Curated Intel from the Talent Tech Industry
August 2-8, 2021:
• Online recruiting platform launches for women of color in communications;
• Fast food chains to human employees: we like robots better than you;
• Instawork acquires Drafted to help companies leverage referrals;
• Shipping snags prompt US firms to mull pullout from China; and
• Pulsify bags $1.8M to advance its AI-based product for predicting people’s job performance.
• All Talent Technology & All About the Bottom Line. That’s what makes TAtech North America & The World Job Board Forum unique. It doesn’t treat talent tech solution providers as inferior to HR tech companies, but instead, focuses on and features them. Join us in-person on Aug 23-25 in Las Vegas!
Diversity Recruitment Platform for Women of Color Launches
ColorComm, Inc., the nation's leading platform addressing diversity & inclusion across the communications, marketing, advertising, and media industries launches first of its kind online recruiting platform for multicultural talent in communications, ColorComm Search. ColorComm Search is a user-friendly technology platform which creates intentional space for employers who are committed to creating a more diverse workforce in the communications, marketing, advertising, media, and creative industries. Candidates are directly connected to hiring managers at leading companies, where inclusion is prioritized. ColorComm Search will be available immediately to ColorComm's membership based network, and will expand to the Men of Color in Communications (MCC) community, friends and partners of ColorComm. ColorComm Search will be open to all by late Summer 2021.
Amid the Labor Shortage, Robots Step in to Make the French Fries
Fast-food chains are working with a host of startups to bring automation to their kitchens: In a White Castle just southeast of Chicago, the 100-year-old purveyor of fast food has played host for the past year to an unusual, and unusually hardworking, employee: a robotic fry cook. Flippy, as the robot is known, is no gimmick, says Jamie Richardson, a White Castle vice president. It works 23 hours a day (one hour is reserved for cleaning) and has operated almost continuously for the past year, manning—or robot-ing—the fry station at White Castle No. 42 in Merrillville, Ind. An industrial robot arm sheathed in a grease-proof, white fabric sleeve, it slides along a rail attached to the ceiling, lifting and lowering each basket when ready, immune to spatters and spills. White Castle is so pleased with Flippy’s performance that, in partnership with its maker, Miso Robotics, the chain plans to roll out an improved version, Flippy 2.0, to 10 more of its restaurants across the country.
Talent Platform Instawork Acquires Network Recruiting Provider Drafted
Talent platform Instawork announced it has acquired Drafted, a network recruiting platform that helps businesses hire by leveraging referrals. The acquisition will enable Instawork to utilize artificial intelligence and machine learning to help grow its pool of skilled hourly professionals. Terms of the transaction were not disclosed. The deal follows an announcement last month that Instawork raised $60 million in Series C financing, bringing total funding to $100 million. The Drafted platform will support Instawork’s recruiting and rewards program, and also provide tracking and management tools to streamline and drive efficiencies within the referral and hiring process.
Shipping snags prompt US firms to mull pullout from China
Game maker Eric Poses last year created The Worst-Case Scenario Card Game, making a wry reference to the way the coronavirus had upended normal life. In a twist that Poses never could have predicted, his game itself would become caught up in the latest fallout from the health crisis: a backlogged global supply chain that has delayed shipments around the world and sent freight costs rocketing. Other American companies are making similar calculations: 52% of the U.S. manufacturing executives surveyed by the consulting firm Kearney said they have started buying more supplies in the United States in response to COVID-related supply disruptions. Forty-seven percent said they plan to reduce reliance on supplies or factories from a single country; 41% specifically said they wanted to cut their dependence on China.
AI-Based HR Tech Startup Pulsifi Bags $1.8M In Angel Funding
AI-driven HR tech startup Pulsifi announced that it has raised $1.8 million in angel funding. Apart from the existing investors, new investors such as Aaron Chen, founder of KVC group of companies, Kairous Capital, and Rajesh Lingappa, co-founder of RedMart joined the round. The latest investment brings the startup’s total funding to $4 million. Based in Singapore and Malaysia, Pulsifi claims to help organizations and people discover their potential through predictive AI technology. The startup combines organizational psychology and data science into a powerful AI SaaS platform. After unifying multiple sources of people data such as CVs, psychometric assessments, video interviews, Pulsifi’s People Data Platform understands hard skills and soft traits, uses AI models to accurately predict work outcomes, thus helping enterprises significantly improve quality and efficiency in talent acquisition and talent management.
TAtech North America & The World Job Board Forum is Talent Tech Only & All About Bottom-Line Success
TAtech’s annual blockbuster conference will be the first IN-PERSON event in the talent technology industry in over a year. To be collocated with the SHRM Talent Management Conference & Expo – enabling you to score B2C and B2B meetings in a single business trip – TAtech North America & The World Job Board Forum will be held on August 23-25 in Las Vegas. The conference puts the business of talent technology front and center, not off in some corner of a huge HR tech conference. It features the TAtech Deal Center for exploring strategic partnerships, possible mergers and acquisitions, and new product developments as well as one-of-a-kind thought leadership and networking.