Knockri raises $3 million to reduce hiring bias and improve diversity

Knockri announced it has closed an oversubscribed seed round of $3 Million led by Differential Ventures to ‘transform talent acquisition and increase diverse hiring’.

Artificial intelligence

Knockri is a developer of artificial intelligence video-based soft-skill assessment and talent mobility solutions. Its hiring solution assesses skills of candidates by merging industrial-organizational (I/O) psychology and artificial intelligence to better quantify key performing skills for a job role.

Brilliant and innovative

Jahanzaib Ansari, CEO and co-founder: “Our ability to oversubscribe during this period of global unrest is a testament to our dedicated team and the world’s need for a fair and scalable hiring solution that is deeply infused in science and predictive analytics.”

“Shifts in hiring practices are likely to continue long after COVID-19. Knockri reduces the need for face-to-face interaction by assessing candidates remotely, and our mission to create a strong and safe talent acquisition process is more important now than ever. With our growing global footprint, coupled with customer allies seeing the benefits of our platform, we aim to employ evidence-based artificial intelligence across worldwide organizations as a catalyst for social change, while generating competitive advantages and transforming talent acquisition and identification functions.”

David Magerman, co-managing partner and chief technology officer for Differential Ventures: “Knockri has harnessed machine learning in a brilliant and innovative way to simultaneously improve efficiency and reduce bias in hiring. Their technology is ideally suited for dealing with many problems in enterprise hiring today, and Knockri’s product introduction is timed well to have a significant impact on improving fairness in hiring practices and speeding the growth of workforces as our economy grows.”

About Knockri

Knockri is an AI video based, soft-skill assessment tool, that helps reduce unconscious bias and shortlists the best fit job candidates to interview, during the early screening process of hiring. Knockri helps eliminate unsuccessful interviews, while identifying exceptional candidates and increasing candidate diversity by merging video intelligence, artificial intelligence and science to quantify soft skills like confidence and empathy.

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