Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into smart cities. This time, you get to discover 5 hand-picked startups tackling racial discrimination in leadership.
Global Startup Heat Map highlights 5 Top Startups tackling Racial Discrimination in Leadership out of 63
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 63 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups tackling racial discrimination in leadership that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 58 tackling racial discrimination in leadership, get in touch.
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BoardSeatMeet develops a Corporate Inclusivity Platform
The social unrest over systemic racial injustice in countries such as the US has prompted businesses to challenge racial inequity on a corporate level. As a result, companies aim to promote more people of color to their boards of directors. To this avail, startups build digital platforms that promote social capital between board members and diverse professionals who are ready to take up board leadership roles.
US-based startup BoardSeatMeet develops an AI-powered corporate inclusivity platform to accelerate diversity within corporate boardrooms. The startup’s platform facilitates the connection between candidates who pursue senior leadership roles and board members seeking new executives. The BoardSeatMeet platform allows candidates to find board members in their areas of interest. This later allows members to build professional connections via in-person or online meetings.
Diverst offers Employee Resource Groups Management
Employee resource groups (ERGs) empower minority groups in the workplace to facilitate equal rights and opportunities for promotion. ERGs also help cultivate a sense of trust and belonging within employees, thereby eliminating racial and cultural biases. To improve diversity and inclusion (D&I) strategies within organizations, startups develop ERG management tools.
Canadian startup Diverst provides ERG management software to bolster D&I in employment and diverse talent promotion. The tool features promotion tools that facilitate merit-based career opportunities, eliminating racial bias and prejudices in the workplace. Additionally, the software enables insights into all levels of the organization, helping business leaders identify and address diversity gaps.
Kanarys provides a Workplace Inclusion Assessment Platform
The mere image of workplace diversity uplifts the social perception of a company’s culture to either attract diverse talent or expand services to new customer demographics. However, a company’s pursuit of workplace racial diversity does not always guarantee workplace inclusion. To help candidates avoid non-inclusive workplaces, startups develop digital outlets that evaluate diversity across the organization and leadership. Furthermore, startups provide consultancy services to address the role leadership and diversity play in combating ethnic and gender biases in the workplace.
US-based startup Kanarys develops a platform for workplace inclusion assessment. The startup’s platform operates under the concept that diversity in company leadership results in workplace inclusion. It allows employees to evaluate their organizations across many indicators such as overall diversity, inclusiveness, and diversity in leadership. Kanarys helps companies identify gaps in their structure and improves candidates’ understanding of the workplace culture of their potential employer.
Develop Diverse promotes Diversity Recruitment
Since diversity in leadership leads to improved business outcomes, hiring for top positions requires elaborate recruitment pipelines and impaired judgment. However, recruiters’ unconscious biases or poorly formulated job and company descriptions sometimes repel diverse candidates, decreasing the quality of the candidate pool. To help avoid discrimination in the initial stages of hiring, startups develop language recognition tools that identify stereotypical expressions in recruitment texts.
Danish startup Develop Diverse offers AI-powered language processing software that recognizes stereotypical language for recruiting purposes. The startup’s tool, DD-scan, leverages natural language processing (NLP) and machine learning (ML) to detect implicit and explicit stereotypes in texts and suggest inclusive alternatives. The software also allows businesses to bias-proof recruitment and communication content to reach diverse candidates and enhance leadership teams with the best talent.
Nurole advances Board-level Diversity Recruiting
The traditional approach to hiring corporate board members heavily relies on headhunting. However, headhunting companies often have their own judgments and biases in candidate selection. Contrary to this, startups develop platforms for board-level recruitment to give companies a bigger role in the selection processes. Such solutions also provide candidates of different backgrounds and ethnicities with an outlet to apply to a leadership position.
British scaleup Nurole develops a board-level recruiting platform for hiring chairs, trustees, directors, and advisory board members. The platform connects companies with pre-approved candidates that match the required skills for the position. Moreover, it allows candidates to apply for top positions themselves instead of waiting for a call from a headhunter. This provides people of color a tool to actively propel their careers to leadership positions.
Discover more Startups tackling Racial Discrimination
The 63 startups tackling racial discrimination in leadership such as the examples highlighted in this report focus on diversity recruitment, workplace inclusivity, and Board-level diversity solutions. While all of these technologies play a major role in advancing equality, they only represent the tip of the iceberg. To explore more technologies addressing racism, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Industry Innovation Reports to save your time and improve strategic decision-making.
