# Equalture

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/equalture-b-v

- Industry: Software
- Headquarters: Rotterdam, Netherlands
- Website: www.equalture.com
- Total disclosed funding: $1.1M
- Latest round: Seed (Feb 14, 2020)
- Investors on record: 2

## About

Equalture B.V. is a recruitment technology company that specializes in competency-based solutions through innovative game-based assessments, enhancing the hiring process by objectively evaluating candidates' skills and potential while minimizing biases.Founded in 2018 in Rotterdam, Netherlands, Equalture B.V. develops advanced recruitment solutions. The company has raised EUR 2.75 mn in funding, co-led by Shoe Investments, with participation from 4Impact and InnovationQuarter. The founder, Charlotte Melkert, has a strong background in recruitment technology, aiming to transform hiring practices. The firm has completed 2 deals, with its most recent funding round occurring on February 1, 2022, marking a significant moment in its growth trajectory.Equalture specializes in competency-based recruitment solutions, primarily through its innovative game-based assessments. These assessments are designed to objectively evaluate candidates' competencies, skills, and potential without the biases typically associated with traditional hiring methods, such as CV evaluations. The technology aims to enhance the hiring process by identifying the key competencies that drive success in specific roles, utilizing features like Internal Benchmarking that compare top performers' competencies with industry standards. Equalture's offerings cater to a diverse range of clients, including large enterprises such as DHL Express, VodafoneZiggo, FrieslandCampina, and G4S, across various sectors including logistics, customer service, and manufacturing. The company operates in multiple geographical markets, primarily serving clients in Europe, with a focus on transforming the hiring landscape to ensure fair and inclusive practices.Equalture generates revenue through a subscription-based model, allowing clients to access its suite of assessment tools and services on a recurring basis. Clients engage with the platform to streamline and enhance their hiring processes, benefiting from automated candidate invitations and screenings that integrate seamlessly with existing Applicant Tracking Systems (ATS). This revenue structure is supported by partnerships with enterprises that require tailored solutions for volume recruitment, enabling them to efficiently identify and select top candidates. The firm’s flagship offerings, centered around game-based assessments, position it as a provider of unbiased hiring solutions.In February 2022, Equalture B.V. raised EUR 2.75 mn in venture funding to expand its international customer base and enhance its library of game-based neuro-assessments. The company plans to use these funds to develop new products that will help organizations evaluate their teams and candidates' soft skills and behaviors in an unbiased, scientific manner. Future market expansion efforts will focus on reaching more clients across Europe, enhancing its position in the recruitment technology sector.

## Funding rounds

- Seed, Feb 14, 2020, $1.1M — InnovationQuarter, 4Impact

## Investors

- InnovationQuarter (https://capitalatlas.ai/funds/innovationquarter) — Seed
- 4Impact (https://capitalatlas.ai/funds/4impact) — Seed