The Selection Lab
The Selection Lab provides an AI-powered platform to automate and streamline the hiring process up to the interview stage. They offer a suite of over 50 curated assessment tools from various vendors, covering soft skills, intelligence, hard skills, games, AI, and video-based assessments. The platform aims to enhance candidate experience, improve hiring efficiency by reducing time and costs, and enable data-driven hiring decisions. They cater to various roles by tailoring assessment combinations. The company also focuses on building diverse teams and fostering inclusivity. They have demonstrated traction with over 200+ customers and reported metrics like +45% retention and +66% hiring efficiency.
The Selection Lab
The Selection Lab provides an AI-powered platform to automate and streamline the hiring process up to the interview stage. They offer a suite of over 50 curated assessment tools from various vendors, covering soft skills, intelligence, hard skills, games, AI, and video-based assessments. The platform aims to enhance candidate experience, improve hiring efficiency by reducing time and costs, and enable data-driven hiring decisions. They cater to various roles by tailoring assessment combinations. The company also focuses on building diverse teams and fostering inclusivity. They have demonstrated traction with over 200+ customers and reported metrics like +45% retention and +66% hiring efficiency.
TL;DR
Product: AI-powered assessment platform that automates hiring up to interview stage with 50+ curated assessment tools
Headquarters: Amsterdam, Netherlands
Founders / leadership: Lotte Welten (co-founder & CEO), Joeri Everaers (co-founder & COO)
Customers / traction: Reportedly 200+ customers; metrics cited include +45% retention and +66% hiring efficiency
Funding: Seed round with investors including Borski Fund and Arches Capital; total funding reported in evidence: $1,680,000 (last date 2023-10-10)
Company Overview
Problem Domain
Hiring / talent assessment, candidate selection automation, soft-skill measurement
Industry
HR software / assessment SaaS
Funding Track Record
1680000.00 USD
Investors cited in evidence also include Arches Capital; Dealroom evidence references an Oct 2023 early VC round (~€1.2M) which corresponds to the reported funding date.
Investor Signal
“Backed by early-stage investors including Borski Fund and Arches Capital”