The all-equity seed round in the leadership talent evaluation software company was led by Round13 and joined by several undisclosed angel investors. The funds will be used to grow the company’s client base, enhance customer care and invest in existing and new products, CEO Elan Pratzer told The Logic. (The Logic)
Skip to content
The all-equity seed round in the leadership talent evaluation software company was led by Round13 and joined by several undisclosed angel investors. The funds will be used to grow the company’s client base, enhance customer care and invest in existing and new products, CEO Elan Pratzer told The Logic. (The Logic)
Talking point: The current methods for assessing leadership potential rely on opinions that are inherently biased, the company said in a release. Pratzer said this causes employers to hire incumbents, and miss out on emerging talent. System-3’s executive decision-making simulator, which is based on the responses of 150 Canadian executives, solves this by being an “objective, unbiased, scalable and affordable” method to evaluate talent, Pratzer added. In the next 12 months, System-3 will develop a product for board selection and invest in natural language processing.
Loading...
Thanks for sharing!
You have shared 5 articles this month and reached the maximum amount of shares available.
CloseThis account has reached its share limit.
If you would like to purchase a sharing license please contact The Logic support at [email protected].
CloseGift the full article!
You have gifted 0 article(s) this month and have 5 remaining.
Recipients will be able to read the full text of the article after submitting their email address. They will not have access to other articles or subscriber benefits.
Most Popular This Week
In-depth, agenda-setting reporting
Great journalism delivered straight to your inbox.
News
Trump renews trade attack on Canada, slapping 50% tariffs on a slew of exports
Briefing
Trump pushed Carney on wildfires at World Cup, resurrecting tariff threats
Angel investor Jesse Wiebe receives conditional discharge after pleading guilty to indecent act
Ford to invest US$900M in Ontario plants in new Unifor deal
Best business newsletter in Canada
Get up to speed in minutes with insights and analysis on the most important stories of the day, every weekday.
Exclusive events
See the bigger picture with reporters and industry experts in subscriber-exclusive events.
Membership in The Logic Council
Membership provides access to our popular Slack channel, participation in subscriber surveys and invitations to exclusive events with our journalists and special guests.
