Pymetrics, Inc.

Pymetrics, Inc. is an innovative technology company that utilizes neuroscience-based assessments and AI-driven algorithms to enhance hiring processes and talent management for organizations. Founded in 2013 and headquartered in New York, US, Pymetrics, Inc. specializes in using predictive behavioral assessments to improve recruitment strategies.

The company was acquired in August 2022 by Harver B. V. , a transaction that aimed to bolster product development. The company was co-founded by Alicia G.

and Frida Polli, who is currently the CEO. Under the leadership of Polli, Pymetrics has successfully engaged in five funding rounds, culminating in a Series B round led by General Atlantic, raising a total of USD 40. 00 mn, with a current valuation of USD 179. 96 mn.

Pymetrics offers a platform that leverages neuroscience-based gamified assessments to evaluate candidates, focusing on their potential fit for various roles. The platform aims to streamline the hiring process for organizations, particularly in sectors such as technology and finance, by providing data-driven insights that enhance talent acquisition. Their tools are designed to improve candidate experiences and assist organizations in making informed hiring decisions. Pymetrics generates revenue primarily through a subscription-based model, which allows organizations to access its suite of assessment tools and services.

Clients engage in annual contracts to utilize Pymetrics' behavioral assessments, enabling them to optimize hiring efficiency and reduce attrition rates. This model supports long-term relationships as organizations increasingly rely on these insights to refine their recruitment strategies. Pymetrics plans to leverage recent funding from its acquisition by Harver B. V.

to enhance product development, focusing on identifying and matching individuals to the right job roles. The company aims to expand its market presence, targeting regions across North America, Europe, and Asia-Pacific by the end of 2023. This strategic growth will allow Pymetrics to further integrate its innovative assessment technologies into the recruitment landscape, aligning with broader trends in talent management.