Talentware, an Italian positive impact startup, kick-starts its journey with a pre-seed fundraising round of €800k led by 360 Capital to empower businesses with data-driven workforce planning and strategic talent development.
As part of its development strategy, the funding will allow the company to meet the growing demand from mid-large companies and gain a leading position in the skill-based talent management industry.
Launched by 3 Bain Alumni and supported by a number of outstanding profiles from the business and entrepreneurial community, Talentware has earned support from 360 Capital, highlighting the importance given to the HR-tech sector.
Since its foundation in 2023, Talentware has given itself the mission of empowering companies to effectively engage, develop, and retain top talent by providing skill-based talent management solutions. Their AI-powered platform aims to guide employees in their career paths while enabling organizations to make strategic workforce decisions.
More than 45% of employee’s core skills will change in the next five years due to technological disruptions, which requires companies to implement effective upskilling and reskilling processes to remain competitive. In such a context, combined with an increasing difficulty of attracting and retaining younger generations, Talentware enables the necessary shift from role-based to skill-based organization.
Talentware offers a modular SaaS platform to provide companies with a comprehensive solution including AI-powered skill mapping, planning & mobility features, development based on specific skill gaps and growth review to collect feedback and measure progress.
“Today companies are overwhelmed by information but blind to their greatest asset, their people. At Talentware, we want to provide companies with the right tool to support their strategic talent management processes,” said Andrea Raimondo co-founder.
“As former employees, we know the value of having personalized development and career opportunities. With Talentware employees have a co-pilot in their career journey, to facilitate growth within the company instead of looking for alternative jobs,” commented Giacomo Marchiori co-founder.
“We’ve noticed how medium and large companies both in Italy and abroad are deeply reconsidering how to internally manage and map talent in a rapidly changing work environment which is shifting towards new models of talent retention: this is where Talentware comes in. We are happy to support them on this journey!” added Lucrezia Lucotti, Partner at 360 Capital
In about 6 months since funding, Talentware has successfully tested its beta version of the platform with three design partners at European level, testing multiple use cases across different sectors and company sizes.
After the conversion of such partners, Talentware is now releasing the final version of the platform while expanding to new European customers, also leveraging on strategic partnerships with key players from the consulting and HR industries. The proceeds from this fundraising round will be primarily used to strengthen the team, with the hiring of some strategic tech and sales personnel, to foster Talentware growth and reach its ambitious goals.
