancement if they are not working onsite. A third of employees (32%) prefer the hybrid environment but nearly half (43%) believe in-person work is best for their career advancement. That’s according to a new survey of 912 full-time U.S. workers, “The New Hybrid Workplace, Built on Resilience, Transparency, and Trust,” co-authored by Jan Bruce (meQuilibrium) and Jeanne Meister (Executive Networks).

“It is no longer true that being physically present in the office results in more opportunities for career advancement, as the past two years of remote and hybrid work have shown,” said Jeanne Meister, Executive Vice President, Executive Networks. “For those employees working hybrid or remotely, the avenues for increasing their visibility within the organization are not always clear-cut.”

HR policies have largely focused on supporting on-site workers, because they traditionally have comprised the majority of the workforce. In fact, before the pandemic, only 6% of those employed worked primarily remotely and about three quarters of workers had never worked remotely, according to NCCI. But as more employees experience the value and flexibility of hybrid work, leaders must re-imagine the business landscape and communicate these changes to every employee.

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Perceptyx Acquires AI-Powered Coaching Platform, Cultivate

Perceptyx, the leading employee listening and people analytics platform, has acquired Cultivate, a pioneer in AI-powered leadership development. The deal will pair Perceptyx’s leading active listening and feedback platform with Cultivate’s best-in-class passive listening and digital coaching product, creating a powerful solution that closes the gap between signal and action in the employee experience.

Cultivate is a digital leadership platform that leverages AI to scale coaching across the enterprise, enabling stronger workplace relationships and empowering people leaders. Operating strictly on an opt-in basis, Cultivate captures existing behavior data in a leader’s own digital communication channels and delivers hyper-personalized leadership insights and recommendations. For example, leaders can see how often they give recognition or provide feedback, whether they make too many ad-hoc meeting requests, or if they communicate or share opinions equally across their team. Leaders can also improve collaboration and reduce burnout by inviting team members to design their ideal team norms, including their preferred times for meetings, brainstorms, focused work, or wellness breaks, and then Cultivate can measure if the team’s behavior is aligning with their preferences. Cultivate’s privacy-by-design approach and focus on employee empowerment ensures no data is analyzed without consent, and no personally identifiable metrics or insights are shared with others in the organization.

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SAP Startup Spotlight: Accredify

Quah Zheng Wei is the Chief Executive Officer and co-founder of Accredify. Zheng Wei leads the team in establishing the company’s strategic vision and direction, focusing on business development, partnerships, and sales. He started his career in BNP Paribas Investment Banking where he worked on corporate finance deals in the Energy and Natural Resources team. He later joined FOMO Pay, a payments fintech startup as the Chief Partnership Officer, and helped them grow from 120 to 2000 clients within 12 months. In this interview, he talks about what Accredify has to offer, how its solution works, and what’s next for the startup.

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