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Reejig secures funding for growth

By Jack Campbell | |5 minute read
Reejig secures funding for growth

Reejig has been provided investment from Salesforce Ventures, bringing the total raised to $38 million since their 2019 launch.

Reejig is an intelligence platform that uses AI to capture employees’ skills so they can be upskilled, reskilled or redeployed to new assignments. They’re using this latest investment to expand their global operation and further develop their software. In the past year, Reejig’s team has grown by over 1,000 per cent.

CEO and co-founder, Siobhan Savage said: “We’re helping organisations optimise their workforces and unlock their people’s potential. This starts with having an unbiased view of who your people are, what skills they have, and how busy they are.”

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She added: “Our workforce intelligence platform provides organizations with a central nervous system for all their talent decisions, giving them the tools to get the right skills in the right place at the right time - ensuring everyone has access to a meaningful career.”

Salesforce Ventures is the latest company to invest, alongside Skip Capital, Airtree Ventures and Culture Amp.

Speaking on their involvement, managing director at Salesforce Ventures, Mike Ferrari said: "Addressing the huge skills gap and shortage of training opportunities for working is more important than ever. We’re thrilled to partner with Reejig, who is transforming the way businesses mobilise, reskill and optimise their workforces.”

“We look forward to working alongside the Reejig team as they continue to grow,” he said.

Reejig’s mission is creating ‘zero wasted potential’. With this in mind, they recently launched their impact fund.

This initiative is described on their website as: “…helping underrepresented communities unlock career opportunities, growth, and potential. The Reejig Impact Fund will donate Reejig’s workforce intelligence technology to veteran, skilled refugee and other underrepresented communities, with a goal to reskill, build new capabilities, and remove barriers to career opportunities for all.”

Ms Savage commented on the fund: “We’re not just building technology; we’re also creating recurring impact and change for the better. The Reejig Impact Fund is our way of giving back to society by removing barriers to career opportunities for all.”

“When people have fair and equitable access to personally meaningful work — no matter their background — all of society can reap the benefits,” she said.

In August, Forbes names Reejig on their The Cloud 100 2022 list, highlighting 20 promising Cloud computing startups.

 

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Training

Training is the process of enhancing a worker's knowledge and abilities to do a certain profession. It aims to enhance trainees' work behaviour and performance on the job.

Jack Campbell

Jack Campbell

Jack is the editor at HR Leader.