Skillvue secured $2.8M to advance its skills-based recruitment and assessment platform
Skillvue, a Milan-based startup founded in 2021, has raised $2.8 million in pre-seed funding to develop an AI-powered platform that supports HR departments in adopting skills-based approaches to recruitment and assessment, addressing the changing skillset requirements in the modern workforce.
The fast-paced technological advancements are fundamentally changing how we work, changing the skillset required to perform existing jobs, and creating new positions requiring skills that cannot always be directly matched to traditional qualifications, such as a college degree. Given this situation, companies are slowly turning to skills-based approaches to recruitment and performance assessments.
Skills-based approaches to recruitment let companies fill positions with candidates who may not hold a tertiary education degree or certificate but are just as qualified for a role, having acquired the relevant experience by alternative means, such as work experience or an apprenticeship. By adopting skills-based assessments, companies can place employees in roles where their contributions will be most impactful. Moreover, skills-based assessments can contribute to more efficient and cost-effective reskilling practices, as candidates and employees are no longer assumed to be starting their career path as absolute beginners.
Milan-based startup Skillvue was founded in 2021 by Nicolò Mazzocchi and Simone Patera to support HR departments adopting a skills-based approach to recruitment and assessment. Skillvue's AI-powered platform enables companies to perform asynchronous interviews focused on identifying suitable skills and predicting actual job performance, which makes the platform particularly valuable when hiring for roles where a traditional CV may not reflect candidates' skills accurately. Following the recruitment phase, Skillvue optimizes HR departments' decision-making processes by providing scalable AI-powered skills assessments that unlock more efficient placements, high-performing talent retention, and optimized career path building.
Skillvue recently raised $2.8 million in a pre-seed funding round co-led by the Italian Founders Fund (IFF) and 14Peaks Capital. The round was also supported by Orbita Verticale, Ithaca 3, and several business angels.
