As part of our Sacramento Inno coverage, the Business Journal for the first time compiled a list of Startups to Watch in the new year. These startups are poised to make big moves, either in growth, funding, technology or development. We're highlighting 13 startups, generally with fewer than 100 employees, about 5 years old or less and that have raised less than $50 million. The group includes a diverse mix of companies throughout the region.
Startup to Watch: Humanly.io
In addition to its paradigm-altering health and social impacts, the pandemic changed the way companies recruit and hire employees, with an instantaneous shift to virtual hiring. That is a space Humanly.io was already developing. Humanly.io has developed artificial intelligence software that helps companies get beyond bias in screening job candidates.
The company’s software also helps automate screening and scheduling of hiring for companies and recruiters, but the special sauce is a suite of software that helps recruiters and hiring managers be more efficient during job candidate interviews and virtual interviews over teleconferencing. In essence, the software helps the interviewer get out of the way of the interviewee.
Humanly.io is headquartered in Seattle and Sacramento, and it raised a $4.2 million seed funding round in September from investors including Moneta Ventures LLC of Folsom and Growth Factory Capital in Rocklin. Humanly.io was the first funding announced from Rocklin entrepreneur and investor Mark Haney’s Growth Factory Capital fund. Humanly.io is also in the first cohort of companies in the 16-week Growth Factory accelerator program that started in September.
Humanly.io started up in the summer of 2019 when its co-founders went full-time with the company, and it received a $10,000 cash prize from winning the Sacramento Kings Capitalize contest in 2020. The company also went through the Mountain View-based Y Combinator accelerator that same year.
