Belfast tech firm secures pre-seed funding for US roll-out of talent software
A BELFAST based company has said new investment for its employee analysis software will help the product's roll-out across North America.
Upskill Enterprise has already carried out 10 pilot test runs of its online TalentSensus platform across six states in the USA.
Company founder Stephen Rice said an additional £160,000 of pre-seed investment has now helped it seal a distribution deal with a US federal agency.
“TalentSensus helps businesses take control of the most challenging aspects of talent management,” he said.
“We provide an intuitive affordable visualization of current and future skills needs to help businesses effectively plan recruitment, retention and up-skilling strategies as well as optimizing the integration of automation within the workforce.”
The Belfast firm, which established a presence in North America in February, is now preparing to deliver the first functional release of its employee development product in Michigan, with six other US states expected to follow over the next six months.
It secured the contract in Benton Harbour, Michigan with its US partner Kinexus Group.
Upskill Enterprise currently has five staff across Belfast, Manila and the US. It's now planning for expansion in the north to support its growth in the United States.
Mr Rice said the company will use the initial funding to expand, with a goal of securing seed funding of around $0.5m (£0.45m).
“The implementation of technology is changing the nature of jobs and work, faster than most of us anticipated,” added the company chief executive.
“Business, economic, and community growth depends, in large part, on the talent and agility of the people residing in regional areas.
“For these reasons alone, it is increasingly important for businesses to play a leadership role in supporting their employees through up-skilling, for employees to embrace lifelong learning, and for governments to create an environment to enable business and employees to sustain such efforts.”