Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions to promote and enable workplace diversity and inclusion. As there is a large number of startups working on a wide variety of solutions, we decided to share our insights with you. This time, we are taking a look at 5 promising startups tackling recruitment bias.
Heat Map: 5 Top Startups Tackling Recruitment Bias
Using our StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally, we looked at innovation in the field of human resources (HR) technology. For this research, we identified 120 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & scaleups developing innovative solutions tackling recruitment bias. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 120 companies we analyzed for this specific topic.
ASPIRE – Blockchain-Based Recruitment
Talent identification and recruitment is a continuous process and is key to managing any successful organization. Having the right person for the right job is also an intangible metric that impacts any organization. Artificial intelligence (AI) algorithms aim to overcome unconscious biases that are typically seen in recruitment practices today. Startups develop AI algorithms that are designed to negate recruitment bias while simultaneously making the hiring process more inclusive, diverse, and unbiased.
British startup ASPIRE develops a cloud-based recruitment platform. The startup uses machine learning (ML) algorithms and blockchain technology to enable customers to accurately identify, match, and connect to the right candidate, in an unbiased manner. The startup’s decentralized ledger further allows for quick and secure professional background checks of the candidates.
TwelveJobs – Anonymous Job Platform
Standard work resumes have many data points that fuel the systemic recruitment bias that employers currently hold. In order to stand out, job seekers get creative and include videos of themselves explaining why they are the right fit for the role. With the advent of Industry 4.0, the recruitment business is also seeing an increase in the automation of repetitive tasks. This further encourages startups to leverage AI and ML techniques to develop anonymous job platforms that tackle recruitment bias head-on.
The US-based startup TwelveJobs is building an automated job matching platform that leverages anonymity to reduce recruitment bias. The startup’s algorithm hides the information that might introduce bias, such as age, gender, and race, as well as socio-economic status. The startup enables employers to see scores for education, experience levels, motivations, and qualification, as well as the likelihood of candidates agreeing with the employers’ terms.
Career.Place – Unbiased Candidate Screening
Over the years, many hiring methodologies and approaches are slowly adapting to technological advancements. In addition to removing the need for humans to screen and assess numerous profiles, technology also increases overall employee satisfaction and reduces recruitment biases. Startups are building advanced AI algorithms to create solutions that counter implicit and systemic bias in the recruitment process.
The US-based startup Career.Place utilizes a candidate evaluation screening process to identify and match candidates with potential employers. All the candidates enter an anonymous evaluation funnel based on the client’s requirements. Moreover, clients receive access to potential recruits only after the filtering is complete. The unbiased candidate screening process reduces recruitment bias in the initial stages of the hiring process. As a result, the solution enables companies to be more inclusive and hire a diverse workforce.
Equalture – Gamification For Eliminating Bias
Diversity and inclusivity in the workforce have many advantages, including increased employee satisfaction. Happy employees are typically more productive, and tracking this metric enables companies to better understand and manage recruitment interactions. Human bias in recruitment is systemic and also has the potential to create a non-conducive work culture.
Dutch startup Equalture offers neuroscience-based gamification techniques to help companies remove social desirability and bias in their hiring process. The startup’s solutions aim to improve upon existing hiring methods in terms of assessing candidate behavior, adaptivity, and experience. Since candidates cannot guess which skills and personality traits are measured during each game, this hiring solution eliminates social desirability bias. This further allows companies to seek diverse candidates to build an inclusive workforce.
LaPieza – Applicant Tracking System
One of the tools that recruitment agencies across industries use is the applicant tracking system (ATS). The more robust the tracking system, the more efficient the hiring process also becomes. Technological advancements, such as cloud-based applications, provide the necessary computing power to analyze millions of data points on the internet and find the most suitable candidate for the job.
Mexican startup LaPieza provides a smart recruiting platform that eliminates the unconscious biases that human recruiters sometimes have. The startup designs the recruitment process around the lines of skills, knowledge, and experience levels. The startup’s applicant tracking system is easy-too-use and assists with job postings on more than 60 platforms. The automation of these processes enables the startup to enhance hiring productivity for its customers.
What About The Other 115 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence and enable you to achieve your goals faster. The 5 solutions tackling recruitment bias showcased above are promising examples out of 120 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.