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This Dutch startup founded by twin sisters secures €1M to prevent bad hires

Editorial team by Editorial team
February 17, 2020
in HR & recruitment, (Crowd)funding, News, Startups
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This Dutch startup founded by twin sisters secures €1M to prevent bad hires
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Based out of Rotterdam, Equalture uses predictive hiring software that supports fast-growing companies in building winning teams by identifying a team’s needs, determining ideal candidates, and predicting the success of each candidate within a role as well as within an organization.

Recently, the Dutch company has secured a €1 million investment from InnovationQuarter and 4impact. This funding will enable the company to expand its team and scale up its customer base.

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Charlotte Melkert, CEO of Equalture: 

The investment by 4impact and InnovationQuarter will enable us to achieve our international growth targets. We are delighted that both 4impact and InnovationQuarter have placed their confidence in us. Due to the combined experience of these funds, we now have the necessary tools to turn our ambitions into results.

Unbiased selection of candidates!

Founded by twin sisters Charlotte and Fleur Melkert, Equalture aims to help build top-performing teams by predicting optimal composition and preventing ‘bad hires.’ 

According to the company claims, the recruitment solution ensures an unbiased selection of candidates by using algorithms, gamification, and artificial intelligence to predict the success of a candidate in a given position and within a team.

Improves quality of matching profile!

The self-learning nature of the algorithms used to create the Equalture software solution ensures that the quality of the matching profile continuously improves and results in a more efficient and accurate hiring process.

Offers innovative recruitment experience!

These neuro-assessment games map a candidate’s skills, intelligence, and personality traits. To help predict an excellent cultural fit, the team which the recruited candidate will join is also tested, mapped, and included in the score of the matching profile as are relevant industry benchmarks.

Liduina Hammer, head of investments at InnovationQuarter: 

It’s great to see two young entrepreneurs having such an impact by applying AI to recruitment, enabling their customers to select job candidates without bias. Among other things, this helps promote diversity within the labour market. With this investment, InnovationQuarter is also contributing to the objectives of the FundRight statement signed on 19 May to boost women-led entrepreneurship in the Netherlands.

Main image credits: Equalture

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