Censia Talent Intelligence was created with one simple goal in mind: to create a more equitable and efficient global workforce and to tackle the unconscious bias that keeps millions of people from reaching their full career potential.
We do this by cleaning and organizing talent data from more than 2,000+ sources and building actionable insights from that clean data using the most cutting-edge system intelligence. This takes the guesswork (and sometimes biased gut decisions) out of the talent acquisition (hiring, passive sourcing) and talent management (internal mobility and workforce planning) and empowers companies with the insight they need to find, reskill and promote the best talent for their companies.
But you knew that already! You’re here to learn about our funding announcement.
Well, we are incredibly proud to announce that we just closed $21 million in Series A funding. The round was led by Marbruck Investments, which joins existing investors Streamlined Ventures, Merus Capital, The CXO Fund, and CerraCap. This brings our total funding to over $30 million.
We will be using these funds to scale our headless API-first offering, expand our go-to-market efforts and drive product innovations for talent acquisition and workforce planning. These will happen alongside a continued expansion of our integration partners, including Workday, iCIMs, SAP SuccessFactors, Recruiter.com, Jobvite, Greenhouse, Phenom, Lever, and Smart Recruiter.
How we recruit, hire and promote is uninformed, subjective, and manual. Censia is changing that by democratizing talent information around the world. By building a Talent Intelligence Platform that contextualizes billions of data points on public and proprietary data, Censia enables enterprises to make bias-free data-driven people decisions. It is a win-win for business and humanity.
– Joanna Riley, CEO and Co-Founder of Censia
We all know that 2020 was a critical year for talent: companies were simultaneously downsizing, hiring, undertaking digital transformation, and going remote. The talent landscape completed transformed in the course of a few short months. Once companies got their bearings, they realized that they had to change how they find, promote and reskill talent if they wanted to survive. This led to 10x growth for Censia in 2020, and it has shown no sign of stopping in 2021 as the great talent migration commences and people look to change their jobs and finder a greater work-life balance and fulfillment.
The need for Talent Intelligence technology in the current market landscape is overwhelming. Teams need a way to do more with less, increase their productivity, and stay on top of new and emerging skills. Censia is poised to provide huge value for businesses guiding them with data needed to accomplish that and more.
– Ullas Naik, Founder and General Partner of Streamlined Ventures
We are so grateful for the support we’ve received along the way, especially that of our clients and our partners SAP SuccessFactors and PwC.
Here’s to getting one step closer to creating a more prosperous future of work for everyone!