Amsterdam-based TestGorilla has raised $70 million in a Series A funding round. Leveraging an extensive testing library covering a wide range of job skills, the startups’ goal is to effectively remove unconscious bias in the recruitment process. The $70 million is slated to be used to further expand the platform’s test library as well as onboard 100 new team members in the coming year. To date, TestGorilla has harvested approximately $80 million.
Already employed by the likes of Sony, PepsiCo, Bain & Company, Oracle, Revolut, H&M, and the UK’s National Health Service, TestGorilla’s offer has been so effective that their client base posts numbers north of 5,000. Bear in mind, that the company launched in the summer of 2020.
“Too often, the recruitment process requires hiring managers to spend hours screening unreliable, incomplete, subjective CVs,” commented TestGorilla co-founder Wouter Durville. “By replacing resumes with more than 220 scientifically validated tests, our platform helps to eliminate hiring bias, creating a level playing field where every candidate can compete on equal terms.”
On the investment, Atomico’s recently appointed partner Luca Eisenstecken, who joins the TestGorilla’s board as part of the investment commented, “Finding the right people is increasingly challenging for even the world’s best brands, and the pandemic has opened employer eyes to huge untapped pools of global talent.”
Balderton’s James Wise added, “Our portfolio companies hire more than 10,000 people a year and across the board, they have been looking for ways to remove bias while giving candidates the best hiring experience. It’s clear that traditional hiring practices have failed on both these fronts, and that this has only been exacerbated by Covid-19 and the rise of remote hiring,”