TalentMapper Secures £2m to Revolutionize HR Tech Solutions

Founded in 2023, TalentMapper, a London-based HR platform, has raised £2 million in a funding round led by Mercia Ventures and Haatch to enhance its technology, expand its team, and support organizational growth. The platform, which leverages AI and machine learning, aims to optimize workforce skills management by providing HR teams with detailed insights into their workforce's capabilities and potential. This technology is specifically designed for businesses with over 250 employees, aiming to reduce recruitment and training costs while promoting equal career opportunities. Since its launch 18 months ago, it has gained significant clients such as Dunelm, Danone, and Mountain Warehouse, achieving an annual recurring revenue of over £700,000. TalentMapper occupies the niche SkillTech field, poised to address increasing employee turnover and adapt to the new digital landscape and AI-driven future.