Today, PredictiveHR, the SaaS platform company that enables
people analytics by utilizing machine learning to predict talent trends
and their financial impacts, announced it has raised $1 million in
financing from angel investors. PredictiveHR (PHR) solves the HR
reporting problem by connecting disparate, unstructured employee data
stored across numerous systems into one platform.
PHR’s AI platform normalizes all employee data that is unstructured and
stored across numerous human resource systems in to one data set
resulting in meaningful reports and true “predictive” people analytics.
The financing will be used to advance the company’s patent pending AI
technology, along with hiring and sales and marketing initiatives.
“PredictiveHR has a SaaS offering that represents a significant
evolution in the HR technology available to today’s practitioners,” said
Lee McNutt, co-founder, Silicon
Valley Growth Syndicate. “We see this as an underserved market where
HR executives do not currently have the right tools to properly utilize
the data available to them. As an early investor, I have watched PHR’s
platform create an increase in their customer’s employee productivity,
improve the management of talent and ultimately, help them reach their
business goals.”
PHR’s suite of products enable organizations to easily and effectively
harness the power of their company’s data. PHR’s solutions combine
predictive technology and third-party data to provide valuable insights
into retention, performance, engagement, productivity and the health of
the company’s workforce.
“The PHR team is excited about the opportunities in the market and the
ability to expand and continue to invest in our proprietary AI
technology and our sales and marketing efforts,” said Jamie Troiano,
founder and CEO, PredictiveHR. “We are thrilled about the support and
confidence we have received from our investors and look forward to
continuing to advance the human resource industry through our technology
offerings.”
PredictiveHR offers human resource executives an all-in-one people
analytics platform, which currently includes:
-
PHR Executive Lens: Customizable real-time dashboards that
provide deep insights and rich visualizations into a company’s human
capital. -
PHR Integrity: The AI engine that powers Executive Lens to
predict staffing levels, anticipate attrition, skills required,
employee performance, people engagement to financial impacts by
connecting people analytics to business outcomes. -
PHR System Implementation & Optimization Services: Human
Resource system design, implementation, integration and maintenance of
any HR system. Follow on support services include process
optimization, change management, training and documentation.
PHR is SOC II certified and GDPR compliant. Current clients utilizing
the PHR platform include Acquia, LogMeIn, Service King and SharkNinja,
to help manage their reporting and business growth.
About PredictiveHR:
PredictiveHR provides Human Resources
and C-Level executives with an unprecedented view into the overall
health of their talent operations. Harnessing the power of Big Data
through the PHR Artificial Intelligence Engine, clients are able to
consolidate disparate HR data into actionable analytics reports that
allow for precise strategic decisions about their most important and
expensive asset; their people. For more information, visit www.predictivehr.com
or find us on Twitter @TalentData
View source version on businesswire.com: https://www.businesswire.com/news/home/20190618005150/en/