Acquisition provides unmatched ability to identify best fit talent, based on research about new signals for workplace success.
Cappfinity & Co. Limited, a global leader in strength-based talent assessment, announces today that it has completed its acquisition of Seattle-based Koru Careers, Inc’s predictive hiring business.
With the addition of Koru’s assessment of the Koru7™ Impact Skills and its predictive hiring platform, Cappfinity is now able to provide enterprise employers with the ability to assess a wider range of work-related strengths and predict the fit of job applicants using machine learning and AI technologies. With this acquisition, Cappfinity further establishes its US presence and opens its New York City head office at 450 Lexington Avenue in January 2019.
“We help employers to create a better aligned, motivated and – most importantly – more productive workforce,” said Dr. Alex Linley, CEO and co-founder of Cappfinity & Co. “Koru’s predictive hiring technology and deep expertise in soft skills will enable us to assess a new set of performance strengths such as grit, rigor and curiosity, and provide further insights for our customers with best of breed predictive analytics.”
Cappfinity products and services help employers to attract, select and develop talent using in-house proprietary algorithms and validation data.
“Our vision has always been to level the playing field for job seekers by providing access to opportunity based on a person’s capabilities, while helping employers hire the best-fit talent,” said Kristen Hamilton, CEO and co-founder of Koru. “As part of Cappfinity, Koru’s assessment and analytics products will be supported and enhanced by their incredibly talented team and will have broader global reach.”
The Koru product will continue to be offered to current and new customers and will be rebranded to Cappfinity over the next year. Cappfinity’s US headquarters will be in New York and Koru will be supported by a distributed team in Seattle and New York; Sydney, Australia; and London and Birmingham, UK.
Headquartered in Seattle, Koru is the leader in predictive hiring based on what really drives performance. Based on the Koru7™Impact Skills (Grit, Rigor, Impact, Teamwork, Curiosity, Ownership and Presence), Koru identifies the predictors of performance and develops models to assess fit of applicants in jobs. Koru is mobilizing the “Grit over Grades” revolution with some of the world’s leading enterprises. Koru was founded by veteran entrepreneur Kristen Hamilton, co-founder at Onvia and COO of World Learning, and Josh Jarrett, formerly of the Bill & Melinda Gates Foundation and McKinsey & Company.
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