AdeptID, a Boston MA-based talent matching software company, raised $3.5 million in Seed funding.
The round was led by Zeal Capital Partners, with participation from Better Ventures, JFF’s Employment Technology Fund. In conjunction with the funding, Nasir Qadree, Managing Partner at Zeal Capital, will be joining the company’s board.
The company intends to use the funds to accelerate software development and scale distribution through its API partners.
Company: AdeptID
Raised: $3.5M
Round: Seed Round
Funding Month: December 2021
Lead Investors: Zeal Capital Partners
Additional Investors: Better Ventures, JFF’s Employment Technology Fund
Company Website: https://www.adept-id.com/
Software Category: machine-learning-powered talent matching software
About the Company: Led by CEO Fernando Rodriguez-Villa, AdeptId provides machine-learning-powered talent matching software to support hidden talent in the workforce. The company, a Public Benefit Corporation, aims to close the labor gap by identifying underlying, transferable skills in the 80 million Americans without college degrees and connecting talent with relevant in-demand jobs or high-impact training. Since launching the public API earlier this year, AdeptID has already licensed its AI models to YearUp, Generation USA, and Enel Green Power to programmatically improve their talent strategies and facilitate an inclusive approach to discovering and developing talent.
Source: https://www.finsmes.com/2021/12/adeptid-raises-3-5m-in-seed-funding.html