Milan-based HRtech startup Talentware raised €800,000. 3 Bain alumni launched the company in 2023. Talentware is an AI-powered SaaS platform that empowers companies to engage, develop, and retain their talent using a skill-based approach.
The funding round of €800k was led by 360 Capital, aiming to empower businesses with data-driven workforce planning and strategic talent development. As part of its development strategy, the company plans to use the funds to meet the growing demand from mid-large companies and gain a leading position in the skill-based talent management industry.
Talentware analyses employees’ skills, interests, and work preferences and automatically charts potential career paths. It also identifies individual skill gaps and suggests personalised development opportunities for each employee.
“Today, companies are overwhelmed by information but are blind to their greatest asset, their people. At Talentware, we want to provide companies with the right tool to support their strategic talent management processes,” recalls co-founder Andrea Raimondo.
Harnessing the power of AI, the company is set to transform static and manual talent processes and deliver continuous skills innovation, creating a future-ready workforce.
“As former employees, we know the value of having personalised development and career opportunities. With Talentware, employees have a co-pilot in their career journey to facilitate growth within the company instead of looking for alternative jobs,” commented Giacomo Marchiori, co-founder.
“We’ve noticed how medium and large companies, both in Italy and abroad, are deeply reconsidering how to internally manage and map talent in a rapidly changing work environment that is shifting towards new models of talent retention: this is where Talentware comes in. We are happy to support them on this journey!” – Lucrezia Lucotti, Partner at 360 Capital.
Talentware has successfully tested its platform’s beta version with three design partners at the European level in roughly six months after financing, exploring a variety of use cases across various industries and corporate sizes.
About Talentware:
Talentware offers a modular SaaS platform to provide companies with a comprehensive solution including AI-powered skill mapping, planning & mobility features, development based on specific skill gaps and growth review to collect feedback and measure progress. The platform analyses employees’ skills, interests, and work preferences for potential career paths, skill gaps, and personalised development opportunities.
