Dutch startup Everday, which offers an AI-driven skill management platform, has secured €300K as a part of its ongoing pre-seed funding round. The investment came from Builders Studio, a startup studio for SaaS companies. The pre-seed funding round is expected to close by December 2024.
Funds utilisation
The funding raised will be used for the platform’s go-to-market activities and further product development. One of these will include the development of a feature to predict trends and related skills in different sectors so that organisations can proactively prepare for future needs.
AI skill management platform
Backed by the funding, Everday officially launched the skill management platform today. It is accompanied by 13 launching customers in nine different countries, including The Last Mille and Leadsales.
Driven by rapidly evolving technology, it is expected that by 2030 as many as one billion workers will need to be retrained to stay relevant. Where technical skills previously held their value for a decade, that has now dropped to a mere two and a half years. This pressures organisations to ensure a future-proof workforce by (re)training, and recruitment.
Founded by Mexican Estefania Hernandez and Dutch Dylan Moerland, this skill management platform allows organisations to analyse and map the current skills of their employees and make data-driven decisions about their development and the recruitment of new talent.
Creates digital twin of employees
Everday’s AI platform creates a ’digital twin’ for each employee, which forms a digital representation of their skills and willingness to grow. This information is gathered through an automated onboarding and assessment, which identifies employees’ experiences and digital footprint. Colleagues and managers are also asked to verify this input, providing an extra layer of objectivity and accuracy.
The digital twins are then analysed and compared to the European Skills, Competences, Qualifications, and Occupations (ESCO) classification using AI. This provides a guideline for the skills, competencies, and qualifications required for each occupation. The desired levels of skills can be customised by each organisation.
The digital representations on Everdayclearly show in which areas employees can and should improve. It helps leadership teams know which skills are sufficiently present, where gaps exist, and which competencies are most common among top-performing employees. Ongoing monitoring also ensures that the effect of training and education is clearly mapped. These insights enable organisations to make data-driven decisions for a workforce.
“Our goal is to redefine how organisations approach skill management,” said Estefania Hernandez, CEO and co-founder of Everday. “By giving companies real-time insights into their workforce’s strengths and weaknesses, Everday empowers leaders to make faster and smarter decisions about their teams, enabling them to align their company goals with their in-house skills.”
“Everday helps us to quickly and easily understand the skills that are present and missing in our company. This allows us to make targeted investments, both in developing current employees and in hiring new staff. Thanks to the AI-driven insights, we can now anticipate the changing needs of our industry much more efficiently,” said Daniël Siahay, Founder of HeadFWD.
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