A New Brunswick-based software company focusing on creating more inclusive workplaces has received more than $950,000 in investment.
MESH/diversity’s software helps organizations build a more diverse and inclusive workforce. Using predictive algorithms, the company’s Diversity Intelligence Platform benchmarks, measures and drives inclusive cultures where the best people will want to work, stay and thrive.
MESH helps organizations remove unconscious bias from the hiring and promotion process, while creating a stronger corporate culture.
The New Brunswick Innovation Foundation (NBIF) contributed $250,000 to the round.
“Currently, there’s increased importance placed on equity, diversity and inclusivity which has created a new opportunity for solutions that create fairer hiring and human resources processes,” said Daniel Hoyles, an NBIF investment analyst, in a release. “We feel that MESH/diversity is uniquely positioned to address this.”
Led by CEO Mike Wright, MESH/diversity was founded in 2013. Since then, the company has doubled its team, grown its revenue, and expanded its customer base. The company counts Southern New Hampshire University, LPL Financial, OSL Retail Services and Habitat for Humanity Canada among its clients.
MESH’s platform and approach are underpinned by its Chief Diversity Officer, Leeno Karumanchery, and his 20+ years of experience and expertise in the field.
Diversity & Inclusion, MESH/diversity plans to use the investment to help increase revenue, expand the sales and marketing team, and continue to grow its client base.
“Companies are increasingly recognizing the value of building inclusive cultures, and contrary to the popular belief, you can’t simply hire your way there,” says Mike Wright, CEO of MESH/diversity. “At MESH, we take a data-driven approach to removing unconscious bias so our clients can build the cultures that they want.”