EquitySim, a San Francisco, CA-based technology-driven online simulation-based recruiting platform that partners with financial services firms, secured $3.1m in seed funding.
The round was led by University Ventures, with participation from Peak Ventures and 500 FinTech.
The company is using the funds to continue to expand operations and develop the platform.
Founded in 2016 by Justin Ling, CEO, EquitySim leverages algorithms to evaluate a candidate’s skill-sets, personality traits and culture fit. Its platform collects up to 100,000 data points for each candidate, allowing for a comprehensive and fair analysis of capabilities and potential.
Based on student behavior and performance in the simulations, the platform then matches students with career opportunities at top financial services firms, including Credit Suisse.
The company partners with more than 220 colleges and universities worldwide to employers to identify talent from a wider, more diverse pool of candidates.