- HR tech pioneer Arctic Shores is targeting further growth in 2022, supported by £1.5m in venture debt funding from Silicon Valley Bank.
- The raise follows rapid new customer acquisition in 2021, including leading employers like Vitality, Xerox, and TalkTalk.
London, UK, [13/01/2022]: Arctic Shores, the psychometric assessment pioneers, have received £1.5m in venture debt funding from Silicon Valley Bank (SVB). The funding follows another exciting year for the company, where revenues grew by more than 50%.
The raise will support Arctic Shores’ aim of changing the way the world sees potential – just as 91% of employers struggle to fill roles amid a global skills shortage. Arctic Shores is now uniquely placed to help employers see more in people, with a platform that’s built to look beyond past experience, and uncover true potential at work.
To further promote that…