MeVitae Secures $1.8 Million Funding to Drive Diversity and Inclusion Initiatives

February 16, 2024

MeVitae, a UK-based Diversity, Equity, and Inclusion (DEI) startup, has recently secured a significant investment of $1.8 million, marking a pivotal moment in its mission to reshape hiring processes. Spearheaded by Apex Black, this funding underscores MeVitae's commitment to leveraging innovative AI-powered HR technology to combat biases in the workplace.

Founded by Oxford University alumni Riham Satti and Vivek Doraiswamy, MeVitae specializes in offering a comprehensive DEI ecosystem of HR tools. These tools, developed from a blend of AI ethics and neuroscience perspectives, are meticulously designed to detect and mitigate biases, enabling organisations to make fairer, smarter, and quicker hiring decisions.

Satti, reflecting on her journey, recalls how her university years unveiled the harsh reality of biases impacting opportunities based on gender or skin color. This realisation, coupled with Doraiswamy's expertise in AI ethics and neuroscience, propelled them to address biases head-on through the creation of MeVitae.

The impact of MeVitae's solutions is tangible, with organisations across various sectors witnessing a significant increase in gender and ethnic diversity. Partnerships with industry giants like Oracle and Microsoft have further solidified MeVitae's credibility in the tech space, contributing to a remarkable 350% growth over the past year.

The infusion of $1.8 million in investment serves as a catalyst for MeVitae's expansion, particularly in the US market where a substantial portion of its client base resides. Geoff Lloyd, a seasoned HR professional, joins MeVitae's leadership team, expressing enthusiasm for the company's innovative approach to diversity and inclusion.

"I am delighted to join the Board of MeVitae," says Lloyd. "MeVitae has created a truly innovative technology platform that significantly improves both the breadth and depth of the talent pool that organisations can access through removing bias and improving time to hire, all underpinned by class-leading analytics."

The journey ahead for MeVitae is promising, driven by unwavering passion and a commitment to fostering fairness and equity in the workplace. With a focus on advancing diversity, equity, and inclusion initiatives, MeVitae continues to reshape the landscape of HR technology, paving the way for a more inclusive future in business.

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