(MENAFN- News Direct)
SEATTLE | May 19, 2022 09:00 AM Eastern Daylight Time
Today, groundbreaking DEI people experience platform, Included , announced it has raised a seed round of $3.5M and has achieved +400 percent growth in annual recurring revenue YTD. The people experience platform leverages artificial intelligence for sophisticated and modern insights to help companies make strategic hiring decisions. The seed round was led by Trilogy Equity Partners with participation from Flying Fish Partners , SignalFire and Alumni Ventures .
Included will use the funding to scale its engineering team and support Engineering, Product, Marketing and Sales to achieve its mission to become the end-to-end solution organizations use to effectively manage their DEI performance and strategy. The platform unlocks real-time, data-powered insights for companies looking to diversify talent pools and retain top talent through actionable insights. Included AI-powered recommendations help recruiters with diversity sourcing, diverse interview slates, and hiring panels while helping TA executives with workforce planning. Included seamlessly integrates with all applicant tracking software and HRIS systems.
“Traditional HR software was not designed with DEI in mind, making it difficult for companies to spot and support employees who statistically tend to slip through the cracks,” said Raghu Gollamudi, co-founder and CEO of Included.“Rapid technology advancements have allowed us to course correct and provide companies with modern tools for today's workforce. Our customers understand that DEI opportunities are essential to delight and retain diverse talent and we've made it easy to get it done.”
Building on its success, Included looks forward to working with Trilogy Equity Partners to scale the company and leveraging Alumni Network's expansive network to assist with customer acquisition. The company previously raised $1.9 million in a pre-seed funding round led by Flying Fish Partners, SignalFire and Ascend.
“Today's employees demand a people-first work culture and if companies want to attract and retain top talent they need innovative solutions to uncover and unlock the true potential of their workforce,” said Chuck Stonecipher, managing director at Trilogy Equity Partners.“We believe in Included's vision for the future of work and are eager to work with the team to ensure HR leaders and executive teams have the data to make the best decisions when it comes to DEI.'
Included gives companies the information they need to create data-driven hiring, promotion and retention strategies that drive progress on diversity, equity and inclusion. Founded by data privacy and DEI experts and using the latest AI technology, Included is able to identify specific areas where businesses can take further action to remove any potential roadblock from accomplishing their strategic goals. This is the first technology of its kind to analyze millions of scenarios across intersectional people demographics, per stage of the employee lifecycle, by department, professional level, geographic location, against DEI operational policies, equity in longevity, pay, promotion and much more within each company's own people data set and instantly deliver clear reporting and steps for action.
About Trilogy Equity Partners
Formed in 2006, Trilogy Equity Partners ( ) is an early stage venture firm based in Bellevue, Washington and led by former entrepreneurs and operators. Trilogy takes a hands-on, partnership approach to investing, with several closely held funds that seek to align investment opportunities with entrepreneurs who have a desire to build great companies over time.
(On the left) Chandan Golla, Co-Founder. (In the middle) Raghu Gollamudi, CEO and Co-Founder. (On the right) Laura Close, Co-Founder.
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