We are excited to announce that our portfolio company, ENGAGE Talent, has been acquired by Workforce Logiq!
We co-led ENGAGE’s seed round with Refinery Ventures and High Alpha in 2018. Revolution’s Rise of the Rest seed fund participated in the syndicate. We are proud to have served on their board and assisted with business development and fundraising support.
“Full-credit for the success goes to Joe Hanna, Christy Whitehead, and the amazing team at ENGAGE. They were able to build and scale an incredible AI company in a few short years, showcasing the cutting edge innovation that is taking place in emerging markets across the U.S.” – Tim Streit
ENGAGE Talent enables real-time predictive recruiting and retention decision making. The ENGAGE Talent platform is relied on by global industry leaders, including Allstate, Dell, and Saint Gobain. Workforce Logiq is a global provider of workforce management software and services to large corporations.
Workforce Logiq’s CEO explained the rationale behind the acquisition: “ENGAGE’s data science expertise and proprietary benchmarks provide our customers with an analytical advantage to make better and faster decisions, and a predictive head start to attract and keep the market’s best talent.”
Read more here.