analytics technology strengthens Randstad's total talent management solutions
Randstad Innovation Fund (RIF) is leading a Seed financing in Focus Orange Technology B.V., and further strengthens its portfolio of HR technology companies around talent acquisition and workforce management. The investment is directed at the development of Crunchr, Focus Orange’s analytics platform. Crunchr collects, validates and consolidates people data into meaningful insights around strategic workforce planning, succession, talent management and employee preferences. Analyses are presented in multi-dimensional reports while the built-in learn function helps users translate insights into action.
“Crunchr fits Randstad’s objective to offer comprehensive total talent management solutions,” says Randstad Executive Board member Linda Galipeau. “We have high expectations of Crunchr’s HR-analytics tool and of its potential to give our clients insights in their human capital and workforce planning.”
“We are at the forefront of HR data analytics,” says Dirk Jonker, founding partner of Focus Orange and chief technology officer of Crunchr. “We are thrilled to have the financial support of Randstad Innovation Fund to accelerate the development of our custom modelling solution Crunchr Next, and to scale up deployment in Western Europe and the United States.”
As a strategic corporate venture fund, RIF is building a portfolio of early-stage HR technology investments. RIF invests in companies, which are at the forefront of technology or transforming the talent acquisition and workforce management industry, hence boosting external innovation within the Randstad Group. The goal is to combine Randstad’s expertise and reach with entrepreneurial spirit and technological excellence. RIF has invested in 7 portfolio companies since its launch in March 2014. Visit www.randstad.com/innovationfund for more information.
About Focus Orange and Crunchr
Focus Orange is specialised in innovative human capital management. The company developed Crunchr, a SaaS-based HR reporting and analytics platform. With Randstad Holding, Arcadis and Deloitte as launching customers, Crunchr provides insights in organization analytics, strategic workforce planning, succession management, talent management and employee preferences. Each solution can be purchased separately or as part of the integrated Crunchr platform. Crunchr complies with the international standards on data privacy and integrity, and is implemented within weeks without business disruption. Crunchr was recognized by Gartner as "Cool Vendor in Human Capital Management 2015." To learn more about the platform, click here.