Excerpted from Hunt Scanlon Media:
Skyminyr, a human capital intelligence platform, has raised $2.5 million in seed funding to accelerate the continued development of its AI-driven platform. Investors in the seed round for Skyminyr include Caldwell Partners, as well as financier Karmel Capital. Skyminyr has built a human capital intelligence platform, which will pair global top talent, across any industry with its new technology to help companies recruit, manage and optimize retention of its human capital. The funding will be used to accelerate the development and rollout of its platform, which combines talent acquisition, talent retention, and relationship intelligence. Skyminyr said that with a “new world of hybrid and remote work providing a vastly changed backdrop for employers, companies are faced with poor visibility on how to recruit, retain, and optimize the employee experience for the highest performers in the market.”
“Skyminyr was formed to do three things,” said Alex Bates, founder and CEO. “First, to deliver an unparalleled talent retention solution that enables companies to retain their highest performers, second to help recruit the best talent, and third to map out advanced relationship intelligence in the industry to help enterprises gain a massive competitive human capital advantage over their competitors.”
Skyminyr has assembled a founding team of talented executives. Mr. Bates is an entrepreneur who previously founded Mtell, which was acquired by AspenTech. He spent the early part of his career at Teradata, applying analytics to some of the world’s largest data warehouses. Other founding team members include John Mutch, former CEO of HNC Software and BeyondTrust, Rupert Minnett, whose doctoral research focused on deep learning and was also part of the Mtell team acquired by AspenTech.
New Advisory Board
Skyminyr’s advisory board of industry leading executives includes Brendan Castle, SVP and global head of recruiting at Google; Steve Cox, vice president of employee experience at Cisco Systems; Matthew Guss, executive search consultant at Russell Reynolds Associates; Betsy Wouldenberg, former CIA officer; and Jim Bethmann, a managing partner at Caldwell Partners.
Skyminyr has spent three years in development mode with a team of data scientists to apply AI driven, predictive algorithms to massive data sets of human capital correlated to organization’s success. The platform provides human capital insights to a company in comparison to its peers. It can serve as an early warning system for looming talent issues based on benchmarking. The platform also provides access to talent flow, allows companies to predict movements, monitor retention risk and increase employee engagement.