The skills gap crisis has been described by the World Economic Forum as one of the biggest challenges of our time, costing roughly US$11.5 trillion in potential GDP growth over the next decade. The world’s largest companies are starting to respond by implementing a skills-based approach to address their needs. However, the approach is segmented and limited to point solutions.
Helping teams to scale the opportunity (saving time and budget), HR tech start-up, Skillvue, is has annoucned a $2.8 million funding round for its AI platform to boost better talent allocation, higher capability to anticipate job market shifts and increase retention of high-performers.
The pre-seed funding round was co-led by Italian Founders Fund (IFF) – the first Italian venture capital created by start-up founders and led by Lorenzo Franzi and Edoardo Ermotti’s 14Peaks Capital. It included participation from Orbita Verticale, Ithaca 3, the Spanish fund Kfund (previously investors in the unicorn Factorial) and several business angels.