The Teddy Sagi Group has invested $6.5 million in Israel-based human resources startup Actiview, the company announced Sunday. Last week, Actiview was chosen as one of six finalists for the startup award at the UNLEASH HR-tech conference, to be held in London later this month.
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Founded in 2016 by Israeli military tech units veterans, Actiview is based in Lod, a town in central Israel, with additional offices in London.
Actiview’s system allows companies to evaluate a potential employee’s performance using virtual reality technologies that simulate real workplace challenges, taking into account each position’s unique requirements. Actiview’s algorithm studies both the company and the open position in order to accurately define the ideal candidate’s traits and qualifications, reducing the time required for effective recruitment.
Actiview’s technology integrates neuroscience, computer science, and behavioral science, Actiview co-founder and CEO Matanel Libi, said in a statement. The company has around 50 employees, among them neuroscientists, data scientists and engineers, and collaborates with academic research centers such as Tel Aviv University’s neuroscience research lab.