Latest news with #HiringBranch
National Post
27-05-2025
- Business
- National Post
Unbiased Hiring Decisions with the HiringBranch Soft Skills AI™ Assessment
Article content Article content MONTREAL — HiringBranch, creators of the first AI-based assessments to measure soft skills, has engaged BABL AI Inc., a leading AI systems analyst firm, to audit its algorithms under New York City Local Law 144. This local AI legislation regulates automated employment decision tools that have the potential to perpetuate biases, exclude qualified candidates, and increase legal risks. Article content HiringBranch is committed to demonstrating the trustworthiness of its AI to end users, continuously conducting analyses to monitor the impacts of its technology and decision-making. These analyses revealed no significant differences in the assessment scores of male versus female candidates or in native versus non-native speakers of English. Article content In this latest audit, HiringBranch engaged in a voluntary bias analysis to identify potential disparities in performance across different demographic groups, such as gender, ethnicity, first language, and geographic location. 'Our goal is to discover what a candidate can do, regardless of who they are,' says Chief Research and Development Officer at HiringBranch, Assaf Bar-Moshe, PhD. 'The BABL audit confirms that we can do just that – we can hire candidates based on their skills without introducing bias into the process,' he concluded. Article content Following the audit process, BABL AI concluded that HiringBranch satisfies Law 144's requirement for bias. HiringBranch passed all sections, including those evaluating governance, risk assessment, and disparate impact quantification. Article content Completing an independent, third-party evaluation was an obvious next step for the HiringBranch team, and passing the New York City Local Law audit is the latest testament to the quality of the HiringBranch product. By conducting these types of analyses regularly, AI companies can identify possible improvements to enhance the fairness of their assessment tool alongside emerging AI regulations. Article content Hiring assessments aren't new. AI skills assessments are. HiringBranch uses native AI to measure soft skills from conversations. This unique open-ended approach is the next generation to legacy multiple-choice assessments – because human skills cannot be measured by A, B, or C. Fortune 1000s and contact centers use HiringBranch to reduce interview time by over 80% while achieving mis-hire rates as low as 1%. Founded by Patricia Macleod and Stephane Rivard and headquartered in Canada, HiringBranch proudly serves high-volume hiring companies like Bell Canada and Infosys. Article content Article content Article content Article content Article content Article content
Business Wire
27-05-2025
- Business
- Business Wire
Unbiased Hiring Decisions with the HiringBranch Soft Skills AI™ Assessment
MONTREAL--(BUSINESS WIRE)-- HiringBranch, creators of the first AI-based assessments to measure soft skills, has engaged BABL AI Inc., a leading AI systems analyst firm, to audit its algorithms under New York City Local Law 144. This local AI legislation regulates automated employment decision tools that have the potential to perpetuate biases, exclude qualified candidates, and increase legal risks. "The BABL audit confirms (...) – we can hire candidates based on their skills without introducing bias into the process." Share HiringBranch is committed to demonstrating the trustworthiness of its AI to end users, continuously conducting analyses to monitor the impacts of its technology and decision-making. These analyses revealed no significant differences in the assessment scores of male versus female candidates or in native versus non-native speakers of English. In this latest audit, HiringBranch engaged in a voluntary bias analysis to identify potential disparities in performance across different demographic groups, such as gender, ethnicity, first language, and geographic location. 'Our goal is to discover what a candidate can do, regardless of who they are,' says Chief Research and Development Officer at HiringBranch, Assaf Bar-Moshe, PhD. 'The BABL audit confirms that we can do just that – we can hire candidates based on their skills without introducing bias into the process,' he concluded. Following the audit process, BABL AI concluded that HiringBranch satisfies Law 144's requirement for bias. HiringBranch passed all sections, including those evaluating governance, risk assessment, and disparate impact quantification. Completing an independent, third-party evaluation was an obvious next step for the HiringBranch team, and passing the New York City Local Law audit is the latest testament to the quality of the HiringBranch product. By conducting these types of analyses regularly, AI companies can identify possible improvements to enhance the fairness of their assessment tool alongside emerging AI regulations. About HiringBranch Hiring assessments aren't new. AI skills assessments are. HiringBranch uses native AI to measure soft skills from conversations. This unique open-ended approach is the next generation to legacy multiple-choice assessments – because human skills cannot be measured by A, B, or C. Fortune 1000s and contact centers use HiringBranch to reduce interview time by over 80% while achieving mis-hire rates as low as 1%. Founded by Patricia Macleod and Stephane Rivard and headquartered in Canada, HiringBranch proudly serves high-volume hiring companies like Bell Canada and Infosys.
Yahoo
23-04-2025
- Business
- Yahoo
CIBC Innovation Banking Provides $2.5M of Growth Capital to HiringBranch
MONTREAL, April 23, 2025--(BUSINESS WIRE)--CIBC Innovation Banking announced today that it has provided $2,500,000 in growth capital to HiringBranch. The company will use the financing to expand its market reach. HiringBranch is transforming the way enterprises and contact centres hire at scale with its tailored conversational voice and chat assessment. This approach helps reduce the number of interviews needed by automating the soft skills assessment traditionally evaluated by a person in an interview. "For too long, hiring has been driven by outdated processes and technology that fail to reflect the realities of today's workforce," said Stéphane Rivard, Co-Founder and CEO of HiringBranch. "AI and skills-based hiring are game-changers, but adopting them at scale has been out of reach for most large enterprises and contact centres. That's why we're thrilled to have the support of CIBC Innovation Banking as we unlock the power of soft skills, by finally measuring what was once considered immeasurable." "We are excited to extend our relationship with HiringBranch as it continues its growth and leadership within the human resources space," said Eric Laflamme, Managing Director, CIBC Innovation Banking. "Our main goal is to provide the company with flexibility for the road ahead." HiringBranch recently raised $5M in Series A funding in a round led by Crédit Mutuel Equity, with participation from Export Development Canada and Anges Québec, to scale its innovative Soft Skills AI™. HiringBranch was recently recognized with a Lighthouse HR Tech Award for Best Innovative or Emerging Tech Solution among the top 1% of HR technology vendors. About CIBC Innovation Banking CIBC Innovation Banking has 25 years of specialized experience in growth-stage tech and life science companies across North America – a longer track record than most banks. CIBC Innovation Banking now has over $11 billion in funds managed including life sciences, health care, cleantech companies, investors, and entrepreneurs, and has assisted over 700 venture and private equity-backed businesses over the past six and a half years. The bank operates out of 14 global locations in San Francisco, Menlo Park, New York, Toronto, London, Austin, Boston, Chicago, Seattle, Vancouver, Montreal, Atlanta, Reston, and Durham. Connect with us today to start the conversation. About HiringBranch Hiring assessments aren't new. AI skills assessments are. HiringBranch uses native AI to measure soft skills from conversations. This unique open-ended approach is the next generation to legacy multiple-choice assessments – because human skills cannot be measured by A, B, or C. Fortune 1000s and contact centers use HiringBranch to reduce interview time by over 80% while achieving mis-hire rates as low as 1%. Founded by Patricia Macleod and Stéphane Rivard and headquartered in Canada, HiringBranch proudly serves high-volume hiring companies like Bell Canada and Infosys. View source version on Contacts Katarina Milicevic, 416 586-3609HiringBranch, hiringbranch@ Sign in to access your portfolio
